Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.6.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net revenue $ 387,832 $ 300,360 $ 133,112
Cost of net revenue 157,842 144,937 51,154
Gross profit 229,990 155,423 81,958
Operating expenses:      
Research and development 97,745 85,405 56,625
Selling, general and administrative 64,454 77,981 34,191
Impairment of Intangible Assets (Excluding Goodwill) 1,300 21,600 0
Restructuring charges 3,432 14,086 0
Total operating expenses 166,931 199,072 90,816
Income (loss) from operations 63,059 (43,649) (8,858)
Interest income 572 275 236
Other expense 59 468 (123)
Income (loss) before income taxes 63,690 (42,906) (8,745)
Provision (benefit) for income taxes 2,398 (575) (1,704)
Net income (loss) $ 61,292 $ (42,331) $ (7,041)
Net income (loss) per share:      
Basic (usd per share) $ 0.96 $ (0.79) $ (0.19)
Diluted (usd per share) $ 0.91 $ (0.79) $ (0.19)
Shares used to compute net income (loss) per share:      
Basic (shares) 63,781 53,378 36,472
Diluted (shares) 67,653 53,378 36,472