v3.22.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net revenue $ 263,927 $ 209,359
Cost of net revenue 109,337 97,640
Gross profit 154,590 111,719
Operating expenses:    
Research and development 65,886 63,166
Selling, general and administrative 40,577 36,469
Restructuring charges 0 2,166
Total operating expenses 106,463 101,801
Income from operations 48,127 9,918
Interest income 31 0
Interest expense (2,349) (4,206)
Other income (expense), net (770) (104)
Total other income (expense), net (3,088) (4,310)
Income before income taxes 45,039 5,608
Income tax provision 11,453 1,806
Net income $ 33,586 $ 3,802
Net income per share:    
Basic (usd per share) $ 0.44 $ 0.05
Diluted (usd per share) $ 0.42 $ 0.05
Shares used to compute net income per share:    
Basic (shares) 77,192 74,852
Diluted (shares) 80,641 78,283

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