v3.24.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net revenue $ 693,263,000 $ 1,120,252,000 $ 892,398,000
Cost of net revenue 307,600,000 470,483,000 396,566,000
Gross profit 385,663,000 649,769,000 495,832,000
Operating expenses:      
Research and development 269,504,000 296,442,000 278,440,000
Selling, general and administrative 132,156,000 168,008,000 149,943,000
Impairment losses 2,438,000 2,811,000 0
Restructuring charges 19,786,000 2,265,000 2,204,000
Total operating expenses 423,884,000 469,526,000 430,587,000
Income (loss) from operations (38,221,000) 180,243,000 65,245,000
Interest income 6,053,000 245,000 78,000
Interest expense (10,702,000) (9,768,000) (12,996,000)
Loss on extinguishment of debt 0 0 (5,221,000)
Other income (expense), net (20,940,000) 3,478,000 764,000
Total other income (expense), net (25,589,000) (6,045,000) (17,375,000)
Income (loss) before income taxes (63,810,000) 174,198,000 47,870,000
Income tax provision 9,337,000 49,158,000 5,901,000
Net income (loss) $ (73,147,000) $ 125,040,000 $ 41,969,000
Net income (loss) per share:      
Basic (usd per share) $ (0.91) $ 1.60 $ 0.55
Diluted (usd per share) $ (0.91) $ 1.55 $ 0.53
Shares used to compute net income (loss) per share:      
Basic (shares) 80,719 78,039 76,037
Diluted (shares) 80,719 80,852 79,679

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