s6y
Night mode
Documents
Document List
10-K
EX-21.1
EX-23.1
EX-31.1
EX-31.2
EX-32.1
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS
Revenue
$ 148,800
$ 128,511
$ 109,512
Cost of revenue
72,443
64,234
57,225
Cost of revenue - inventory purchase commitment
(380)
1,840
Gross margin
76,357
64,657
50,447
Operating expenses:
Research and development
27,365
24,979
20,310
Sales and marketing
25,887
21,975
20,182
General and administrative
14,195
12,329
10,150
Litigation settlement
47
440
2,869
Total operating expenses
67,494
59,723
53,511
Income (loss) from operations
8,863
4,934
(3,064)
Other income (expense):
Interest income
239
16
13
Interest expense
(177)
(470)
(277)
Other income (expense)
(358)
(729)
(254)
Total other income (expense)
(296)
(1,183)
(518)
Income (loss) before income taxes
8,567
3,751
(3,582)
Income tax expense
411
248
141
Net income (loss)
$ 8,156
$ 3,503
$ (3,723)
Net income (loss) per common share:
Basic (in dollars per share)
$ 0.34
$ 0.33
$ (1.58)
Diluted (in dollars per share)
$ 0.32
$ 0.16
$ (1.58)
Weighted-average number of shares:
Basic (in shares)
23,685
10,609
2,360
Diluted (in shares)
25,646
22,263
2,360