Description of Business and Summary of Significant Accounting Policies (Tables)
|
9 Months Ended |
Sep. 30, 2015 |
|---|
| Description of Business and Summary of Significant Accounting Policies |
|
| Schedule of revenue from United States, Canada and all other international dealers and distributors combined |
The following table sets forth revenue from the U.S., Canadian and all other international dealers and distributors combined (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
Nine Months Ended
|
|
|
|
|
|
September 30,
|
|
September 30,
|
|
|
|
|
|
2014
|
|
2015
|
|
2014
|
|
2015
|
|
|
|
Revenue-United States
|
|
$
|
25,517
|
|
$
|
29,300
|
|
$
|
71,211
|
|
$
|
80,571
|
|
|
|
Revenue-Canada
|
|
|
4,140
|
|
|
3,702
|
|
|
10,802
|
|
|
10,910
|
|
|
|
Revenue-all other international sources
|
|
|
9,463
|
|
|
10,556
|
|
|
25,623
|
|
|
28,801
|
|
|
|
Total revenue
|
|
$
|
39,120
|
|
$
|
43,558
|
|
$
|
107,636
|
|
$
|
120,282
|
|
|
|
International revenue (excluding Canada) as a percent of total revenue
|
|
|
24
|
%
|
|
24
|
%
|
|
24
|
%
|
|
24
|
%
|
|
|
| Schedule of changes in the product warranty liability |
The following table presents the changes in the product warranty liability (in thousands):
|
|
|
|
|
|
|
|
|
Warranty Liability
|
|
|
Balance at December 31, 2014
|
|
$
|
1,191
|
|
|
Warranty costs accrued
|
|
|
1,524
|
|
|
Warranty claims
|
|
|
(1,271)
|
|
|
Balance at September 30, 2015
|
|
$
|
1,444
|
|
|
| Schedule of reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share |
The following table presents the reconciliation of the numerator and denominator used in the calculation of basic and diluted net income (loss) per share (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
Nine Months Ended
|
|
|
|
|
September 30,
|
|
September 30,
|
|
|
|
|
2014
|
|
2015
|
|
2014
|
|
2015
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
|
|
$
|
2,763
|
|
$
|
1,191
|
|
$
|
4,235
|
|
$
|
(999)
|
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average common stock outstanding for basic net income (loss) per common share
|
|
|
23,840
|
|
|
24,129
|
|
|
23,559
|
|
|
24,260
|
|
|
Effect of dilutive securities—stock options and restricted stock units
|
|
|
1,750
|
|
|
727
|
|
|
2,112
|
|
|
—
|
|
|
Weighted average common shares and dilutive securities outstanding
|
|
|
25,590
|
|
|
24,856
|
|
|
25,671
|
|
|
24,260
|
|
|
| Schedule of anti-dilutive weighted-average common stock equivalents excluded from the calculation of diluted net loss per share |
The following weighted-average common stock equivalents were anti-dilutive and therefore were excluded from the calculation of diluted net income (loss) per share (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
Nine Months Ended
|
|
|
|
|
September 30,
|
|
September 30,
|
|
|
|
|
2014
|
|
2015
|
|
2014
|
|
2015
|
|
|
Options to purchase common stock
|
|
1,245
|
|
2,687
|
|
912
|
|
4,796
|
|
|
Restricted stock units
|
|
—
|
|
—
|
|
—
|
|
87
|
|
|
Total
|
|
1,245
|
|
2,687
|
|
912
|
|
4,883
|
|
|