| Quarterly Financial Information [Text Block] |
Supplementary Financial Information (Unaudited)
Quarterly Results of Operations
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Year Ended December 31, 2014
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Mar. 31,
2014
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Jun. 30,
2014
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Sept. 30,
2014
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Dec. 31,
2014(1)
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(in thousands, except per share amounts)
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Total revenue
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$
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31,189
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$
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33,922
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$
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36,278
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$
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54,753
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Gross profit
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20,126
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21,626
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23,275
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20,627
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Net income (loss)
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(995
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)
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2,634
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(6,857
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)
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(17,390
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)
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Basic earnings per share
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(0.03
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)
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0.08
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(0.22
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)
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(0.47
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)
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Diluted earnings per share
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(0.03
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)
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0.08
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(0.22
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)
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(0.47
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)
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Year Ended December 31, 2013
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Mar. 31,
2013
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Jun. 30,
2013
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Sept. 30,
2013
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Dec. 31,
2013
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(in thousands, except per share amounts)
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Total revenue
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$
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22,584
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$
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24,339
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$
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26,611
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$
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29,130
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Gross profit
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14,292
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|
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15,446
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16,815
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19,016
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Net income (loss)
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(7,671
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)
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(1,474
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)
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(2,760
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)
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(1,273
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)
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Basic earnings per share
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(0.27
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)
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(0.05
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)
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(0.09
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)
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(0.04
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)
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Diluted earnings per share
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(0.27
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)
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(0.05
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)
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(0.09
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)
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(0.04
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)
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(1)
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On October 3, 2014, we completed the acquisition of Cortina, including its high-speed interconnect and optical transport product lines. The results of operations of Cortina and estimated fair value of assets acquired and liabilities assumed were included in our financial statements from the acquisition date. This acquisition resulted in a significant change in our statement of operations in 2014 which includes increase cost of goods sold resulting from the step-up inventory acquired from Cortina and amortization of acquired intangibles.
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