|
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
|
| Revenue | $ 238,091 | $ 213,813 | $ 196,519 |
| Cost of revenue | 110,190 | 100,665 | 94,925 |
| Gross profit | 127,901 | 113,148 | 101,594 |
| Operating expenses: | |||
| Research and development | 49,733 | 48,796 | 44,518 |
| Selling, general and administrative | 54,624 | 50,018 | 40,280 |
| Litigation expense (benefit), net | (371) | (2,945) | 3,379 |
| Total operating expenses | 103,986 | 95,869 | 88,177 |
| Income from operations | 23,915 | 17,279 | 13,417 |
| Interest and other income, net | 92 | 611 | 309 |
| Income before income taxes | 24,007 | 17,890 | 13,726 |
| Income tax provision | 1,109 | 2,134 | 425 |
| Net income | $ 22,898 | $ 15,756 | $ 13,301 |
| Basic net income per share (in Dollars per share) | $ 0.61 | $ 0.45 | $ 0.39 |
| Diluted net income per share (in Dollars per share) | $ 0.59 | $ 0.43 | $ 0.38 |
| Weighted average common shares outstanding: | |||
| Basic (in Shares) | 37,387 | 34,871 | 34,050 |
| Diluted (in Shares) | 38,620 | 36,247 | 35,160 |