|
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Net revenue | $ 27,795 | $ 17,639 | $ 72,898 | $ 52,641 |
| Cost of net revenue | 10,328 | 6,307 | 27,893 | 19,043 |
| Gross profit | 17,467 | 11,332 | 45,005 | 33,598 |
| Operating expenses: | ||||
| Research and development | 10,855 | 9,456 | 33,758 | 29,977 |
| Selling, general and administrative | 6,167 | 5,033 | 19,750 | 14,329 |
| Total operating expenses | 17,022 | 14,489 | 53,508 | 44,306 |
| Income (loss) from operations | 445 | (3,157) | (8,503) | (10,708) |
| Interest income | 74 | 63 | 221 | 234 |
| Interest expense | (11) | (32) | (45) | (38) |
| Other expense, net | (14) | (35) | (109) | (110) |
| Income (loss) before income taxes | 494 | (3,161) | (8,436) | (10,622) |
| Provision for income taxes | 44 | 8,227 | 235 | 6,710 |
| Net income (loss) | $ 450 | $ (11,388) | $ (8,671) | $ (17,332) |
| Net income (loss) per share: | ||||
| Basic | $ 0.01 | $ (0.35) | $ (0.26) | $ (0.53) |
| Diluted | $ 0.01 | $ (0.35) | $ (0.26) | $ (0.53) |
| Shares used to compute net income (loss) per share: | ||||
| Basic | 33,316 | 32,743 | 33,402 | 32,410 |
| Diluted | 34,547 | 32,743 | 33,402 | 32,410 |