| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Net revenues | |||||||||
624,333 | 316,159 | 286,166 | 322,591 | 357,249 | 343,904 | 232,846 | 216,678 | 149,523 | 61,661 |
Cost of revenues | |||||||||
403,088 | 221,714 | 230,123 | 264,583 | 249,032 | 230,861 | 165,430 | 161,390 | 120,454 | 55,159 |
Gross profit | |||||||||
221,245 | 94,445 | 56,043 | 58,008 | 108,217 | 113,043 | 67,416 | 55,288 | 29,069 | 6,502 |
Operating expenses: | |||||||||
Research and development | |||||||||
40,381 | 32,587 | 33,157 | 50,703 | 50,819 | 45,386 | 34,524 | 35,601 | 25,099 | 14,296 |
Sales and marketing | |||||||||
36,728 | 27,047 | 23,126 | 38,810 | 45,877 | 41,003 | 31,080 | 25,973 | 17,454 | 6,558 |
General and administrative | |||||||||
38,808 | 29,086 | 22,221 | 27,418 | 30,830 | 31,083 | 23,970 | 24,875 | 15,228 | 6,365 |
Restructuring charges | |||||||||
2,599 | 4,129 | 16,917 | 3,777 | 0 | 0 | - | - | - | - |
Total operating expenses | |||||||||
118,516 | 92,849 | 95,421 | 120,708 | 127,526 | 117,472 | 89,574 | 86,449 | 57,781 | 27,219 |
Income from operations | |||||||||
102,729 | 1,596 | -39,378 | -62,700 | -19,309 | -4,429 | -22,158 | -31,161 | -28,712 | -20,717 |
Other income (expense), net | |||||||||
Interest income | |||||||||
2,513 | 1,058 | 276 | - | - | - | - | - | - | 39 |
Interest expense | |||||||||
9,691 | 10,693 | 8,212 | 2,773 | 501 | 1,863 | 2,055 | 6,436 | 3,006 | 914 |
Other expense, net | |||||||||
-5,437 | -2,190 | 1,973 | -514 | -893 | -994 | -837 | 30 | -572 | -185 |
Total other income (expense), net | |||||||||
-12,615 | -11,825 | -5,963 | -3,287 | -1,394 | -2,857 | -2,892 | -6,406 | -3,578 | -1,060 |
Income before income taxes | |||||||||
90,114 | -10,229 | -45,341 | -65,987 | -20,703 | -7,286 | -25,050 | -37,567 | -32,290 | -21,777 |
Income tax benefit (provision) | |||||||||
-71,034 | 1,398 | -149 | 1,475 | 1,379 | 766 | 863 | 651 | 0 | 0 |
Net Income (Loss) Attributable to Parent | |||||||||
161,148 | -11,627 | -45,192 | -67,462 | -22,082 | -8,052 | -25,913 | -38,218 | -32,290 | -21,777 |
Net income per share: | |||||||||
Basic and diluted (in shares) | |||||||||
- | - | - | 50,519 | 44,632 | 42,903 | 41,647 | 30,740 | 1,255 | 752 |
Basic (in USD per share) | |||||||||
1.38 | -0.12 | -0.54 | - | - | - | - | - | - | - |
Diluted (in USD per share) | |||||||||
1.23 | -0.12 | -0.54 | - | - | - | - | - | - | - |
Income (Loss) from Continuing Operations, Per Basic and Diluted Share | |||||||||
- | - | - | -1.34 | -0.49 | -0.19 | -0.62 | -1.24 | -25.73 | -28.96 |
Shares used in per share calculation: | |||||||||
Basic (in shares) | |||||||||
116,713 | 99,619 | 82,939 | - | - | - | - | - | - | - |
Diluted (in shares) | |||||||||
131,644 | 99,619 | 82,939 | - | - | - | - | - | - | - |