XML 39 R20.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) | 12 Months Ended
--- | ---
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) | QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) Selected summarized quarterly financial information for the years ended December 31, 2019 and 2018 is as follows (in thousands, except per share amounts):
| Q1 2019 |  | Q2 2019 |  | Q3 2019 |  | Q4 2019 |  | 2019 (1)
Revenues | $ | 5,122 |  |  | $ | 8,743 |  |  | $ | 10,624 |  |  | $ | 11,464 |  |  | $ | 35,953 |
Gross profit | $ | 5,107 |  |  | $ | 8,703 |  |  | $ | 10,562 |  |  | $ | 11,411 |  |  | $ | 35,783 |
Operating income (loss) | $ | (11,499 | ) |  | $ | (9,155 | ) |  | $ | (1,275 | ) |  | $ | 478 |  |  | $ | (21,451 | )
Income (loss) before provision for taxes | $ | (10,901 | ) |  | $ | (8,623 | ) |  | $ | (1,299 | ) |  | $ | 1,250 |  |  | $ | (19,573 | )
Benefit (provision) for income taxes | $ | (115 | ) |  | $ | 3 |  |  | $ | (88 | ) |  | $ | (271 | ) |  | $ | (471 | )
Net income (loss) | $ | (11,016 | ) |  | $ | (8,620 | ) |  | $ | (1,387 | ) |  | $ | 979 |  |  | $ | (20,044 | )
Basic net income (loss) per share | $ | (0.35 | ) |  | $ | (0.27 | ) |  | $ | (0.04 | ) |  | $ | 0.03 |  |  | $ | (0.64 | )
Shares used in calculating basic net income (loss) per share | 31,089 |  |  | 31,578 |  |  | 31,711 |  |  | 31,731 |  |  | 31,529 |
Diluted net income (loss) per share | $ | (0.35 | ) |  | $ | (0.27 | ) |  | $ | (0.04 | ) |  | $ | 0.03 |  |  | $ | (0.64 | )
Shares used in calculating diluted net income (loss) per share | 31,089 |  |  | 31,578 |  |  | 31,711 |  |  | 31,904 |  |  | 31,529 |
(1) Quarterly income (loss) per share amounts were calculated separately for each period, therefore the sum of the quarterly amounts may differ from the total income (loss) per share amount for the year.
| Q1 2018 |  | Q2 2018 |  | Q3 2018 |  | Q4 2018 |  | 2018 (1)
Revenues | $ | 85,416 |  |  | $ | 6,144 |  |  | $ | 8,552 |  |  | $ | 10,867 |  |  | $ | 110,979 |
Gross profit | $ | 85,381 |  |  | $ | 6,050 |  |  | $ | 8,491 |  |  | $ | 10,839 |  |  | $ | 110,761 |
Operating income (loss) | $ | 70,105 |  |  | $ | (8,295 | ) |  | $ | (5,163 | ) |  | $ | (3,546 | ) |  | $ | 53,101 |
Income (loss) before provision for taxes | $ | 70,336 |  |  | $ | (7,920 | ) |  | $ | (4,618 | ) |  | $ | (3,063 | ) |  | $ | 54,735 |
Benefit (provision) for income taxes | $ | (453 | ) |  | $ | 162 |  |  | $ | (22 | ) |  | $ | (79 | ) |  | $ | (392 | )
Net income (loss) | $ | 69,883 |  |  | $ | (7,758 | ) |  | $ | (4,640 | ) |  | $ | (3,142 | ) |  | $ | 54,343 |
Basic net income (loss) per share | $ | 2.35 |  |  | $ | (0.25 | ) |  | $ | (0.15 | ) |  | $ | (0.10 | ) |  | $ | 1.78 |
Shares used in calculating basic net income (loss) per share | 29,700 |  |  | 30,527 |  |  | 30,780 |  |  | 30,814 |  |  | 30,459 |
Diluted net income (loss) per share | $ | 2.29 |  |  | $ | (0.25 | ) |  | $ | (0.15 | ) |  | $ | (0.10 | ) |  | $ | 1.73 |
Shares used in calculating diluted net income (loss) per share | 30,566 |  |  | 30,527 |  |  | 30,780 |  |  | 30,814 |  |  | 31,407 |
(1) Quarterly income (loss) per share amounts were calculated separately for each period, therefore the sum of the quarterly amounts may differ from the total income (loss) per share amount for the year.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration