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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)    
Revenue $ 20,616 $ 18,713
Cost of revenue 14,328 13,460
Gross profit 6,288 5,253
Operating expenses:    
Selling, general and administrative 3,793 3,374
Research and development 1,124 1,381
Total operating expenses 4,917 4,755
Income from operations 1,371 498
Interest income, net 98 98
Equity in loss of unconsolidated joint ventures (933) (456)
Other income, net 48 190
Income before provision for income taxes 584 330
Provision for income taxes 159 397
Net income (loss) 425 (67)
Less: Net loss attributable to noncontrolling interests 240 109
Net income attributable to AXT, Inc. $ 665 $ 42
Net income (loss) attributable to AXT, Inc. per common share:    
Basic (in dollars per share) $ 0.02 $ 0.00
Diluted (in dollars per share) $ 0.02 $ 0.00
Denominator:    
Basic (in shares) 34,210 32,002
Diluted (in shares) 35,624 32,002