XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net revenues $ 182,853 $ 194,721 $ 370,454 $ 396,965
Cost of revenues 47,412 45,684 96,562 100,769
Gross profit 135,441 149,037 273,892 296,196
Operating expenses:        
Research and development 52,872 52,480 99,779 104,895
Sales and marketing 30,956 35,279 67,973 77,777
General and administrative 70,309 53,935 129,282 100,805
Total operating expenses 154,137 141,694 297,034 283,477
(Loss) income from operations (18,696) 7,343 (23,142) 12,719
Interest expense, net and other income, net:        
Interest expense, net (1,114) (1,616) (2,382) (3,213)
Other income, net 64,103 1,809 76,179 7,989
Total interest expense, net and other income, net 62,989 193 73,797 4,776
Income before provision for income taxes 44,293 7,536 50,655 17,495
Provision for income taxes (19,681) (60) (23,857) (4,277)
Net income $ 24,612 $ 7,476 $ 26,798 $ 13,218
Net income (loss) per share        
Basic (in dollars per share) $ 0.21 $ 0.06 $ 0.22 $ 0.10
Diluted (in dollars per share) $ (0.11) $ 0.06 $ (0.08) $ 0.10
Weighted average shares used to compute net income (loss) per share        
Basic (in shares) 117,977 126,272 120,828 129,201
Diluted (in shares) 132,944 149,574 137,416 129,934