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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jun. 27, 2015
Jul. 02, 2016
Jun. 27, 2015
Revenue $ 148,696 $ 148,788 $ 279,500 $ 266,749
Cost of revenue (1) [1] 79,044 78,755 147,887 143,008
Gross margin 69,652 70,033 131,613 123,741
Operating expenses:        
Research and development (1) [1] 18,544 18,732 38,272 37,764
Selling and marketing (1) [1] 29,107 27,329 49,047 41,517
General and administrative (1) [1] 16,143 12,905 32,907 25,494
Total operating expenses 63,794 58,966 120,226 104,775
Operating income 5,858 11,067 11,387 18,966
Other income (expense), net 1,419 (61) 1,619 (855)
Income before income taxes 7,277 11,006 13,006 18,111
Income tax expense 2,463 3,754 4,260 6,105
Net income $ 4,814 $ 7,252 $ 8,746 $ 12,006
Net income per share        
Basic $ 0.18 $ 0.24 $ 0.31 $ 0.40
Diluted $ 0.17 $ 0.24 $ 0.30 $ 0.40
Number of weighted average common shares used in calculations per share        
Basic 27,360 29,785 28,198 29,719
Diluted 27,836 30,268 28,717 30,283
Stock-based compensation     $ 7,878 $ 6,562
Cost of revenue        
Number of weighted average common shares used in calculations per share        
Stock-based compensation $ 150 $ 177 371 392
Research and development        
Number of weighted average common shares used in calculations per share        
Stock-based compensation 741 942 1,570 1,774
Selling and marketing        
Number of weighted average common shares used in calculations per share        
Stock-based compensation 387 306 872 615
General and administrative        
Number of weighted average common shares used in calculations per share        
Stock-based compensation $ 2,708 $ 2,030 $ 5,065 $ 3,781
[1] Total stock-based compensation recorded in the three and six months ended July 2, 2016 and June 27, 2015 included in the above figures breaks down by expense classification as follows: Three Months Ended Six Months Ended July 2, 2016 June 27, 2015 July 2, 2016 June 27, 2015Cost of revenue$150 $177 $371 392Research and development741 942 1,570 1,774Selling and marketing387 306 872 615General and administrative2,708 2,030 5,065 3,781