XML 19 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Revenue $ 205,399 $ 168,610 $ 557,014 $ 448,110
Cost of revenue (1) [1] 103,016 87,550 277,397 235,437
Gross margin 102,383 81,060 279,617 212,673
Operating expenses:        
Research and development (1) [1] 28,843 19,672 80,518 57,944
Selling and marketing (1) [1] 28,646 17,925 91,344 66,972
General and administrative (1) [1] 21,002 16,012 58,137 48,919
Total operating expenses 78,491 53,609 229,999 173,835
Operating income 23,892 27,451 49,618 38,838
Other income, net 2,601 523 4,290 2,142
Income before income taxes 26,493 27,974 53,908 40,980
Income tax expense 4,411 8,462 7,565 12,722
Net income $ 22,082 $ 19,512 $ 46,343 $ 28,258
Net income per share:        
Basic $ 0.80 $ 0.72 $ 1.68 $ 1.01
Diluted $ 0.76 $ 0.70 $ 1.61 $ 0.99
Number of weighted average common shares used in calculations per share        
Basic 27,739 27,237 27,520 27,878
Diluted 28,916 27,778 28,719 28,423
Stock-based compensation     $ 14,069 $ 11,781
Cost of revenue        
Number of weighted average common shares used in calculations per share        
Stock-based compensation $ 274 $ 184 751 555
Research and development        
Number of weighted average common shares used in calculations per share        
Stock-based compensation 1,261 1,028 3,508 2,598
Selling and marketing        
Number of weighted average common shares used in calculations per share        
Stock-based compensation 728 444 1,869 1,316
General and administrative        
Number of weighted average common shares used in calculations per share        
Stock-based compensation $ 2,771 $ 2,247 $ 7,941 $ 7,312
[1] Total stock-based compensation recorded in the three and nine months ended September 30, 2017 and October 1, 2016 included in the above figures breaks down by expense classification as follows: Three Months Ended Nine Months Ended September 30, 2017 October 1, 2016 September 30, 2017 October 1, 2016Cost of revenue$274 $184 $751 $555Research and development1,261 1,028 3,508 2,598Selling and marketing728 444 1,869 1,316General and administrative2,771 2,247 7,941 7,312