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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net sales      
Products $ 87,361 $ 105,988 $ 141,138
Services 29,742 23,432 23,301
Total net sales 117,103 129,420 164,439
Cost of net sales      
Products 65,891 84,988 99,888
Services 23,344 22,304 24,331
Total cost of net sales 89,235 107,292 124,219
Gross profit 27,868 22,128 40,220
Operating expenses:      
Selling, general and administrative 21,515 24,515 37,626
Research and development $ 11,342 $ 11,686 14,520
Net loss on divestitures 1,307
Total operating expenses $ 32,857 $ 36,201 53,453
Operating loss (4,989) (14,073) (13,233)
Interest income 557 589 511
Interest expense (76) (88) (151)
Other income (expense), net 3,489 (2,249) 11,480
Equity losses of associates (13,954) (8,878) (9,586)
Investment impairment (9,846) (3,947) (9,400)
Loss before income taxes (24,819) (28,646) (20,379)
Income tax benefit (expense) 4,162 (1,618) (2,351)
Net loss $ (20,657) $ (30,264) (22,730)
Net loss attributable to non-controlling interests 9
Net loss attributable to UTStarcom Holdings Corp. $ (20,657) $ (30,264) $ (22,721)
Net loss per share attributable to UTStarcom Holdings Corp.-Basic $ (0.56) $ (0.81) $ (0.58)
Net loss per share attributable to UTStarcom Holdings Corp.-Diluted $ (0.56) $ (0.81) $ (0.58)
Weighted average shares outstanding-Basic 37,003 37,380 39,127
Weighted average shares outstanding-Diluted 37,003 37,380 39,127
Net loss $ (20,657) $ (30,264) $ (22,730)
Other comprehensive loss, net of tax      
Net change in cumulative translation adjustment (1,611) (2,781) $ (13,759)
Unrealized gain (loss) from available-for-sale investments (673) 673
Comprehensive loss $ (22,941) $ (32,372) $ (36,489)
Comprehensive loss attributable to non-controlling interests [1] 9
Comprehensive loss attributable to UTStarcom Holding Corp. $ (22,941) $ (32,372) $ (36,480)
[1] Comprehensive loss attributable to non-controlling interests consisted solely of net loss.