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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales      
Net sales $ 115,944 $ 98,292 $ 86,512
Cost of net sales      
Cost of net sales 83,676 65,146 58,156
Gross profit 32,268 33,146 28,356
Operating expenses:      
Selling, general and administrative 15,156 16,777 18,146
Research and development 12,745 9,853 8,502
Total operating expenses 27,901 26,630 26,648
Operating income 4,367 6,516 1,708
Interest income 1,749 1,177 871
Interest expense (47) (48) (55)
Other income (expense), net (644) 2,976 2,748
Equity gain (loss) of associates (613) (687) 984
Investment impairment (370) (1,690) (5,336)
Income before income taxes 4,442 8,244 920
Income tax benefit (expense) 378 (1,263) (788)
Net income 4,820 6,981 132
Net loss attributable to non-controlling interests     158
Net income attributable to UTStarcom Holdings Corp. $ 4,820 $ 6,981 $ 290
Net income per share attributable to UTStarcom Holdings Corp.- Basic $ 0.14 $ 0.20 $ 0.01
Net income per share attributable to UTStarcom Holdings Corp.- Diluted $ 0.13 $ 0.19 $ 0.01
Weighted average shares outstanding-Basic 35,642 35,467 35,806
Weighted average shares outstanding-Diluted 36,319 36,176 36,402
Net Income $ 4,820 $ 6,981 $ 132
Other comprehensive income (loss), net of tax      
Net change in cumulative translation adjustment (839) 409 532
Comprehensive income 3,981 7,390 664
Comprehensive loss attributable to non-controlling interests     158
Comprehensive income attributable to UTStarcom Holding Corp. 3,981 7,390 822
Products      
Net sales      
Net sales 97,680 77,283 61,735
Cost of net sales      
Cost of net sales 72,082 50,636 41,472
Services      
Net sales      
Net sales 18,264 21,009 24,777
Cost of net sales      
Cost of net sales $ 11,594 $ 14,510 $ 16,684