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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Sales        
Total Sales $ 114,092 $ 140,335 $ 414,274 $ 389,189
Cost of Sales        
Total Cost of Sales 67,761 81,887 242,316 241,012
Gross Profit 46,331 58,448 171,958 148,177
Selling, general and administrative expenses 30,912 30,750 99,663 96,361
Research and development expenses 31,835 29,877 95,546 93,455
Asset impairments 3,872   3,872  
Gain on contingency     (1,230)  
Operating Loss (20,288) (2,179) (25,893) (41,639)
Interest and dividend income 610 825 1,893 2,604
Interest expense (128) (134) (382) (398)
Net investment gain (loss) (216) 4,507 8,195 5,400
Other income (expense), net 1,616 201 2,266 (73)
Gain on bargain purchase of a business, net       11,322
Income (Loss) Before Income Taxes (18,406) 3,220 (13,921) (22,784)
Income tax (expense) benefit (27,717) 4,369 (27,437) 11,889
Net Income (Loss) $ (46,123) $ 7,589 $ (41,358) $ (10,895)
Weighted average shares outstanding – basic 47,824 47,710 47,803 47,927
Weighted average shares outstanding – diluted 47,824 47,834 47,803 47,927
Earnings (loss) per common share – basic $ (0.96) $ 0.16 $ (0.87) $ (0.23)
Earnings (loss) per common share – diluted $ (0.96) $ 0.16 $ (0.87) $ (0.23)
Network Solutions [Member]        
Sales        
Total Sales $ 94,018 $ 121,043 $ 359,007 $ 341,359
Cost of Sales        
Total Cost of Sales 56,444 69,943 207,353 208,184
Gross Profit 37,574 51,100 151,654 133,175
Services & Support [Member]        
Sales        
Total Sales 20,074 19,292 55,267 47,830
Cost of Sales        
Total Cost of Sales 11,317 11,944 34,963 32,828
Gross Profit $ 8,757 $ 7,348 $ 20,304 $ 15,002