Income Statement

v3.8.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue $ 43,084 $ 50,168 $ 117,029 $ 120,879
Cost of sales 29,207 34,302 78,830 82,615
Gross profit 13,877 15,866 38,199 38,264
Operating expenses:        
Selling, general and administrative 11,018 10,556 31,476 27,430
Research and development 1,068 719 2,656 1,938
Amortization and depreciation 1,534 1,627 4,794 4,502
Acquisition, severance and transition costs 1,233 126 2,774 3,127
Stock-based compensation 601 462 2,197 1,485
Total operating expenses 15,454 13,490 43,897 38,482
Operating income (loss) (1,577) 2,376 (5,698) (218)
Interest expense and other charges (943) (747) (2,504) (1,896)
Net income (loss) $ (2,520) $ 1,629 $ (8,202) $ (2,114)
Income (loss) per share, basic and diluted $ (0.12) $ 0.08 $ (0.39) $ (0.11)
Weighted average shares outstanding, basic 20,936 20,491 20,766 18,519
Weighted average shares outstanding, diluted 20,936 21,143 20,766 18,519

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