Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

v3.19.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue    
Sales revenue $ 84,818 $ 73,584
Rental revenue 5,384 5,467
Total revenue 90,202 79,051
Cost of revenue    
Cost of sales revenue 42,067 36,948
Cost of rental revenue, including depreciation of $1,705 and $2,165, respectively 3,726 4,376
Total cost of revenue 45,793 41,324
Gross profit    
Gross profit-sales revenue 42,751 36,636
Gross profit-rental revenue 1,658 1,091
Total gross profit 44,409 37,727
Operating expense    
Research and development 1,669 1,416
Sales and marketing 28,201 18,038
General and administrative 9,681 9,573
Total operating expense 39,551 29,027
Income from operations 4,858 8,700
Other income (expense)    
Interest income 1,334 543
Other income (expense) (120) 444
Total other income, net 1,214 987
Income before provision (benefit) for income taxes 6,072 9,687
Provision (benefit) for income taxes 770 (1,071)
Net income 5,302 10,758
Other comprehensive income (loss), net of tax    
Change in foreign currency translation adjustment (137) 108
Change in net unrealized gains (losses) on foreign currency hedging 84 (249)
Less: reclassification adjustment for net (gains) losses included in net income 176 172
Total net change in unrealized gains (losses) on foreign currency hedging 260 (77)
Change in net unrealized gains (losses) on marketable securities 13 (19)
Total other comprehensive income, net of tax 136 12
Comprehensive income $ 5,438 $ 10,770
Basic net income per share attributable to common stockholders (Note 6) $ 0.24 $ 0.51
Diluted net income per share attributable to common stockholders (Note 6) $ 0.24 $ 0.48
Weighted-average number of shares used in calculating net income per share attributable to common stockholders:    
Basic common shares 21,750,305 21,026,154
Diluted common shares 22,534,885 22,295,213