10 unchanged sentences
Performance Graph
−Removed: The following graph shows a comparison of the cumulative total stockholder return on our common stock with the cumulative total returns of the Russell 2000 Index and the Morningstar Communication Equipment Index.
+Added: The following graph shows a comparison of the cumulative total stockholder return on our common stock with the cumulative total returns of the NYSE Composite Index, Russell 2000 Index and the S&P 500 Communications Equipment Index.
+Added: The S&P 500 Communications Equipment Index replaces the Morningstar Communication Equipment Index in this analysis and going forward, as the latter data is no longer accessible.
+Added: The latter index has been included with data through 2019.
The graph tracks the performance of a $100 investment in our common stock and in each of the indexes during the last five fiscal years ended December 31, 2020.
−Removed: Data for the Russell 2000 Index and the Morningstar Communication Equipment Index assume reinvestment of dividends.
+Added: Data for the Russell 2000 Index and S&P 500 Communications Equipment assume reinvestment of dividends.
Stockholder returns over the indicated period are based on historical data and should not be considered indicative of future stockholder returns.
8 unchanged sentences
Years Ended December 31,
+Added: 2020 2019 2018 2017 2016
(In thousands, except per share data)
Statement of Operations Data:
+Added: Revenue $ 541,239 $ 424,330 $ 441,320 $ 510,367 $ 458,787
Cost of revenue (1)
+Added: 274,220 236,405 243,938 337,477 257,569
+Added: Gross profit 267,019 187,925 197,382 172,890 201,218
Operating expenses:
−Removed: Research and development (1)
Sales and marketing (1)
+Added: 94,185 82,553 86,432 82,781 83,675
+Added: Research and development (1)
+Added: 85,258 81,184 89,963 127,541 106,869
General and administrative (1)
−Removed: Loss on asset retirement
+Added: 44,444 37,115 40,500 39,875 41,592
Restructuring charges 6,286 — 5,705 4,249 —
+Added: Loss on asset retirement — 2,474 — — —
Gain on sale of product line — — (6,704) — —
2 unchanged sentences
Total operating expenses 230,173 203,326 215,896 254,446 229,337
−Removed: Loss from operations
+Added: Income (loss) from operations 36,846 (15,401) (18,514) (81,556) (28,119)
Interest and other income (expense), net (2,562) (1,131) (254) (233) 1,064
−Removed: Loss before provision for income taxes
+Added: Income (loss) before provision for income taxes 34,284 (16,532) (18,768) (81,789) (27,055)
Provision for income taxes 800 1,162 530 1,243 347
−Removed: Net loss per common share:
−Removed: Basic and diluted
−Removed: Weighted-average number of shares used to compute net loss per common share:
−Removed: Basic and diluted
+Added: Net income (loss) $ 33,484 $ (17,694) $ (19,298) $ (83,032) $ (27,402)
+Added: Net income (loss) per common share:
+Added: Basic $ 0.57 $ (0.32) $ (0.37) $ (1.66) $ (0.56)
+Added: Diluted $ 0.54 $ (0.32) $ (0.37) $ (1.66) $ (0.56)
+Added: Weighted-average number of shares used to compute net income (loss) per common share:
+Added: Basic 59,074 54,993 52,609 50,155 48,730
+Added: Diluted 61,998 54,993 52,609 50,155 48,730
(1) Includes stock-based compensation as follows:
Cost of revenue $ 1,025 $ 896 $ 1,248 $ 749 $ 672
−Removed: Research and development
Sales and marketing 4,736 3,415 5,787 3,433 4,586
+Added: Research and development 4,273 3,913 5,969 4,869 5,125
General and administrative 3,926 2,957 4,469 3,317 3,902
+Added: $ 13,960 $ 11,181 $ 17,473 $ 12,368 $ 14,285
+Added: 2020 2019 2018 2017 2016
(In thousands)
2 unchanged sentences
Working capital 165,850 28,324 31,079 34,123 97,926
+Added: Total assets 427,352 316,823 317,080 295,070 355,475
Common stock and additional paid-in capital 949,608 897,444 877,555 852,475 837,931
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.