QUARTERLY FINANCIAL DATA (UNAUDITED) - Schedule of Quarterly Consolidated Statement Of Operations (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Feb. 01, 2018 |
Mar. 31, 2019 |
Dec. 31, 2018 |
Sep. 30, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 31, 2017 |
Sep. 30, 2017 |
Jun. 30, 2017 |
Sep. 30, 2018 |
Sep. 30, 2017 |
Jun. 30, 2017 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Mar. 31, 2019 |
Mar. 31, 2018 |
Mar. 31, 2017 |
|
Revenue | |||||||||||||||||
Revenue | $ 103,277 | $ 101,979 | $ 89,912 | $ 107,512 | $ 95,309 | $ 115,994 | $ 111,786 | $ 114,595 | $ 197,424 | $ 226,381 | $ 226,381 | $ 299,403 | $ 342,375 | $ 402,680 | $ 437,684 | $ 493,054 | |
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 60,611 | 58,897 | 54,385 | 61,173 | 59,642 | 73,034 | 66,467 | 65,757 | 115,558 | 132,224 | 132,224 | 174,455 | 205,258 | 235,066 | 264,900 | 287,782 | |
Gross profit | 42,666 | 43,082 | 35,527 | 46,339 | 35,667 | 42,960 | 45,319 | 48,838 | 81,866 | 94,157 | 94,157 | 124,948 | 137,117 | 167,614 | 172,784 | 205,272 | |
Operating expense | |||||||||||||||||
Research and development | 8,083 | 7,907 | 7,862 | 8,261 | 8,605 | 9,162 | 10,190 | 10,605 | 16,123 | 20,795 | 20,795 | 24,030 | 29,957 | 32,113 | 38,562 | 44,379 | |
Sales and marketing | 16,603 | 16,990 | 16,682 | 19,125 | 22,629 | 26,711 | 25,824 | 27,078 | 35,807 | 52,902 | 52,902 | 52,797 | 79,613 | 69,400 | 102,242 | 100,527 | |
General and administrative | 18,333 | 13,481 | 14,072 | 19,391 | 15,782 | 12,416 | 11,506 | 12,424 | 33,463 | 23,930 | 23,930 | 46,944 | 36,346 | 65,277 | 52,128 | 51,590 | |
Restructuring charges | 142 | 1,227 | 294 | 3,907 | 2,534 | 4,239 | 70 | 1,631 | 4,201 | 1,701 | 1,701 | 5,428 | 5,940 | ||||
Total operating expenses | 43,161 | 39,605 | 38,910 | 50,684 | 49,550 | 52,528 | 47,590 | 51,738 | 89,594 | 99,328 | 99,328 | 129,199 | 151,856 | 172,360 | 201,406 | 198,591 | |
TOTAL COSTS AND EXPENSES | 103,772 | 98,502 | 93,295 | 111,857 | 114,057 | 205,152 | 303,654 | ||||||||||
INCOME / (LOSS) FROM OPERATIONS | (495) | 3,477 | (3,383) | (4,345) | (13,883) | (9,568) | (2,271) | (2,900) | (7,728) | (5,171) | (5,171) | (4,251) | (14,739) | (4,746) | (28,622) | 6,681 | |
OTHER EXPENSES AND LOSSES, NET: | |||||||||||||||||
Interest expense | 6,286 | 6,238 | 4,636 | 3,935 | 3,485 | 2,968 | 2,638 | 2,579 | 8,571 | 5,217 | 5,217 | 14,809 | 8,185 | 21,095 | 11,670 | 7,993 | |
(Gain) loss on debt extinguishment | $ (800) | 0 | 5,033 | 12,425 | 0 | 6,895 | 0 | 39 | 0 | 12,425 | 39 | 39 | 17,458 | 39 | 17,458 | 6,934 | 41 |
Other expenses (income) | 992 | (3,846) | 196 | (220) | (382) | (210) | (77) | (98) | (24) | (175) | (175) | (3,870) | (385) | (2,878) | (767) | (601) | |
INCOME / NET (LOSS) BEFORE INCOME TAXES | (7,773) | (3,948) | (20,640) | (8,060) | (23,881) | (12,326) | (4,871) | (5,381) | (28,700) | (10,252) | (10,252) | (32,648) | (22,578) | (40,421) | (46,459) | (752) | |
Income tax expense (benefit) | 1,637 | 337 | 977 | (575) | 48 | (2,127) | 228 | (1,262) | 402 | (1,034) | (1,034) | 739 | (3,161) | 2,376 | (3,113) | 1,656 | |
Net loss | $ (9,410) | $ (4,285) | $ (21,617) | $ (7,485) | $ (23,929) | $ (10,199) | $ (5,099) | $ (4,119) | $ (29,103) | $ (9,218) | $ (9,218) | $ (33,387) | $ (19,417) | $ (42,797) | $ (43,346) | $ (2,408) | |
Net Loss Per Share | |||||||||||||||||
Basic | $ (0.15) | $ (0.12) | $ (0.27) | $ (1.20) | $ (1.25) | $ (0.07) | |||||||||||
Diluted | $ (0.26) | $ (0.12) | $ (0.61) | $ (0.21) | $ (0.68) | $ (0.29) | $ (0.15) | $ (0.12) | $ (0.82) | $ (0.27) | $ (0.27) | $ (0.94) | $ (0.56) | (1.20) | (1.25) | $ (0.07) | |
Weighted average common shares outstanding - basic | 34,580 | 34,093 | 34,338 | 33,742 | |||||||||||||
Weighted average common shares outstanding - diluted | 34,580 | 34,093 | 34,338 | 33,742 | |||||||||||||
Earnings Per Share, Basic and Diluted | $ (0.26) | $ (0.12) | $ (0.61) | $ (0.21) | $ (0.68) | $ (0.29) | $ (0.15) | $ (0.12) | $ (0.82) | $ (0.27) | $ (0.94) | $ (0.56) | $ (1.20) | $ (1.25) | $ (0.07) | ||
Weighted Average Number of Shares Outstanding, Basic and Diluted | 35,710 | 35,552 | 35,502 | 35,444 | 35,263 | 34,820 | 34,580 | 34,093 | 35,473 | 34,338 | 35,500 | 34,499 | 35,551 | 34,687 | 33,742 | ||
As Reported | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | $ 107,051 | $ 116,859 | $ 223,909 | $ 505,345 | |||||||||||||
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 63,278 | 66,039 | 129,317 | 291,921 | |||||||||||||
Gross profit | 43,773 | 50,820 | 94,592 | 213,424 | |||||||||||||
Operating expense | |||||||||||||||||
Research and development | 10,190 | 10,605 | 20,795 | 44,379 | |||||||||||||
Sales and marketing | 26,179 | 27,824 | 54,003 | 103,235 | |||||||||||||
General and administrative | 12,158 | 12,509 | 24,667 | 51,599 | |||||||||||||
Restructuring charges | 31 | 2,335 | 2,366 | ||||||||||||||
Total operating expenses | 48,558 | 53,273 | 101,831 | 201,276 | |||||||||||||
TOTAL COSTS AND EXPENSES | 111,836 | ||||||||||||||||
INCOME / (LOSS) FROM OPERATIONS | (4,785) | (2,453) | (7,239) | 12,148 | |||||||||||||
OTHER EXPENSES AND LOSSES, NET: | |||||||||||||||||
Interest expense | 2,617 | 2,558 | 5,175 | 7,912 | |||||||||||||
(Gain) loss on debt extinguishment | 39 | 39 | 41 | ||||||||||||||
Other expenses (income) | (77) | (98) | (175) | (562) | |||||||||||||
INCOME / NET (LOSS) BEFORE INCOME TAXES | (7,364) | (4,913) | (12,278) | 4,757 | |||||||||||||
Income tax expense (benefit) | 499 | (1,240) | (741) | 1,112 | |||||||||||||
Net loss | $ (7,863) | $ (3,673) | $ (11,537) | $ 3,645 | |||||||||||||
Net Loss Per Share | |||||||||||||||||
Basic | $ (0.23) | $ (0.11) | $ (0.34) | $ 0.11 | |||||||||||||
Diluted | $ (0.23) | $ (0.11) | $ (0.34) | $ 0.11 | |||||||||||||
Weighted average common shares outstanding - basic | 34,580 | 34,093 | 34,338 | 33,742 | |||||||||||||
Weighted average common shares outstanding - diluted | 34,580 | 34,093 | 34,338 | 34,113 | |||||||||||||
Restatement Adjustments | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | $ 4,735 | $ (2,264) | $ 2,472 | $ (12,291) | |||||||||||||
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 3,189 | (282) | 2,907 | (4,139) | |||||||||||||
Gross profit | 1,546 | (1,982) | (435) | (8,152) | |||||||||||||
Operating expense | |||||||||||||||||
Research and development | 0 | 0 | 0 | ||||||||||||||
Sales and marketing | (355) | (746) | (1,101) | (2,708) | |||||||||||||
General and administrative | (652) | (85) | (737) | (9) | |||||||||||||
Restructuring charges | 39 | (704) | (665) | ||||||||||||||
Total operating expenses | (968) | (1,535) | (2,503) | (2,685) | |||||||||||||
TOTAL COSTS AND EXPENSES | 2,221 | ||||||||||||||||
INCOME / (LOSS) FROM OPERATIONS | 2,514 | (447) | 2,068 | (5,467) | |||||||||||||
OTHER EXPENSES AND LOSSES, NET: | |||||||||||||||||
Interest expense | 21 | 21 | 42 | 81 | |||||||||||||
(Gain) loss on debt extinguishment | 0 | 0 | |||||||||||||||
Other expenses (income) | 0 | 0 | 0 | (39) | |||||||||||||
INCOME / NET (LOSS) BEFORE INCOME TAXES | 2,493 | (468) | 2,026 | (5,509) | |||||||||||||
Income tax expense (benefit) | (271) | (22) | (293) | 544 | |||||||||||||
Net loss | 2,764 | (444) | 2,319 | (6,053) | |||||||||||||
Product | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | $ 63,177 | $ 62,986 | $ 51,622 | $ 66,869 | $ 56,160 | $ 75,343 | 67,596 | 69,483 | $ 118,491 | 137,079 | $ 137,079 | $ 181,477 | $ 212,422 | $ 244,654 | $ 268,582 | 308,318 | |
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 47,270 | 45,819 | 41,319 | 45,438 | 45,710 | 58,119 | 51,602 | 50,680 | 86,757 | 102,282 | 102,282 | 132,576 | 160,401 | 179,846 | 206,111 | 226,660 | |
Product | As Reported | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | 63,606 | 71,618 | 135,224 | 322,212 | |||||||||||||
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 48,561 | 50,949 | 99,510 | 231,207 | |||||||||||||
Product | Restatement Adjustments | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | 3,990 | (2,135) | 1,855 | (13,894) | |||||||||||||
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 3,041 | (269) | 2,772 | (4,547) | |||||||||||||
Service | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | 33,683 | 34,097 | 33,352 | 33,564 | 31,621 | 34,875 | 34,910 | 35,117 | 66,916 | 70,027 | 70,027 | 101,013 | 104,902 | 134,696 | 136,523 | 145,938 | |
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 13,341 | 13,078 | 13,066 | 15,735 | 13,932 | 14,915 | 14,865 | 15,077 | 28,801 | 29,942 | 29,942 | 41,879 | 44,857 | 55,220 | 58,789 | 61,122 | |
Service | As Reported | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | 34,165 | 35,246 | 69,410 | 144,335 | |||||||||||||
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 14,717 | 15,090 | 29,807 | 60,714 | |||||||||||||
Service | Restatement Adjustments | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | 745 | (129) | 617 | 1,603 | |||||||||||||
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 148 | (13) | 135 | 408 | |||||||||||||
Royalty | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | $ 6,417 | $ 4,896 | $ 4,938 | $ 7,079 | $ 7,528 | $ 5,776 | 9,280 | 9,995 | $ 12,017 | 19,275 | $ 19,275 | $ 16,913 | $ 25,051 | $ 23,330 | $ 32,579 | 38,798 | |
COSTS AND EXPENSES: | |||||||||||||||||
Cost of Revenue | 66,467 | 65,757 | |||||||||||||||
Royalty | As Reported | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | 9,280 | 9,995 | 19,275 | $ 38,798 | |||||||||||||
Royalty | Restatement Adjustments | |||||||||||||||||
Revenue | |||||||||||||||||
Revenue | $ 0 | $ 0 | $ 0 |