Component: (Network and Table)
Network
00200 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
(http://axt.com/role/StatementConsolidatedStatementsOfOperationsUnaudited)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001051627 (http://www.sec.gov/CIK)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)Period [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
 
 
 
Revenue
81,349,000  
77,502,000  
83,499,000  
Cost of revenue
54,968,000  
60,673,000  
66,332,000  
Gross profit
26,381,000  
 
16,829,000  
 
17,167,000  
 
Operating expenses:
 
 
 
Selling, general and administrative
13,880,000  
16,064,000  
14,970,000  
Research and development
5,850,000  
5,664,000  
4,144,000  
Restructuring charge
226,000  
0  
907,000  
Total operating expenses
19,956,000  
 
21,728,000  
 
20,021,000  
 
Income (loss) from operations
6,425,000  
 
(4,899,000) 
 
(2,854,000) 
 
Interest income, net
409,000  
412,000  
483,000  
Equity in earnings (loss) of unconsolidated joint ventures
(1,995,000) 
462,000  
1,528,000  
Other income, net
860,000  
2,023,000  
361,000  
Income (loss) before provision for income taxes
5,699,000  
 
(2,002,000) 
 
(482,000) 
 
Provision for income taxes
733,000  
531,000  
215,000  
Net income (loss)
4,966,000  
 
(2,533,000) 
 
(697,000) 
 
Less: Net (income) loss attributable to noncontrolling interests
670,000  
305,000  
(691,000) 
Net income (loss) attributable to AXT, Inc.
5,636,000  
 
(2,228,000) 
 
(1,388,000) 
 
Net income (loss) attributable to AXT, Inc. per common share:
 
 
 
Basic (in dollars per share)
.17  
(.07) 
(.05) 
Diluted (in dollars per share)
.17  
(.07) 
(.05) 
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
 
 
 
Basic (in shares)
32,139,000  
32,183,000  
32,452,000  
Diluted (in shares)
32,894,000  
32,183,000  
32,452,000