Item 6. Selected Financial Data

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Item 6. Selected Financial Data

The following selected consolidated financial data set forth below was derived from our historical audited consolidated financial statements and should be read in conjunction with the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Financial Statements and Supplementary Data,” and other financial data included elsewhere in this Annual Report on Form 10-K. Our historical results of operations are not indicative of our future results of operations.



	Year Ended December 31,
	2017		2016		2015		2014		2013
	(in thousands, except per share amounts)
Consolidated Statement of Operations Data:
Total revenue	$	1,494,930	$	1,275,443	$	1,009,268	$	770,364	$	615,297
Gross profit	$	1,109,646	$	937,606	$	722,491	$	539,355	$	434,654
Operating income	$	109,804	$	42,944	$	14,877	$	59,324	$	72,090
Net income	$	31,399	$	32,187	$	7,987	$	25,343	$	44,273
Net income per share :
Basic	$	0.18	$	0.19	$	0.05	$	0.15	$	0.27
Diluted	$	0.18	$	0.18	$	0.05	$	0.15	$	0.26
Weighted-average shares outstanding:
Basic	174,315		172,621		170,385		163,831		162,435
Diluted	178,079		176,338		176,141		169,289		168,183



	As of December 31,
2017			2016			2015			2014			2013
(in thousands)
Consolidated Balance Sheet Data:
Cash, cash equivalents and investments	$	1,349,299		$	1,310,508		$	1,164,310		$	991,744		$	843,045
Total assets	$	2,257,916		$	2,139,941		$	1,790,510		$	1,424,774		$	1,168,464
Total stockholders’ equity	$	589,377		$	837,681		$	755,377		$	675,966		$	585,760

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