The following tables summarize the effects of adopting the accounting standard on our Statement of Operations and Comprehensive Earnings (Loss):



Year ended December 31, 2017	As previously reported		Effect of adoption of ASC 606			As adjusted

Revenue	$	692,077	$	(1,350	)	$	690,727
Cost of sales	457,130		(642		)	456,488
Sales and marketing	75,594		(459		)	75,135
Research and development	83,361		(708		)	82,653
Income tax expense	3,123		76			3,199
Basic net earnings per share (in dollars)	$	0.13	$	0.01		$	0.14
Diluted earnings per share - (in dollars)	0.13		0.01			0.14



Year ended December 31, 2016	As previously reported		Effect of adoption of ASC 606			As adjusted

Revenue	$	615,607	$	(592	)	$	615,015
Cost of sales	397,864		(140		)	397,724
Sales and marketing	64,242		(372		)	63,870
Research and development	73,077		(402		)	72,675
Income tax expense	4,310		61			4,371
Basic net earnings per share (in dollars)	$	0.48	$	0.01		$	0.49
Diluted earnings per share - (in dollars)	0.48		0.01			0.48

The following table summarizes the effects of adopting the accounting standard on our Balance Sheet:



As of December 31, 2017	As previously reported		Effect of adoption of ASC 606		As adjusted

Assets
Accounts receivable	$	168,503	$	4,551	$	173,054
Inventories	53,026		117		53,143
Prepaids and other	8,006		215		8,221
Other assets	12,058		655		12,713

Liabilities
Accounts payable and accrued liabilities	172,395		2,972		175,367
Deferred revenue	5,455		1,820		7,275
Deferred income tax liability	7,702		143		7,845

Equity
Retained earnings	16,899		603		17,502