XML 39 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Sales $ 68,551 $ 76,420 $ 169,899 $ 154,171
Cost of sales 40,648 40,859 94,904 78,065
Gross profit 27,903 35,561 74,995 76,106
Operating expenses:        
Selling, general and administrative 6,554 5,899 13,256 11,262
Research and development 5,097 3,768 9,472 7,133
Bad debt expense 296 338 644 607
Total operating expenses 11,947 10,005 23,372 19,002
Income from operations 15,956 25,556 51,623 57,104
Other income (expense):        
Interest expense (103) (48) (235) (130)
Interest income 25 230 56 459
Foreign exchange gains (losses) 101 (714) 80 (668)
Other, net (12)   (38) (19)
Total other income (expense), net 11 (532) (137) (358)
Income before income taxes 15,967 25,024 51,486 56,746
Income tax expense 5,151 8,155 16,494 17,864
Net income $ 10,816 $ 16,869 $ 34,992 $ 38,882
Basic earnings per share $ 0.83 $ 1.31 $ 2.68 $ 3.02
Diluted earnings per share $ 0.82 $ 1.30 $ 2.66 $ 3.01
Weighted average shares outstanding – Basic 12,950,416 12,882,396 12,948,788 12,854,858
Weighted average shares outstanding – Diluted 13,002,383 12,955,566 13,001,075 12,924,014