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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
REVENUES:        
Net sales $ 17,998 $ 10,900 $ 32,010 $ 21,780
Royalty income 4,990 6,455 11,000 12,540
Total revenues 22,988 17,355 43,010 34,320
OPERATING COSTS AND EXPENSES:        
Cost of products sold 7,837 6,340 16,063 10,560
Research and development 5,654 3,970 10,772 8,247
Selling, general and administrative 2,713 2,065 5,517 4,364
Total operating costs and expenses 16,204 12,375 32,352 23,171
INCOME FROM OPERATIONS 6,784 4,980 10,658 11,149
OTHER INCOME (EXPENSE):        
Interest income 65 127 119 282
Interest expense (480) (508) (970) (1,023)
Other income   89 1 93
Total other expense, net (415) (292) (850) (648)
INCOME BEFORE INCOME TAX 6,369 4,688 9,808 10,501
Income tax expense (2,072) (1,354) (3,248) (3,323)
NET INCOME $ 4,297 $ 3,334 $ 6,560 $ 7,178
BASIC EARNINGS PER SHARE $ 0.50 $ 0.39 $ 0.76 $ 0.82
DILUTED EARNINGS PER SHARE $ 0.49 $ 0.38 $ 0.75 $ 0.79
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 8,652,648 8,511,339 8,638,779 8,774,481
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 8,749,797 8,816,750 8,741,719 9,035,543