Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Mar. 31, 2015

Consolidated Quarterly Financial Data

Quarterly Financial Data (Unaudited)

In thousands, except per share data amounts:

		QUARTER ENDED
		March 31,		Dec. 31,		Sept. 30,		June 30,		March 31,		Dec. 31,		Sept. 30,		June 30,
		2015		2014		2014		2014		2014		2013		2013		2013
Service revenue	$	40,009	$	37,802	$	36,121	$	34,276	$	32,545	$	29,737	$	27,826	$	26,499
Product revenue		3,521		3,570		3,477		3,637		3,241		3,008		2,989		2,752
Total revenue		43,530		41,372		39,598		37,913		35,786		32,745		30,815		29,251
Operating expenses:
Cost of service revenue		7,655		7,544		7,505		6,997		6,866		5,584		5,209		4,786
Cost of product revenue		4,173		3,959		3,762		3,969		3,999		4,041		3,783		3,347
Research and development		4,348		3,868		3,496		3,406		3,332		3,325		2,640		2,336
Sales and marketing		21,508		20,559		19,440		19,160		18,038		16,051		13,745		13,072
General and administrative		5,794		4,617		3,893		3,878		3,924		5,547		3,125		2,772
Gain on patent sale		-		-		(1,000)		-		-		-		-		-
Total operating expenses		43,478		40,547		37,096		37,410		36,159		34,548		28,502		26,313
Income (loss) from operations		52		825		2,502		503		(373)		(1,803)		2,313		2,938
Other income net		210		246		200		177		140		586		1		15
Income (loss) from continuing
operations before provision
(benefit) for income taxes		262		1,071		2,702		680		(233)		(1,217)		2,314		2,953
Provision (benefit) for
income taxes (1)		79		627		1,411		672		1,738		(1,306)		826		961
Income (loss) from continuing
operations		183		444		1,291		8		(1,971)		89		1,488		1,992
Income from discontinued
operations, net of income
tax provision		-		-		-		-		19		-		154		147
Gain on disposal of discontinued
operations, net of income tax
provision of $456		-		-		-		-		7		-		589		-
Net income (loss)	$	183	$	444	$	1,291	$	8	$	(1,945)	$	89	$	2,231	$	2,139
Income (loss) per share
continuing operations:
Basic	$	0.00	$	0.01	$	0.01	$	0.00	$	(0.02)	$	0.00	$	0.02	$	0.03
Diluted	$	0.00	$	0.01	$	0.01	$	0.00	$	(0.02)	$	0.00	$	0.02	$	0.03
Income per share
discontinued operations:
Basic	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.01	$	0.00
Diluted	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.01	$	0.00
Net income (loss) per share:
Basic	$	0.00	$	0.01	$	0.01	$	0.00	$	(0.02)	$	0.00	$	0.03	$	0.03
Diluted	$	0.00	$	0.01	$	0.01	$	0.00	$	(0.02)	$	0.00	$	0.03	$	0.03
Shares used in per share calculations:
Basic		88,950		89,594		89,073		88,592		88,184		79,742		72,970		72,510
Diluted		91,266		91,974		91,615		91,445		88,184		83,182		76,232		75,756

(1) Comparability affected by the decrease in fiscal 2015 and increase in fiscal 2014 in the valuation allowance related to the deferred tax asset which resulted in a decrease in fiscal 2015 and an increase in the provision for income taxes of $1.5 million and $1.3 million in the fourth quarter of fiscal 2015 and 2014, respectively.