Quarterly Financial Information

12 Months Ended

Mar. 31, 2012

Quarterly Financial Information [Abstract]

Quarterly Financial Information

14. Quarterly Financial Information (unaudited)

The following table sets forth unaudited consolidated statements of operations data for each of the Company's last eight quarters. This quarterly information is unaudited and has been prepared on the same basis as the annual consolidated financial statements. In the Company's opinion, this quarterly information reflects all adjustments necessary for a fair presentation of the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.

	Fiscal Year Ended March 31, 2012												Fiscal Year Ended March 31, 2011
	Q1			Q2			Q3			Q4(1)			Q1			Q2(2)		Q3			Q4(3)
	(In thousands, except per share data)
Net revenues	$	60,844		$	64,929		$	56,347		$	48,767		$	60,810		$	65,953	$	62,364		$	58,583
Cost of revenues		26,331			27,704			23,795			20,974			22,485			23,435		23,886			25,476
Gross profit		34,513			37,225			32,552			27,793			38,325			42,518		38,478			33,107
Total operating expenses		42,936			39,313			40,337			102,941			38,775			41,669		42,934			40,344
Operating income (loss)		(8,423	)		(2,088	)		(7,785	)		(75,148	)		(450	)		849		(4,456	)		(7,237	)
Interest and other income		1,356			1,517			914			7,897			2,081			3,102		2,325			3,179
Income (loss) from continuing operations before income taxes		(7,067	)		(571	)		(6,871	)		(67,251	)		1,631			3,951		(2,131	)		(4,058	)
Income tax expense (benefit)		(190	)		581			206			331			240			376		(170	)		(47	)
Income (loss)		(6,877	)		(1,152	)		(7,077	)		(67,582	)		1,391			3,575		(1,961	)		(4,011	)
Net income (loss)	$	(6,877	)	$	(1,152	)	$	(7,077	)	$	(67,582	)	$	1,391		$	3,575	$	(1,961	)	$	(4,011	)
Basic income(loss) per share	$	(0.01	)	$	(0.02	)	$	(0.12	)	$	(1.10	)	$	0.02		$	0.05	$	(0.03	)	$	(0.06	)
Shares used in calculating basic net income (loss) per share		63,878			62,526			60,990			61,587			66,005			65,752		64,647			64,236
Diluted income (loss) per share	$	(0.11	)	$	(0.02	)	$	(0.12	)	$	(1.10	)	$	0.02		$	0.05	$	(0.03	)	$	(0.06	)
Shares used in calculating diluted net income (loss) per share		63,878			62,526			60,990			61,587			68,735			68,021		64,647			64,236

(1) The consolidated operating results for the fourth quarter of fiscal 2012 included a charge of $60.4 million related to the Veloce initial consideration and a gain of $8.1 related to the sale of a strategic investment.

(2) The consolidated operating results for the second quarter of fiscal 2011 included $0.9 million in TPack acquisition related transaction costs.

(3) The consolidated operating results in the fourth quarter of fiscal 2011 included reversal of $1.5 million in bonus expense and $0.9 million in EBITA performance stock-based compensation expense.