XML 56 R23.htm IDEA: XBRL DOCUMENT v3.19.1
Quarterly Results (Unaudited)
12 Months Ended
Mar. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
Quarterly Results (Unaudited)

Because quarterly reporting of per share data is used independently for each reporting period, the sum of per share amounts for the four quarters in the fiscal year will not necessarily equal annual per share amounts. GAAP prohibits retroactive adjustment of quarterly per share amounts so that the sum of those amounts equals amounts for the full year.

Occasionally, the timing of large one-time orders, such as those associated with significant remarketed product sales around large customer refresh cycles or significant volume rollouts, creates variability in our quarterly results.

 
Year ended March 31, 2019
 
First
Second
Third
Fourth
Year
(In thousands except per share data)
Quarter
Quarter
Quarter
Quarter
Net revenue
$
34,007

$
34,203

$
36,014

$
36,618

$
140,842

Gross profit
17,889

17,749

18,647

19,595

73,880

Restructuring, severance and other charges
440

448

58

222

1,168

Legal settlements
91

35


15

141

Net loss
$
(1,736
)
$
(3,791
)
$
(4,048
)
$
(3,589
)
$
(13,164
)
 
 
 
 
 
 
Net loss Per share data-basic and diluted
$
(0.08
)
$
(0.16
)
$
(0.18
)
$
(0.15
)
$
(0.57
)

 
Year ended March 31, 2018
 
First
Second
Third
Fourth
Year
(In thousands except per share data)
Quarter
Quarter
Quarter
Quarter
Net revenue
$
33,865

$
30,129

$
31,310

$
32,056

$
127,360

Gross profit
16,670

15,370

15,628

16,749

64,417

Restructuring, severance and other charges
37

826

378

557

1,798

Legal settlements


150


150

Net loss
$
(2,958
)
$
(3,248
)
$
(1,934
)
$
(210
)
$
(8,350
)
 
 
 
 
 
 
Net loss Per share data-basic and diluted
$
(0.13
)
$
(0.14
)
$
(0.08
)
$
(0.01
)
$
(0.37
)