XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
NET REVENUES $ 63,511 $ 84,797 $ 241,692 $ 189,514
COST OF SALES 26,400 28,814 85,261 71,334
GROSS PROFIT 37,111 55,983 156,431 118,180
OPERATING EXPENSES        
Research and development 6,083 6,668 17,799 16,746
Selling and marketing 6,209 6,282 19,770 19,539
General and administrative 11,964 12,624 36,827 32,236
Acquisition-related costs 300 1,641 300 3,428
Change in fair value of acquisition consideration (3,563) (6,124) (5,505) (7,428)
Restructuring costs 0 93 0 620
Selected legal costs 438 134 2,695 1,189
Total operating expenses 21,431 21,318 71,886 66,330
OPERATING INCOME 15,680 34,665 84,545 51,850
OTHER INCOME (EXPENSE)        
Interest income 0 3 15 137
Interest expense (444) (703) (1,450) (2,002)
RADx grant income 0 0 1,000 0
Other, net 59 908 (1,515) 1,561
Total other income (expense) (385) 208 (1,950) (304)
EARNINGS BEFORE INCOME TAXES 15,295 34,873 82,595 51,546
INCOME TAX PROVISION 3,626 7,366 17,845 11,853
NET EARNINGS $ 11,669 $ 27,507 $ 64,750 $ 39,693
Earnings Per Share Data:        
BASIC EARNINGS PER COMMON SHARE $ 0.27 $ 0.64 $ 1.50 $ 0.93
DILUTED EARNINGS PER COMMON SHARE $ 0.26 $ 0.64 $ 1.47 $ 0.92
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC 43,334 42,837 43,226 42,819
EFFECT OF DILUTIVE STOCK OPTIONS AND RESTRICTED SHARE UNITS 763 436 780 219
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED 44,097 43,273 44,006 43,038
ANTI-DILUTIVE SECURITIES:        
Common share options and restricted share units 190 854 180 1,298