Selected Quarterly Financial Information (unaudited) (Tables)

12 Months Ended

Sep. 30, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Consolidated Statements of Operations

EMCORE CORPORATION

Quarterly Consolidated Statements of Operations

For the Fiscal Year Ended September 30, 2013

(in thousands, except loss per share)

(unaudited)

	For the Three Months Ended
	December 31,			March 31,			June 30,			September 30,
	2012			2013			2013			2013
Revenue	$	49,306		$	42,277		$	33,473		$	43,091
Cost of revenue	38,358			34,444			29,429			37,718
Gross profit	10,948			7,833			4,044			5,373
Operating expenses (income):
Selling, general, and administrative	6,904			6,771			7,039			6,705
Research and development	5,390			4,112			4,674			5,796
Flood-related insurance proceeds	(4,192		)	(14,808		)	—			—
Gain on sale of assets	—			(413		)	—			—
Total operating expense (income)	8,102			(4,338		)	11,713			12,501
Operating income (loss)	2,846			12,171			(7,669		)	(7,128		)
Other income (expense):
Interest expense, net	(238		)	(186		)	(185		)	(191		)
Foreign exchange gain (loss)	101			(21		)	181			95
Gain on sale of equity method investment	—			—			—			4,800
Change in fair value of financial instruments	237			(267		)	373			172
Other income	—			—			17			—
Total other income (expense)	100			(474		)	386			4,876
Income (loss) before income tax expense	$	2,946		$	11,697		$	(7,283	)	$	(2,252	)
Income tax expense	(120		)	—			—			—
Net income (loss)	$	2,826		$	11,697		$	(7,283	)	$	(2,252	)
Per share data:
Net income (loss) per basic share	$	0.11		$	0.44		$	(0.27	)	$	(0.08	)
Net income (loss) per diluted share	$	0.11		$	0.44		$	(0.27	)	$	(0.08	)
Weighted-average number of basic shares outstanding	25,977			26,310			26,609			27,158
Weighted-average number of diluted shares outstanding	26,236			26,642			26,609			27,158

EMCORE CORPORATION

Quarterly Consolidated Statements of Operations

For the Fiscal Year Ended September 30, 2012

(in thousands, except loss per share)

(unaudited)

	For the Three Months Ended
	December 31,			March 31,			June 30,			September 30,
	2011			2012			2012			2012
Revenue	$	37,451		$	37,780		$	41,062		$	47,488
Cost of revenue	33,983			32,404			36,677			42,891
Gross profit	3,468			5,376			4,385			4,597
Operating expenses (income):
Selling, general, and administrative	7,480			8,365			8,758			10,258
Research and development	6,980			5,781			4,996			4,581
Impairment	—			—			1,425			—
Litigation settlements	—			—			1,050			—
Flood-related loss (recovery)	5,698			114			(293		)	—
Flood-related insurance proceeds	(5,000		)	—			—			(4,000		)
(Gain) loss on sale of assets	—			—			(2,793		)	51
Total operating expense	15,158			14,260			13,143			10,890
Operating loss	(11,690		)	(8,884		)	(8,758		)	(6,293		)
Other income (expense):
Interest expense, net	(129		)	(121		)	(146		)	(281		)
Foreign exchange gain (loss)	89			167			(196		)	(15		)
Loss from equity method investment	(960		)	(241		)	—			—
Change in fair value of financial instruments	105			(256		)	61			21
Other expense	—			—			—			—
Total other expense	(895		)	(451		)	(281		)	(275		)
Loss before income tax expense	$	(12,585	)	$	(9,335	)	$	(9,039	)	$	(6,568	)
Foreign income tax expense on capital distributions	(1,644		)	—			—			—
Net loss	$	(14,229	)	$	(9,335	)	$	(9,039	)	$	(6,568	)
Per share data:
Net loss per basic and diluted share	$	(0.61	)	$	(0.40	)	$	(0.38	)	$	(0.27	)
Weighted-average number of basic and diluted shares outstanding	23,476			23,529			23,686			23,892