XML 74 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Revenue:      
Product revenue $ 229,950us-gaap_SalesRevenueGoodsNet $ 183,280us-gaap_SalesRevenueGoodsNet $ 157,614us-gaap_SalesRevenueGoodsNet
Funded research and development 361us-gaap_RevenueFromGrants 363us-gaap_RevenueFromGrants 510us-gaap_RevenueFromGrants
Total Revenue 230,311us-gaap_Revenues 183,643us-gaap_Revenues 158,124us-gaap_Revenues
Costs and expenses:      
Cost of product revenue 39,945us-gaap_CostOfGoodsSold 37,322us-gaap_CostOfGoodsSold 31,596us-gaap_CostOfGoodsSold
Research and development 35,973us-gaap_ResearchAndDevelopmentExpense 30,707us-gaap_ResearchAndDevelopmentExpense 25,647us-gaap_ResearchAndDevelopmentExpense
Selling, general and administrative 125,727us-gaap_SellingGeneralAndAdministrativeExpense 107,251us-gaap_SellingGeneralAndAdministrativeExpense 84,227us-gaap_SellingGeneralAndAdministrativeExpense
Amortization of intangible assets     111us-gaap_AmortizationOfIntangibleAssets
Costs and Expenses, Total 201,645us-gaap_CostsAndExpenses 175,280us-gaap_CostsAndExpenses 141,581us-gaap_CostsAndExpenses
Income from operations 28,666us-gaap_OperatingIncomeLoss 8,363us-gaap_OperatingIncomeLoss 16,543us-gaap_OperatingIncomeLoss
Other income:      
Investment income (expense), net 196us-gaap_InvestmentIncomeNet 118us-gaap_InvestmentIncomeNet (7)us-gaap_InvestmentIncomeNet
Other (expense) income, net (97)us-gaap_OtherNonoperatingIncomeExpense 49us-gaap_OtherNonoperatingIncomeExpense 326us-gaap_OtherNonoperatingIncomeExpense
Other income (expense), net 99us-gaap_NonoperatingIncomeExpense 167us-gaap_NonoperatingIncomeExpense 319us-gaap_NonoperatingIncomeExpense
Income (loss) before income taxes 28,765us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 8,530us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 16,862us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax (benefit) provision (84,923)us-gaap_IncomeTaxExpenseBenefit [1] 1,179us-gaap_IncomeTaxExpenseBenefit 1,848us-gaap_IncomeTaxExpenseBenefit
Net income $ 113,688us-gaap_NetIncomeLoss $ 7,351us-gaap_NetIncomeLoss $ 15,014us-gaap_NetIncomeLoss
Basic net income per share $ 2.80us-gaap_EarningsPerShareBasic $ 0.19us-gaap_EarningsPerShareBasic $ 0.38us-gaap_EarningsPerShareBasic
Basic weighted average shares outstanding 40,632us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 39,334us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 39,113us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted net income per share $ 2.65us-gaap_EarningsPerShareDiluted $ 0.18us-gaap_EarningsPerShareDiluted $ 0.37us-gaap_EarningsPerShareDiluted
Diluted weighted average shares outstanding 42,858us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 41,606us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 41,052us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Net income for the quarter and year ended March 31, 2015 included an income tax benefit of $84.9 million, primarily due to the release of the valuation allowance on certain deferred tax assets in the quarter ended March 31, 2015.