Quarterly Results of Operation (Tables)

12 Months Ended

Mar. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Summary of Unaudited Quarterly Results of Operations

The following is a summary of the Company’s unaudited quarterly results of operations for the fiscal years ending March 31, 2016 and 2015:

	Fiscal Year Ended March 31, 2016
	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total Year
	(in $000's)
Total revenues	$	73,432	$	76,359	$	85,795	$	93,957	$	329,543
Cost of product revenue		10,868		12,144		12,744		14,663		50,419
Other operating expenses		47,533		51,398		55,608		59,481		214,020
Other income, net		116		149		55		414		734
Income before income taxes		15,147		12,966		17,498		20,227		65,838
Income tax provision		6,288		5,231		6,943		9,229		27,691
Net income	$	8,859	$	7,735	$	10,555	$	10,998	$	38,147
Basic net income per share	$	0.21	$	0.18	$	0.25	$	0.26	$	0.90
Diluted net income per share	$	0.20	$	0.17	$	0.23	$	0.24	$	0.85

	Fiscal Year Ended March 31, 2015
	1st Quarter			2nd Quarter			3rd Quarter		4th Quarter			Total Year
	(in $000's)
Total revenues	$	48,811		$	51,938		$	62,005	$	67,557		$	230,311
Cost of product revenue		9,689			9,612			9,838		10,806			39,945
Other operating expenses		40,660			38,148			38,504		44,388			161,700
Other income (expense), net		55			(3	)		38		9			99
Income (loss) before income taxes		(1,483	)		4,175			13,701		12,372			28,765
Income tax (benefit) provision (1)		226			336			1,017		(86,502	)		(84,923	)
Net income (loss)	$	(1,709	)	$	3,839		$	12,684	$	98,874		$	113,688
Basic net income (loss) per share	$	(0.04	)	$	0.09		$	0.31	$	2.40		$	2.80
Diluted net income (loss) per share	$	(0.04	)	$	0.09		$	0.30	$	2.24		$	2.65

(1) Income tax benefit for the quarter and year ended March 31, 2015 were impacted by the release of the $101.5 million valuation allowance on certain deferred tax assets.