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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Revenue:      
Product revenue $ 329,520 $ 229,950 $ 183,280
Funded research and development 23 361 363
Total Revenue 329,543 230,311 183,643
Costs and expenses:      
Cost of product revenue 50,419 39,945 37,322
Research and development 49,759 35,973 30,707
Selling, general and administrative 164,261 125,727 107,251
Costs and Expenses, Total 264,439 201,645 175,280
Income from operations 65,104 28,666 8,363
Other income:      
Investment income, net 395 196 118
Other income (expense), net 339 (97) 49
Nonoperating Income (Expense), Total 734 99 167
Income before income taxes 65,838 28,765 8,530
Income tax provision (benefit) 27,691 (84,923) [1] 1,179
Net income $ 38,147 $ 113,688 $ 7,351
Basic net income per share $ 0.90 $ 2.80 $ 0.19
Basic weighted average shares outstanding 42,204 40,632 39,334
Diluted net income per share $ 0.85 $ 2.65 $ 0.18
Diluted weighted average shares outstanding 44,895 42,858 41,606
[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.