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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
[1]
Mar. 31, 2019
Mar. 31, 2018
[1]
Revenue:        
Total Revenue $ 65,764 $ 54,548 $ 128,077 $ 99,503
Cost of sales:        
Amortization of intangibles 725 770 1,465 1,377
Total cost of sales 35,435 27,714 67,965 50,710
Gross profit 30,329 26,834 60,112 48,793
Operating expenses:        
Sales and marketing 11,534 11,175 23,191 20,935
Research and development 9,569 8,617 19,087 16,368
General and administrative 8,441 6,224 11,558 12,671
Restructuring reversal 0 0 (67) 0
Total operating expenses 29,544 26,016 53,769 49,974
Operating income (loss) 785 818 6,343 (1,181)
Other income (expense), net:        
Interest income 144 38 352 246
Interest expense (2) (4) (94) (7)
Other income (expense), net 257 (527) 305 (572)
Total other income (expense), net 399 (493) 563 (333)
Income (loss) before income taxes 1,184 325 6,906 (1,514)
Income tax (benefit) expense (158) 451 882 3,099
Net income (loss) $ 1,342 $ (126) $ 6,024 $ (4,613)
Basic net income (loss) per common share:        
Net income (loss), basic (USD per share) $ 0.05 $ 0.00 $ 0.22 $ (0.17)
Diluted net income (loss) per common share        
Net income (loss), diluted (USD per share) $ 0.05 $ 0.00 $ 0.21 $ (0.17)
Weighted average common shares:        
Basic (shares) 27,866 27,084 27,687 26,914
Diluted (shares) 28,438 27,084 28,289 26,914
Product        
Revenue:        
Revenue $ 52,097 $ 47,588 $ 102,909 $ 86,042
Cost of sales:        
Cost of sales excluding amortization 28,496 23,080 54,309 42,290
Services and Solutions        
Revenue:        
Revenue 13,667 6,960 25,168 13,461
Cost of sales:        
Cost of sales excluding amortization $ 6,214 $ 3,864 $ 12,191 $ 7,043
[1] Prior period information has been restated for the adoption of ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” which we adopted on October 1, 2018.