XML 19 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Revenue:        
Total Revenue $ 77,301 $ 73,447 $ 150,447 $ 135,764
Cost of sales:        
Amortization of intangibles 1,111 1,246 2,225 2,047
Total cost of sales 36,844 34,806 68,971 66,659
Gross Profit 40,457 38,641 81,476 69,105
Operating expenses:        
Sales and marketing 15,437 14,556 30,361 26,617
Research and development 11,355 11,532 22,448 21,863
General and administrative 10,134 8,791 24,549 17,346
Restructuring charge 161 38 894 38
Total operating expenses 37,087 34,917 78,252 65,864
Operating income 3,370 3,724 3,224 3,241
Other expense, net:        
Interest income 1 50 1 281
Interest expense (246) (1,734) (648) (2,166)
Other expense, net 77 89 (115) (147)
Total other expense, net (168) (1,595) (762) (2,032)
Income before income taxes 3,202 2,129 2,462 1,209
Income tax expense (benefit) 274 125 (159) (1,003)
Net income $ 2,928 $ 2,004 $ 2,621 $ 2,212
Basic net income per common share:        
Net income, basic (USD per share) $ 0.09 $ 0.07 $ 0.09 $ 0.08
Diluted net income per common share        
Net income, diluted (USD per share) $ 0.09 $ 0.07 $ 0.08 $ 0.07
Weighted average common shares:        
Basic (shares) 30,900 28,881 30,129 28,673
Diluted (shares) 32,223 29,486 31,436 29,585
Product        
Revenue:        
Revenue $ 66,924 $ 65,641 $ 129,528 $ 119,888
Cost of sales:        
Cost of sales excluding amortization 32,495 29,687 60,271 58,178
Service        
Revenue:        
Revenue 10,377 7,806 20,919 15,876
Cost of sales:        
Cost of sales excluding amortization $ 3,238 $ 3,873 $ 6,475 $ 6,434