XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Revenue:        
Total Revenue $ 94,713 $ 77,301 $ 178,970 $ 150,447
Cost of sales:        
Amortization of intangibles 1,303 1,111 2,692 2,225
Total cost of sales 42,729 36,844 79,105 68,971
Gross Profit 51,984 40,457 99,865 81,476
Operating expenses:        
Sales and marketing 17,776 15,437 33,095 30,361
Research and development 13,819 11,355 27,231 22,448
General and administrative 12,825 10,134 28,067 24,549
Restructuring charge 0 161 109 894
Total operating expenses 44,420 37,087 88,502 78,252
Operating income (loss) 7,564 3,370 11,363 3,224
Other expense, net:        
Interest income 2 1 7 1
Interest expense (4,465) (246) (9,368) (648)
Other expense, net 139 77 37 (115)
Total other expense, net (4,324) (168) (9,324) (762)
Income before income taxes 3,240 3,202 2,039 2,462
Income tax benefit 393 274 (1,995) (159)
Net income $ 2,847 $ 2,928 $ 4,034 $ 2,621
Basic net income per common share:        
Net income, basic (USD per share) $ 0.08 $ 0.09 $ 0.12 $ 0.09
Diluted net income per common share        
Net income (loss), diluted (USD per share) $ 0.08 $ 0.09 $ 0.11 $ 0.08
Weighted average common shares:        
Basic (shares) 35,015 30,900 34,785 30,129
Diluted (shares) 35,608 32,223 35,710 31,436
Product        
Revenue:        
Revenue $ 69,167 $ 66,924 $ 132,965 $ 129,528
Cost of sales:        
Cost of sales excluding amortization 34,483 32,495 63,722 60,271
Service        
Revenue:        
Revenue 25,546 10,377 46,005 20,919
Cost of sales:        
Cost of sales excluding amortization $ 6,943 $ 3,238 $ 12,691 $ 6,475