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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenue:        
Total Revenue $ 107,702 $ 111,144 $ 213,791 $ 220,450
Cost of sales:        
Amortization of intangibles 953 953 1,906 2,056
Total cost of sales 45,384 48,272 90,373 96,057
Gross Profit 62,318 62,872 123,418 124,393
Operating expenses:        
Sales and marketing 20,540 20,341 40,187 39,447
Research and development 15,044 15,155 29,677 29,249
General and administrative 18,583 15,201 33,270 31,559
Total operating expenses 54,167 50,697 103,134 100,255
Operating income 8,151 12,175 20,284 24,138
Other expense, net:        
Interest expense, net (3,697) (6,393) (9,358) (12,364)
Debt issuance cost write off 0 0 (9,722) 0
Other (expense) income, net (32) 47 (58) 64
Total other expense, net (3,729) (6,346) (19,138) (12,300)
Income before income taxes 4,422 5,829 1,146 11,838
Income tax provision 428 (70) 206 160
Net income $ 3,994 $ 5,899 $ 940 $ 11,678
Basic net income per common share:        
Basic (USD per share) $ 0.11 $ 0.16 $ 0.03 $ 0.33
Diluted net income per common share        
Diluted (USD per share) $ 0.11 $ 0.16 $ 0.03 $ 0.32
Weighted average common shares:        
Basic (shares) 36,296 35,791 36,212 35,698
Diluted (shares) 36,974 36,730 36,855 36,821
Product        
Revenue:        
Revenue $ 78,432 $ 83,819 $ 155,682 $ 165,574
Cost of sales:        
Cost of sales excluding amortization 37,894 40,218 75,660 79,830
Service        
Revenue:        
Revenue 29,270 27,325 58,109 54,876
Cost of sales:        
Cost of sales excluding amortization $ 6,537 $ 7,101 $ 12,807 $ 14,171