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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Royalties and license fees $ 10,556 $ 7,908 $ 25,207 $ 22,566
Product sales 7,512 6,583 22,866 18,082
Research, development and other 1,904 1,423 5,139 3,887
Total revenue 19,972 15,914 53,212 44,535
Operating costs and expenses:        
Product costs 2,777 2,174 8,069 6,031
Research and development 4,693 3,860 13,195 11,839
Selling, general and administrative 4,483 3,872 12,984 11,387
Acquisition transaction, integration and other costs 61   3,192  
Acquisition related intangible asset amortization 806 151 1,940 454
Contingent consideration accretion expense 555   1,056  
Total operating costs and expenses 13,375 10,057 40,436 29,711
Operating income 6,597 5,857 12,776 14,824
Other income (loss):        
Investment income, net 19 36 37 149
Gain on strategic investments 16   377  
Foreign exchange gain (loss) 234   (336)  
Other (loss) income, net (6) (40) (6) 496
Other income (loss) , net 263 (4) 72 645
Income before income taxes 6,860 5,853 12,848 15,469
Income tax provision (2,857) (1,929) (5,507) (4,879)
Net income $ 4,003 $ 3,924 $ 7,341 $ 10,590
Basic net income per share $ 0.31 $ 0.30 $ 0.57 $ 0.81
Diluted net income per share $ 0.30 $ 0.30 $ 0.56 $ 0.79
Weighted average number of shares outstanding:        
Basic 12,995 13,002 12,969 13,057
Diluted 13,284 13,279 13,203 13,324