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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net revenues $ 80,257 $ 86,435 $ 162,304 $ 174,515
Cost of goods sold 54,245 60,265 110,690 123,345
Gross profit 26,012 26,170 51,614 51,170
Operating expenses:        
Research, development and engineering 7,804 6,948 15,487 14,198
Selling, general and administrative 9,801 10,713 20,437 21,477
Amortization of acquired intangible assets 1,374 1,419 2,953 3,126
Total operating expenses 18,979 19,080 38,877 38,801
Operating income 7,033 7,090 12,737 12,369
Other income (expense):        
Interest income 39 49 86 96
Interest expense (284) (322) (598) (732)
Other income (expense), net (1,010) 2,165 (1,800) 2,373
Income before income tax provision 5,778 8,982 10,425 14,106
Provision for income tax (2,505) (3,235) (4,167) (4,784)
Net income $ 3,273 $ 5,747 $ 6,258 $ 9,322
Net income per share:        
Basic (in dollars per share) $ 0.10 $ 0.18 $ 0.20 $ 0.30
Diluted (in dollars per share) 0.10 0.18 0.19 0.29
Cash dividends per common share (in dollars per share) $ 0.04 $ 0.035 $ 0.075 $ 0.065
Weighted average shares used in per share calculation:        
Basic (in shares) 31,651 31,499 31,769 31,439
Diluted (in shares) 32,380 32,235 32,627 32,142