XML 14 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Net revenues $ 79,484 $ 75,133 $ 238,751 $ 237,437
Cost of goods sold 52,545 51,104 162,363 161,794
Gross profit 26,939 24,029 76,388 75,643
Operating expenses:        
Research, development and engineering 6,703 7,280 22,461 22,767
Selling, general and administrative 10,276 9,158 30,454 29,595
Amortization of acquisition-related intangible assets 750 1,329 2,463 4,282
Impairment of acquisition-related intangible assets 1,391 1,391
Total operating expenses 19,120 17,767 56,769 56,644
Operating income 7,819 6,262 19,619 18,999
Other income (expense):        
Interest income 81 54 196 140
Interest expense (646) (432) (1,896) (1,030)
Other income (expense), net (110) 290 1,291 (1,510)
Income before income tax provision 7,144 6,174 19,210 16,599
Provision for income tax (2,044) (3,888) (7,156) (8,055)
Net income $ 5,100 $ 2,286 $ 12,054 $ 8,544
Net income per share:        
Basic (in dollars per share) $ 0.16 $ 0.07 $ 0.38 $ 0.27
Diluted (in dollars per share) 0.16 0.07 0.38 0.26
Cash dividends per common share (in dollars per share) $ 0.04 $ 0.04 $ 0.115
Weighted average shares used in per share calculation:        
Basic (in shares) 31,558 31,487 31,484 31,626
Diluted (in shares) 32,209 32,343 32,119 32,483