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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Net revenues $ 83,542 $ 80,638
Cost of goods sold 56,996 56,644
Gross profit 26,546 23,994
Operating expenses:    
Research, development and engineering 7,573 7,910
Selling, general and administrative 10,006 10,038
Amortization of acquisition-related intangible assets 596 1,017
Total operating expenses 18,175 18,965
Operating income 8,371 5,029
Other income (expense):    
Interest income 79 62
Interest expense (694) (635)
Other income (expense), net (515) 815
Income before income tax provision 7,241 5,271
Provision for income tax (1,747) (2,252)
Net income $ 5,494 $ 3,019
Net income per share:    
Basic (in dollars per share) $ 0.17 $ 0.10
Diluted (in dollars per share) 0.17 0.09
Cash dividends per common share (in dollars per share) $ 0.04
Weighted average shares used in per share calculation:    
Basic (in shares) 32,086 31,401
Diluted (in shares) 33,044 32,001