XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net revenues $ 87,684 $ 78,629 $ 171,226 $ 159,267
Cost of goods sold 60,897 53,174 117,893 109,818
Gross profit 26,787 25,455 53,333 49,449
Operating expenses:        
Research, development and engineering 8,231 7,848 15,804 15,758
Selling, general and administrative 12,891 10,140 22,897 20,178
Amortization of acquisition-related intangible assets 597 696 1,193 1,713
Total operating expenses 21,719 18,684 39,894 37,649
Operating income 5,068 6,771 13,439 11,800
Other income (expense):        
Interest income 89 53 168 115
Interest expense (434) (615) (1,128) (1,250)
Other income (expense), net (190) 586 (705) 1,401
Income before income tax provision 4,533 6,795 11,774 12,066
Provision for income tax (1,070) (2,860) (2,817) (5,112)
Net income $ 3,463 $ 3,935 $ 8,957 $ 6,954
Net income per share:        
Basic (in dollars per share) $ 0.11 $ 0.12 $ 0.28 $ 0.22
Diluted (in dollars per share) 0.10 0.12 0.27 0.22
Cash dividends per common share (in dollars per share) $ 0.04
Weighted average shares used in per share calculation:        
Basic (in shares) 32,642 31,490 32,364 31,447
Diluted (in shares) 34,099 32,145 33,572 32,074