Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Condensed Consolidated Statements Of Operations [Abstract]        
Equipment revenue $ 20,728 $ 40,715 $ 43,929 $ 71,461
Services revenue 10,505 10,353 21,660 20,865
Total revenue 31,233 51,068 65,589 92,326
Cost of equipment revenue 14,507 29,380 29,341 49,625
Cost of services 5,394 5,210 11,080 10,608
Total cost of equipment revenue and services 19,901 34,590 40,421 60,233
Gross profit 11,332 16,478 25,168 32,093
Operating expenses:        
Sales and marketing 3,555 4,671 7,452 9,159
Research and development 2,669 3,464 5,410 7,002
General and administrative 3,107 3,249 6,624 6,598
Restructuring 32   277  
Intangible amortization 151 163 318 326
Total operating expenses 9,514 11,547 20,081 23,085
Operating income 1,818 4,931 5,087 9,008
Other income (expense), net 448 (28) 32,046 25
Interest (expense) (5) (2) (5) (3)
Income before income taxes 2,261 4,901 37,128 9,030
Income tax (expense) benefit 1,237 (138) (12,499) 335
Net income $ 3,498 $ 4,763 $ 24,629 $ 9,365
Net income per common share:        
Basic net income from continuing operations $ 0.05 $ 0.07 $ 0.36 $ 0.14
Effect of dilutive securities on net income per common share $ 0.00 $ 0.00 $ 0.00 $ 0.00
Diluted net income per common share $ 0.05 $ 0.07 $ 0.36 $ 0.14
Weighted-average number of common shares outstanding:        
Basic 67,416 67,202 67,879 67,285
Effect of dilutive securities: restricted stock and stock options1 1,118 [1] 1,285 [1] 1,405 [1] 1,036 [1]
Diluted 68,534 68,487 69,284 68,321
[1] The Company had 1.0 million and 4.4 million shares represented by options for the three months and 0.5 million and 4.9 million shares represented by options for the six months ended September 30, 2011 and 2010, respectively, which were not included in the computation of average diluted shares outstanding because they were anti-dilutive.