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, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Condensed Consolidated Statements Of Operations [Abstract]        
Revenue $ 14,392 $ 37,936 $ 58,321 $ 109,397
Cost of goods sold 10,129 28,105 39,471 77,730
Gross profit 4,263 9,831 18,850 31,667
Operating expenses:        
Sales and marketing 1,414 2,705 5,108 8,234
Research and development 1,797 2,950 5,865 8,728
General and administrative 1,707 2,004 5,625 5,805
Restructuring (2)   275  
Intangible amortization 136 137 413 407
Total operating expenses 5,052 7,796 17,286 23,174
Operating income (loss) (789) 2,035 1,564 8,493
Other income (expense), net 106 (24) 31,855 21
Interest (expense) (37) (2) (42) (8)
Income (loss) before income taxes and discontinued operations (720) 2,009 33,377 8,506
Income tax (expense) benefit 268 4 (11,108) 444
Net income (loss) from continuing operations (452) 2,013 22,269 8,950
Discontinued Operations (Note 1):        
Gain on sale of discontinued operations, net of tax expense of $12,848 19,980   19,980  
Income from discontinued operations, net of tax expense of $289, $30, $1,413 and $135 274 924 2,181 3,352
Net income $ 19,802 $ 2,937 $ 44,430 $ 12,302
Basic net income (loss) per common share:        
Basic net income (loss) from continuing operations $ (0.01) $ 0.03 $ 0.33 $ 0.13
Basic net income from discontinued operations $ 0.30 $ 0.01 $ 0.33 $ 0.05
Basic net income per common share* $ 0.30 [1] $ 0.04 [1] $ 0.66 [1] $ 0.18 [1]
Diluted net income (loss) per common share:        
Diluted net income (loss) from continuing operations $ (0.01) $ 0.03 $ 0.32 $ 0.13
Diluted net income from discontinued operations $ 0.30 $ 0.01 $ 0.32 $ 0.05
Diluted net income per common share* $ 0.29 [1] $ 0.04 [1] $ 0.65 [1] $ 0.18 [1]
Weighted-average number of common shares outstanding:        
Basic 66,411 68,280 67,390 67,616
Effect of dilutive securities: restricted stock and stock options** 921 [2] 2,002 [2] 1,266 [2] 1,398 [2]
Diluted 67,332 70,282 68,656 69,014
[1] Per common share may not sum to totals because of rounding.
[2] The Company had 1.5 million and 2.3 million shares represented by options for the three months and 0.6 million and 3.9 million shares represented by options for the nine months ended December 31, 2011 and 2010, respectively, which were not included in the computation of average diluted shares outstanding because they were anti-dilutive.