Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]        
Revenue $ 25,236 $ 8,873 $ 77,652 $ 28,145
Cost of goods sold 13,001 5,783 44,218 18,833
Gross profit 12,235 3,090 33,434 9,312
Operating expenses:        
Sales and marketing 3,508 1,862 10,812 5,568
Research and development 2,527 1,375 7,845 4,372
General and administrative 3,402 2,135 10,200 6,837
Restructuring 38 0 273 149
Intangible amortization 737 234 3,588 652
Total operating expenses 10,212 5,606 32,718 17,578
Operating income (loss) 2,023 (2,516) 716 (8,266)
Other income (expense) (31) 43 (63) 134
Income (loss) before income taxes and discontinued operations 1,992 (2,473) 653 (8,132)
Income tax benefit (expense) (38) 1,295 (125) 3,219
Net income (loss) from continuing operations 1,954 (1,178) 528 (4,913)
Discontinued Operations (Note 14):        
Income (loss) from discontinued operations, net of tax benefit of $0 for the three and nine months ended December 31, 2013, and $990 and $1098 for the three and nine months ended December 31, 2012, respectively (29) (787) (39) (967)
Net income (loss) $ 1,925 $ (1,965) $ 489 $ (5,880)
Basic net income (loss) per share:        
Basic net income (loss) from continuing operations $ 0.03 $ (0.02) $ 0.01 $ (0.08)
Basic net income (loss) from discontinued operations $ 0.00 $ (0.01) $ 0.00 $ (0.02)
Basic net income (loss) per share $ 0.03 $ (0.03) $ 0.01 $ (0.10)
Diluted net income (loss) per share:        
Diluted net income (loss) from continuing operations $ 0.03 $ (0.02) $ 0.01 $ (0.08)
Diluted net income (loss) from discontinued operations $ 0.00 $ (0.01) $ 0.00 $ (0.02)
Diluted net income (loss) per share $ 0.03 $ (0.03) $ 0.01 $ (0.10)
Weighted-average number of common shares outstanding:        
Basic 58,834 58,693 58,678 60,541
Effect of dilutive securities: restricted stock, restricted stock units, performance stock units and stock options 1,816 [1] 0 [1] 1,087 [1] 0 [1]
Diluted 60,650 58,693 59,765 60,541
[1] The Company had 43 thousand and 85 thousand shares represented by options for the three and nine months ended December 31, 2013, respectively, which were not included in the computation of average dilutive shares outstanding because they were anti-dilutive. In periods with a net loss, the basic loss per share equals the diluted loss per share as all common stock equivalents are excluded from the per share calculation.