Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation Basis of Presentation (Tables)

v2.4.1.9
Basis of Presentation Basis of Presentation (Tables)
9 Months Ended
Dec. 31, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
The following table provides the reconciliation from previously reported financial data as adjusted:
 
 
Three months ended December 31, 2013
 
Nine months ended December 31, 2013
(in thousands)
 
Previously reported
 
Effect of Accounting Principle Change
 
Adjusted
 
Previously reported
 
Effect of Accounting Principle Change
 
Adjusted
Revenue
 
$
25,236

 
$

 
$
25,236

 
$
77,652

 
$

 
$
77,652

Cost of revenue
 
13,001

 
303

 
13,304

 
44,218

 
1,063

 
45,281

Gross profit
 
$
12,235

 
$
(303
)
 
$
11,932

 
$
33,434

 
$
(1,063
)
 
$
32,371

Gross margin
 
48.5
%
 
 
 
47.3
%
 
43.1
%
 
 
 
41.7
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Sales and marketing
 
$
3,508

 
$
(303
)
 
$
3,205

 
$
10,812

 
$
(1,063
)
 
$
9,749