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Supplementary Information (Unaudited) (Tables)
 12 Months Ended
Jun. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Consolidated Quarterly Statements of Operations
The following sets forth certain unaudited consolidated quarterly statements of operations data for each of the Company’s last eight quarters. In management’s opinion, this quarterly information reflects all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation for the periods presented. Such quarterly results are not necessarily indicative of future results of operations and should be read in conjunction with the audited consolidated financial statements of the Company and the notes thereto.
2017 (In thousands, except per share data)
1ST QUARTER
 
2ND QUARTER
 
3RD QUARTER
 
4TH QUARTER
Net revenues
$
87,649

 
$
98,014

 
$
107,317

 
$
115,608

Gross margin
$
39,444

 
$
47,389

 
$
50,783

 
$
53,927

Income from operations
$
3,742

 
$
8,958

 
$
11,695

 
$
13,008

Income from continuing operations before income taxes
$
2,560

 
$
6,983

 
$
10,218

 
$
11,307

Income tax (benefit) provision
$
(1,259
)
 
$
1,779

 
$
3,170

 
$
2,503

Income from continuing operations
$
3,819

 
$
5,204

 
$
7,048

 
$
8,804

Net income
$
3,819

 
$
5,204

 
$
7,048

 
$
8,804

Net income per share:
 
 
 
 
 
 
 
Basic net income per share:
$
0.10

 
$
0.13

 
$
0.16

 
$
0.19

Diluted net income per share:
$
0.10

 
$
0.13

 
$
0.16

 
$
0.19

2016 (In thousands, except per share data)
1ST QUARTER
 
2ND QUARTER
 
3RD QUARTER
 
4TH QUARTER
Net revenues
$
58,409

 
$
60,417

 
$
65,898

 
$
85,430

Gross margin (1)
$
28,302

 
$
29,739

 
$
31,402

 
$
38,176

Income from operations
$
3,131

 
$
6,369

 
$
6,819

 
$
7,654

Income from continuing operations before income taxes
$
3,224

 
$
6,473

 
$
6,999

 
$
8,590

Income tax provision (2)
$
368

 
$
1,433

 
$
2,642

 
$
1,101

Income from continuing operations
$
2,856

 
$
5,040

 
$
4,357

 
$
7,489

Net income
$
2,856

 
$
5,040

 
$
4,357

 
$
7,489

Net income per share:
 
 
 
 
 
 
 
Basic net income per share
$
0.09

 
$
0.15

 
$
0.13

 
$
0.20

Diluted net income per share
$
0.08

 
$
0.15

 
$
0.13

 
$
0.19

(1) During 2017, the Company included costs related to the sustainment of its product portfolio as research and development expense, which was previously included as costs of revenues on the Consolidated Statements of Operations and Comprehensive Income. For comparative purposes, for the fiscal year ended June 30, 2016, the Company has reclassified $2,845, from costs of revenues to research and development expense. The quarterly amounts reclassified were $773, $1,161 and $911 for the 1st quarter, 2nd quarter and 3rd quarter, respectively.
(2) Upon adoption of FASB ASU 2016-09, Improvements to Employee Share-Based Payment Accounting, the Company recognized $1,100 of excess tax benefits in the fourth quarter as a benefit to income taxes in its consolidated statements of operations and comprehensive income (loss) for the year ended June 30, 2016. The tax benefit (provision) impacts were restated above to show the effect of this adoption as if it had occurred at the beginning of fiscal 2016. The tax benefit (provision) impacts were $896, $247, $(169), and $126 for the 1st quarter, 2nd quarter, 3rd quarter and 4th quarter, respectively. Income from continuing operations, net income, and net income amounts per share were also updated as a result of the adjustment to the income tax provision.
Due to the effects of rounding, the sum of the four quarters does not equal the annual total.