Quarterly Results of Operations (Unaudited)

12 Months Ended

Apr. 30, 2013

Quarterly Results of Operations (Unaudited)

Quarterly Results of Operations (Unaudited)

14.  Quarterly Results of Operations (Unaudited)

        The following tables present selected unaudited consolidated financial data for each of the eight quarters in the two-year period ended April 30, 2013. In the Company's opinion, this unaudited information has been prepared on the same basis as the audited information and includes all adjustments (consisting of only normal recurring adjustments) necessary for a fair statement of the financial information for the period presented. The Company's fiscal year ends on April 30. Due to the fixed year end date of April 30, the first and fourth quarters each consist of approximately 13 weeks. The second and third quarters each consist of 13 weeks. The first three quarters end on a Saturday.

	Three Months Ended
	July 28, 2012			October 27, 2012		January 26, 2013		April 30, 2013
	(In thousands except per share data)
Year ended April 30, 2013
Revenue	$	58,677		$	80,278	$	47,087	$	54,110
Gross margin	$	19,505		$	35,636	$	19,673	$	17,722
Net (loss) income	$	(1,386	)	$	8,738	$	3,869	$	(795	)
Net (loss) income per share—basic	$	(0.06	)	$	0.40	$	0.17	$	(0.04	)
Net (loss) income per share—diluted	$	(0.06	)	$	0.39	$	0.17	$	(0.04	)

	Three Months Ended
	July 30, 2011		October 29, 2011		January 28, 2012		April 30, 2012
	(In thousands except per share data)
Year ended April 30, 2012
Revenue	$	61,997	$	80,372	$	71,964	$	110,675
Gross margin	$	21,715	$	30,630	$	27,433	$	49,555
Net income	$	326	$	6,587	$	5,744	$	17,794
Net income per share—basic(1)	$	0.02	$	0.30	$	0.26	$	0.81
Net income per share—diluted(1)	$	0.01	$	0.30	$	0.26	$	0.80

(1)

Earnings per share is computed independently for each of the quarters presented. The sum of the quarterly earnings per share do not equal the total earnings per share computed for the year due to rounding.