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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Oct. 29, 2016
Oct. 31, 2015
Oct. 29, 2016
Oct. 31, 2015
Revenue:        
Product sales $ 29,350,000 $ 49,492,000 $ 45,087,000 $ 76,131,000
Contract services 20,766,000 15,239,000 41,247,000 35,650,000
Total revenue 50,116,000 64,731,000 86,334,000 111,781,000
Cost of sales:        
Product sales 19,197,000 24,802,000 34,419,000 41,567,000
Contract services 13,502,000 8,396,000 27,815,000 22,658,000
Total cost of sales 32,699,000 33,198,000 62,234,000 64,225,000
Gross margin:        
Product sales 10,153,000 24,690,000 10,668,000 34,564,000
Contract services 7,264,000 6,843,000 13,432,000 12,992,000
Total gross margin 17,417,000 31,533,000 24,100,000 47,556,000
Selling, general and administrative 13,387,000 14,733,000 27,050,000 29,989,000
Research and development 8,517,000 9,897,000 17,117,000 19,728,000
(Loss) income from operations (4,487,000) 6,903,000 (20,067,000) (2,161,000)
Other income (expense):        
Interest income, net 397,000 268,000 772,000 492,000
Other expense, net (130,000) (192,000) (430,000) (2,581,000)
(Loss) income before income taxes (4,220,000) 6,979,000 (19,725,000) (4,250,000)
(Benefit) provision for income taxes (48,000) 2,560,000 (3,911,000) (1,688,000)
Net (loss) income $ (4,172,000) $ 4,419,000 $ (15,814,000) $ (2,562,000)
(Loss) earnings per share data:        
Basic (in dollars per share) $ (0.18) $ 0.19 $ (0.69) $ (0.11)
Diluted (in dollars per share) $ (0.18) $ 0.19 $ (0.69) $ (0.11)
Weighted average shares outstanding:        
Basic (in shares) 23,049,056 22,985,956 23,002,832 22,966,513
Diluted (in shares) 23,049,056 23,148,456 23,002,832 22,966,513