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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Jan. 28, 2017
Jan. 30, 2016
Jan. 28, 2017
Jan. 30, 2016
Revenue:        
Product sales $ 36,746,000 $ 53,305,000 $ 81,833,000 $ 129,436,000
Contract services 16,417,000 14,255,000 57,664,000 49,905,000
Total revenue 53,163,000 67,560,000 139,497,000 179,341,000
Cost of sales:        
Product sales 23,641,000 31,910,000 58,060,000 73,477,000
Contract services 10,171,000 9,025,000 37,986,000 31,683,000
Total cost of sales 33,812,000 40,935,000 96,046,000 105,160,000
Gross margin:        
Product sales 13,105,000 21,395,000 23,773,000 55,959,000
Contract services 6,246,000 5,230,000 19,678,000 18,222,000
Total gross margin 19,351,000 26,625,000 43,451,000 74,181,000
Selling, general and administrative 12,788,000 13,313,000 39,838,000 43,302,000
Research and development 7,988,000 8,247,000 25,105,000 27,975,000
(Loss) income from operations (1,425,000) 5,065,000 (21,492,000) 2,904,000
Other income (expense):        
Interest income, net 390,000 181,000 1,162,000 673,000
Other expense, net (46,000) (215,000) (476,000) (2,796,000)
(Loss) income before income taxes (1,081,000) 5,031,000 (20,806,000) 781,000
Provision (benefit) for income taxes 1,102,000 (1,133,000) (2,809,000) (2,821,000)
Net (loss) income $ (2,183,000) $ 6,164,000 $ (17,997,000) $ 3,602,000
(Loss) earnings per share data:        
Basic (in dollars per share) $ (0.09) $ 0.27 $ (0.78) $ 0.16
Diluted (in dollars per share) $ (0.09) $ 0.27 $ (0.78) $ 0.16
Weighted average shares outstanding:        
Basic (in shares) 23,082,974 22,890,484 23,029,546 22,941,354
Diluted (in shares) 23,082,974 23,083,816 23,029,546 23,139,981