XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Income Statement [Abstract]        
Net sales (including related party sales of $6,067 and $3,418 in the three months ended March 31, 2015 and 2014, respectively, and $43,524 and $10,805 in the nine months ended March 31, 2015 and 2014, respectively) $ 471,225us-gaap_SalesRevenueNet $ 373,755us-gaap_SalesRevenueNet $ 1,417,561us-gaap_SalesRevenueNet $ 1,039,133us-gaap_SalesRevenueNet
Cost of sales (including related party purchases of $58,002 and $45,398 in the three months ended March 31, 2015 and 2014, respectively, and $169,918 and $145,139 in the nine months ended March 31, 2015 and 2014, respectively) 394,405us-gaap_CostOfRevenue 316,491us-gaap_CostOfRevenue 1,187,096us-gaap_CostOfRevenue 879,985us-gaap_CostOfRevenue
Gross profit 76,820us-gaap_GrossProfit 57,264us-gaap_GrossProfit 230,465us-gaap_GrossProfit 159,148us-gaap_GrossProfit
Operating expenses:        
Research and development 25,542us-gaap_ResearchAndDevelopmentExpense 20,570us-gaap_ResearchAndDevelopmentExpense 72,516us-gaap_ResearchAndDevelopmentExpense 61,234us-gaap_ResearchAndDevelopmentExpense
Sales and marketing 12,496us-gaap_SellingAndMarketingExpense 9,416us-gaap_SellingAndMarketingExpense 34,656us-gaap_SellingAndMarketingExpense 27,257us-gaap_SellingAndMarketingExpense
General and administrative 7,334us-gaap_GeneralAndAdministrativeExpense 5,806us-gaap_GeneralAndAdministrativeExpense 17,334us-gaap_GeneralAndAdministrativeExpense 16,938us-gaap_GeneralAndAdministrativeExpense
Total operating expenses 45,372us-gaap_OperatingExpenses 35,792us-gaap_OperatingExpenses 124,506us-gaap_OperatingExpenses 105,429us-gaap_OperatingExpenses
Income from operations 31,448us-gaap_OperatingIncomeLoss 21,472us-gaap_OperatingIncomeLoss 105,959us-gaap_OperatingIncomeLoss 53,719us-gaap_OperatingIncomeLoss
Interest and other income, net 21us-gaap_NonoperatingIncomeExpense 10us-gaap_NonoperatingIncomeExpense 92us-gaap_NonoperatingIncomeExpense 73us-gaap_NonoperatingIncomeExpense
Interest expense (277)us-gaap_InterestExpense (156)us-gaap_InterestExpense (656)us-gaap_InterestExpense (535)us-gaap_InterestExpense
Income before income tax provision 31,192us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 21,326us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 105,395us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 53,257us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision 8,136us-gaap_IncomeTaxExpenseBenefit 4,752us-gaap_IncomeTaxExpenseBenefit 30,234us-gaap_IncomeTaxExpenseBenefit 15,649us-gaap_IncomeTaxExpenseBenefit
Net income $ 23,056us-gaap_NetIncomeLoss $ 16,574us-gaap_NetIncomeLoss $ 75,161us-gaap_NetIncomeLoss $ 37,608us-gaap_NetIncomeLoss
Net income per common share:        
Basic (in dollars per share) $ 0.49us-gaap_EarningsPerShareBasic $ 0.38us-gaap_EarningsPerShareBasic $ 1.63us-gaap_EarningsPerShareBasic $ 0.87us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 0.44us-gaap_EarningsPerShareDiluted $ 0.35us-gaap_EarningsPerShareDiluted $ 1.47us-gaap_EarningsPerShareDiluted $ 0.82us-gaap_EarningsPerShareDiluted
Weighted-average shares used in calculation of net income per common share:        
Basic (in shares) 46,824us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 43,992us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 46,138us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 43,128us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 52,008us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 47,424us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 51,102us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 45,857us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding