XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]        
Net sales (including related party sales of $4,069 and $4,413 in the three months ended March 31, 2017 and 2016, respectively, and $14,414 and $12,125 in the nine months ended March 31, 2017 and 2016, respectively) $ 631,124 $ 532,721 $ 1,812,046 $ 1,691,303
Cost of sales (including related party purchases of $62,378 and $55,133 in the three months ended March 31, 2017 and 2016, respectively, and $177,513 and $185,845 in the nine months ended March 31, 2017 and 2016, respectively) 542,798 453,569 1,550,278 1,433,574
Gross profit 88,326 79,152 261,768 257,729
Operating expenses:        
Research and development 35,870 31,256 103,094 89,846
Sales and marketing 17,167 14,467 51,236 45,177
General and administrative 12,874 8,984 33,058 27,695
Total operating expenses 65,911 54,707 187,388 162,718
Income from operations 22,415 24,445 74,380 95,011
Interest and other income (expense), net (51) 20 23 131
Interest expense (558) (417) (1,385) (1,141)
Income before income tax provision 21,806 24,048 73,018 94,001
Income tax provision 5,140 7,386 20,824 28,951
Net income $ 16,666 $ 16,662 $ 52,194 $ 65,050
Net income per common share:        
Basic (in dollars per share) $ 0.34 $ 0.35 $ 1.08 $ 1.36
Diluted (in dollars per share) $ 0.32 $ 0.32 $ 1.01 $ 1.26
Weighted-average shares used in calculation of net income per common share:        
Basic (in shares) 48,445 48,047 48,243 47,737
Diluted (in shares) 51,918 52,238 51,579 51,637