XML 27 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2012
Jan. 31, 2011
Net revenue:        
Product $ 122,189 $ 111,315 $ 236,196 $ 208,004
Engineering 4,244 5,938 8,094 13,071
Total net revenue 126,433 117,253 244,290 221,075
Cost of sales:        
Product 75,705 70,596 146,936 129,652
Engineering 3,883 5,848 7,483 11,595
Total cost of sales 79,588 76,444 154,419 141,247
Gross profit 46,845 40,809 89,871 79,828
Operating expenses:        
Research and product development 13,940 14,769 29,207 28,673
Selling and marketing 10,605 10,716 21,070 20,324
General and administrative 14,509 9,320 26,219 19,067
Restructuring   (134)   3,428
Total operating expenses 39,054 34,671 76,496 71,492
Income from operations 7,791 6,138 13,375 8,336
Other income (expense):        
Interest income, net 133 188 269 406
Gain on sale of other investments 2,500   2,500  
Other, net 322 (100) 497 (376)
Total other income, net 2,955 88 3,266 30
Income from continuing operations before income taxes 10,746 6,226 16,641 8,366
Provision for (benefit from) income taxes (8,869) 930 (7,000) 1,689
Income from continuing operations 19,615 5,296 23,641 6,677
Income from discontinued operations (net of income tax provision of $168)       289
Gain on disposal of discontinued operations (net of income tax provision of $505)       924
Net income $ 19,615 $ 5,296 $ 23,641 $ 7,890
Basic net income per share:        
Income from continuing operations $ 1.61 $ 0.42 $ 1.90 $ 0.53
Income from discontinued operations, net of tax       $ 0.02
Gain on disposal of discontinued operations, net of tax       $ 0.08
Basic net income per share $ 1.61 $ 0.42 $ 1.90 $ 0.63
Diluted net income per share:        
Income from continuing operations $ 1.59 $ 0.42 $ 1.88 $ 0.53
Income from discontinued operations, net of tax       $ 0.02
Gain on disposal of discontinued operations, net of tax       $ 0.07
Diluted net income per share $ 1.59 $ 0.42 $ 1.88 $ 0.62
Weighted average shares outstanding:        
Basic 12,188 12,574 12,464 12,599
Diluted 12,333 12,655 12,595 12,672