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Note 21. Supplementary Quarterly Financial Data (Unaudited)
12 Months Ended
Mar. 31, 2013
Quarterly Financial Information [Text Block]

NOTE 21.    SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED)


The following table contains selected unaudited quarterly financial data for fiscal years 2013 and 2012. In the opinion of management, this unaudited information has been prepared on the same basis as the audited information and includes all adjustments, consisting only of normal and recurring adjustments necessary to state fairly the information set forth therein. Results for a given quarter are not necessarily indicative of results for any subsequent quarter (in thousands, except per share data). Net income (loss) per share for the four quarters of each fiscal year may not sum to the total for the fiscal year, because of the different number of shares outstanding during each period.


   

Fiscal Year 2013

   

Fiscal Year 2012

 

Classification

 

Mar. 31,

2013

   

Dec. 30,

2012

   

Sep. 30,

2012

   

Jul. 1, 2012

   

Apr. 1,

2012*

   

Jan. 1,

2012

   

Oct. 2,

2011

   

Jul. 3, 2011

 

Consolidated Statement of Operations Data:

                                                               

Net sales by end market:

                                                               

Industrial & Embedded Systems

  $ 15,265     $ 16,119     $ 15,923     $ 16,088     $ 16,396     $ 15,136     $ 18,060     $ 17,010  

Networking & Storage

    9,346       9,300       7,656       6,435       3,890       7,420       8,669       7,026  

Communications Infrastructure

    6,231       5,270       6,737       6,728       6,669       6,826       9,391       12,942  

Other

    312       310       306             834       297              

Net sales

  $ 31,154     $ 30,999     $ 30,622     $ 29,251     $ 27,789     $ 29,679     $ 36,120     $ 36,978  

Gross profit

    15,296       14,192       13,330       12,869       9,009       13,345       16,729       16,841  

Income (loss) from operations

    1,309       (353

)

    (373

)

    (1,166

)

    (21,522

)

    (5,435

)

    (1,482

)

    (2,154

)

Net income (loss)

    1,672       1,523       263       (576

)

    (20,820

)

    (4,733

)

    (1,077

)

    (1,426

)

Net income (loss) per share:

                                                               

Basic

  $ 0.04     $ 0.03     $ 0.01     $ (0.01

)

  $ (0.46

)

  $ (0.11

)

  $ (0.02

)

  $ (0.03

)

Diluted

  $ 0.04     $ 0.03     $ 0.01     $ (0.01

)

  $ (0.46

)

  $ (0.11

)

  $ (0.02

)

  $ (0.03

)

Shares used in the computation of net income (loss) per share:

                                                               

Basic

    46,219       45,925       45,720       45,388       45,012       44,830       44,759       44,599  

Diluted

    47,379       46,438       46,046       45,388       45,012       44,830       44,759       44,599  

*

Amount presented includes a $741,000 stock-based compensation adjustment. See Note 2 –“Revision of Prior Period Financial Statements.” for detail.