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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total Revenue $ 70,338 $ 61,166 $ 206,102 $ 189,243
Cost of sales:        
Amortization of intangibles 1,225 719 3,272 2,184
Total cost of sales 32,989 32,838 99,648 100,803
Gross Profit 37,349 28,328 106,454 88,440
Operating expenses:        
Sales and marketing 13,133 11,392 39,750 34,583
Research and development 10,892 8,584 32,755 27,671
General and administrative 10,378 6,751 27,724 18,309
Restructuring charge (reversal) 91 (20) 129 (87)
Total operating expenses 34,494 26,707 100,358 80,476
Operating income 2,855 1,621 6,096 7,964
Other (expense) income, net:        
Interest income 22 205 303 557
Interest expense (900) 0 (3,066) (94)
Other (expense) income, net (67) (174) (214) 131
Total other (expense) income, net (945) 31 (2,977) 594
Income before income taxes 1,910 1,652 3,119 8,558
Income tax expense (benefit) 144 4 (859) 886
Net income $ 1,766 $ 1,648 $ 3,978 $ 7,672
Basic net income per common share:        
Net income, basic (USD per share) $ 0.06 $ 0.06 $ 0.14 $ 0.28
Diluted net income per common share        
Net income, diluted (USD per share) $ 0.06 $ 0.06 $ 0.13 $ 0.27
Weighted average common shares:        
Basic (shares) 28,972 28,072 28,772 27,816
Diluted (shares) 29,187 28,589 29,477 28,414
Product        
Revenue:        
Revenue $ 62,807 $ 53,434 $ 182,695 $ 166,887
Cost of sales:        
Cost of sales excluding amortization 28,759 29,230 86,937 89,124
Service        
Revenue:        
Revenue 7,531 7,732 23,407 22,356
Cost of sales:        
Cost of sales excluding amortization $ 3,005 $ 2,889 $ 9,439 $ 9,495