XML 45 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) [Abstract]        
Revenues $ 44,258 $ 40,025 $ 86,272 $ 76,028
Cost of revenues 21,135 18,004 40,300 34,784
Gross profit 23,123 22,021 45,972 41,244
Operating expenses:        
Research and development 3,581 3,008 6,546 6,462
Sales and marketing 11,505 9,335 23,274 18,487
General and administrative 4,621 4,495 7,943 7,914
Gain from legal settlement (17,250) 0 (17,250) 0
Total operating expenses 2,457 16,838 20,513 32,863
Income from operations 20,666 5,183 25,459 8,381
Interest and other income (expense), net 255 56 25 350
Income before income tax provision 20,921 5,239 25,484 8,731
Income tax provision 8,012 1,918 9,711 3,196
Net income $ 12,909 $ 3,321 $ 15,773 $ 5,535
Net income per share:        
Basic net income per share (in dollars per share) $ 0.59 $ 0.15 $ 0.72 $ 0.25
Diluted net income per share (in dollars per share) $ 0.58 $ 0.15 $ 0.71 $ 0.24
Shares used in the calculation of net income per share:        
Weighted average common shares outstanding - basic (in shares) 21,920,000 22,290,000 21,869,000 22,484,000
Weighted average common shares outstanding - diluted (in shares) 22,306,000 22,564,000 22,280,000 22,850,000