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Quarterly Results (Unaudited)
12 Months Ended
Jun. 30, 2012
Quarterly Results  
Quarterly Results (Unaudited)

Note 11 — Quarterly Results (Unaudited)

 

The following table is in thousands, except per share amounts:

 

    Quarter Ended  
Fiscal 2012   September 30,     December 31,     March 31,     June 30,  
                         
Revenue   $ 37     $ 77,903     $ 1,927     $ 2,123  
Operating expenses   $ 14,598     $ 16,020     $ 19,889     $ 19,605  
Net income (loss) from operations   $ (14,561 )   $ 61,883     $ (17,962 )   $ (17,482 )
Net income (loss)   $ (14,538 )   $ 56,253     $ (12,823 )   $ (16,906 )
Net income (loss) per share: (1)                                
Basic   $ (0.21 )   $ 0.82     $ (0.19 )   $ (0.24 )
Diluted   $ (0.21 )   $ 0.78     $ (0.19 )   $ (0.24 )
Shares used in computation of net income (loss)  per share:                                
Basic     68,323       68,658       68,848       69,081  
Diluted     68,323       71,725       68,848       69,081  

 

 

    Quarter Ended  
Fiscal 2011   September 30,     December 31,     March 31,     June 30,  
                         
Revenue   $ 1,964     $ 2,824     $ 2,059     $ 1,386  
Operating expenses   $ 9,536     $ 10,349     $ 11,341     $ 12,381  
Net income (loss) from operations   $ (7,572 )   $ (7,525 )   $ (9,282 )   $ (10,995 )
Net income (loss)   $ (7,523 )   $ (7,499 )   $ (9,217 )   $ (10,964 )
Basic and diluted net loss per share (1)   $ (0.13 )   $ (0.13 )   $ (0.15 )   $ (0.18 )
Shares used in computation of basic and diluted net loss per share     59,278       59,715       59,931       60,968  

 

  (1) Basic and diluted net loss per share amounts are computed independently for each of the quarters presented.  Therefore, the sum of quarterly basic and diluted net income (loss) per share information may not equal annual basic and diluted net income (loss) per share.