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Table of Contents
34
Consolidated Statements of Operations Data:
(in thousands, except per share data)
Fiscal Year Ended June 30,
2015
2014
2013
2012
2011
Revenue
$
160,239
$
150,313
$
191,800
$
205,522
$
199,118
Cost of revenue
78,784
60,841
69,113
44,448
38,150
Gross profit
81,455
89,472
122,687
161,074
160,968
Operating expenses:
Research and development
68,060
60,573
60,349
65,764
52,617
Sales and marketing
26,975
33,138
30,435
25,345
16,588
General and administrative
23,606
26,176
24,765
26,084
19,757
Restructuring costs
1,150
4,412
1,671
—
—
Total operating expenses
119,791
124,299
117,220
117,193
88,962
Operating income (loss)
(38,336
)
(34,827
)
5,467
43,881
72,006
Other income, net
2,267
1,288
1,207
1,484
1,173
Income (loss) from continuing operations before
provision (benefit) for income taxes
(36,069
)
(33,539
)
6,674
45,365
73,179
Provision (benefit) for income taxes
(13,006
)
(4,015
)
1,093
13,559
28,592
Income (loss) from continuing operations, net of
tax
$
(23,063
)
$
(29,524
)
$
5,581
$
31,806
$
44,587
Income (loss) from discontinued operations, net
of tax
$
—
$
—
$
7,486
$
602
$
(2,013
)
Net income (loss)
$
(23,063
)
$
(29,524
)
$
13,067
$
32,408
$
42,574
Basic income (loss) per share:
Income (loss) from continuing operations
$
(0.58
)
$
(0.76
)
$
0.14
$
0.77
$
1.06
Income from discontinued operations, net of
tax
$
—
$
—
$
0.18
$
0.01
$
(0.05
)
Net income (loss)
$
(0.58
)
$
(0.76
)
$
0.32
$
0.78
$
1.01
Diluted income (loss) per share:
Income (loss) from continuing operations
$
(0.58
)
$
(0.76
)
$
0.13
$
0.72
$
0.99
Income from discontinued operations, net of
tax
$
—
$
—
$
0.18
$
0.02
$
(0.05
)
Net income (loss)
$
(0.58
)
$
(0.76
)
$
0.31
$
0.74
$
0.94
Weighted average shares used in computing net
income (loss) per share applicable to common
stockholders:
Basic
39,991
38,796
40,310
41,406
41,975
Diluted
39,991
38,796
41,919
43,944
45,086
Consolidated Balance Sheets Data:
(in thousands)
June 30,
2015
2014
2013
2012
2011
Cash, cash equivalents and short-term
investments
$
119,916
$
136,849
$
191,685
$
199,468
$
203,310
Working capital
138,415
153,238
190,385
204,977
178,602
Total assets
223,922
239,841
273,669
264,779
260,627
Common stock and additional paid-in capital
140,447
129,318
118,233
118,897
115,106
Total stockholders’ equity
176,183
192,405
214,464
216,518
188,466