Annual report pursuant to Section 13 and 15(d)

UNAUDITED QUARTERLY FINANCIAL DATA

v3.4.0.3
UNAUDITED QUARTERLY FINANCIAL DATA
 12 Months Ended
Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
UNAUDITED QUARTERLY FINANCIAL DATA
UNAUDITED QUARTERLY FINANCIAL DATA
 
For the year ended March 31, 2016
(In thousands, except per share data)
1st
Quarter
 
2nd
Quarter
 
3rd
Quarter
 
4th
Quarter
Revenue
$
110,856

 
$
117,025

 
$
128,048

 
$
120,029

Gross margin
46,965

 
46,317

 
56,697

 
54,773

Net loss
(10,755
)
 
(11,227
)
 
(299
)
 
(52,402
)
Basic and diluted net loss per share
(0.04
)
 
(0.04
)
 
(0.00)

 
(0.20
)
 
For the year ended March 31, 2015
 
1st
Quarter
 
2nd
Quarter
 
3rd
Quarter
 
4th
Quarter
Revenue
$
128,128

 
$
135,106

 
$
142,063

 
$
147,798

Gross margin
55,526

 
61,929

 
65,067

 
62,164

Net income (loss)
(4,324
)
 
1,248

 
6,931

 
12,905

Basic net income (loss) per share
(0.02
)
 
0.00

 
0.03

 
0.05

Diluted net income (loss) per share
(0.02
)
 
0.00

 
0.03

 
0.04


Net income for fiscal 2015 included a $13.6 million gain on the sale of our investment in a privately held company which was recorded in the fourth quarter of fiscal 2015. Net loss for fiscal 2016 included a $55.6 million goodwill impairment charge which was recorded in the fourth quarter of fiscal 2016.