v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]        
Net revenue $ 204,271 $ 163,324 $ 632,641 $ 433,405
Cost of revenue 111,841 82,241 336,387 222,722
Gross margin 92,430 81,083 296,254 210,683
Operating expenses:        
Research and development 49,412 36,740 135,785 103,799
Selling, general, and administrative 25,856 20,183 69,825 58,099
Acquired intangibles amortization 262 262 785 763
Change in contingent consideration 53,043 237 56,731 1,100
Total operating expenses 128,573 57,422 263,126 163,761
Operating income/(loss) (36,143) 23,661 33,128 46,922
Interest income, net 516 193 1,413 627
Income/(loss) before provision/(benefit) for income taxes (35,627) 23,854 34,541 47,549
Provision/(benefit) for income taxes 4,429 (12,592) 22,324 (6,064)
Net income/(loss) $ (40,056) $ 36,446 $ 12,217 $ 53,613
Net income/(loss) per share:        
Basic $ (1.12) $ 1.13 $ 0.36 $ 1.65
Diluted $ (1.12) $ 1.07 $ 0.33 $ 1.58
Shares used in computing net income/(loss) per share:        
Basic 35,685 32,234 34,212 32,552
Diluted 35,685 34,135 36,532 33,843