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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Total Revenue $ 105,203 $ 112,236 $ 318,994 $ 332,686
Cost of sales:        
Amortization of intangibles 952 953 2,858 3,009
Total cost of sales 42,945 48,417 133,318 144,474
Gross Profit 62,258 63,819 185,676 188,212
Operating expenses:        
Sales and marketing 21,501 20,974 61,688 60,421
Research and development 15,132 14,945 44,809 44,194
General and administrative 12,717 15,424 45,987 46,983
Total operating expenses 49,350 51,343 152,484 151,598
Operating income 12,908 12,476 33,192 36,614
Other expense, net:        
Interest expense, net (3,234) (6,603) (12,592) (18,967)
Debt issuance cost write off 0 0 (9,722) 0
Other (expense) income, net (14) 15 (72) 79
Total other expense, net (3,248) (6,588) (22,386) (18,888)
Income before income taxes 9,660 5,888 10,806 17,726
Income tax provision (42) (839) 164 (679)
Net income $ 9,702 $ 6,727 $ 10,642 $ 18,405
Basic net income per common share:        
Basic (USD per share) $ 0.27 $ 0.19 $ 0.29 $ 0.51
Diluted net income per common share        
Diluted (USD per share) $ 0.26 $ 0.18 $ 0.29 $ 0.50
Weighted average common shares:        
Basic (shares) 36,375 35,889 36,266 35,761
Diluted (shares) 37,026 36,817 36,921 36,838
Product        
Revenue:        
Revenue $ 74,618 $ 81,714 $ 230,300 $ 247,288
Cost of sales:        
Cost of sales excluding amortization 35,846 40,650 111,506 120,480
Service        
Revenue:        
Revenue 30,585 30,522 88,694 85,398
Cost of sales:        
Cost of sales excluding amortization $ 6,147 $ 6,814 $ 18,954 $ 20,985