Three Months Ended
June 30,
1998 1997
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Net revenues $178,221 $123,712
Cost of goods sold 87,589 62,312
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Gross profit 90,632 61,400
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Operating expenses:
Marketing and sales 33,644 26,636
General and administrative 15,417 11,889
Research and development 36,242 27,682
Charge for acquired in-process technology 2,279 -
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Total operating expenses 87,582 66,207
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Operating income (loss) 3,050 (4,807)
Interest and other income, net 2,815 2,550
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Income (loss) before provision for income
taxes and minority interest 5,865 (2,257)
Provision (benefit) for income taxes 1,935 (778)
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Income (loss) before minority interest 3,930 (1,479)
Minority interest in consolidated
joint venture (230) 28
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Net income (loss) $ 3,700 $ (1,451)
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Net income (loss) per share:
Basic $ 0.06 $ (0.02)
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Diluted $ 0.06 $ (0.02)
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Number of shares used in computation:
Basic 60,304 58,317
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Diluted 62,996 58,317
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