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Accuray Announces Results for First Quarter Fiscal 2012
Date:11/8/2011

0;Selling and marketing

13,5817,760Research and development

20,5658,047General and administrative

14,9698,559Total operating expenses

49,11524,366Loss from operations

(24,687)(6,129)Other income (expense), net

(2,858)1,616Loss before provision for income taxes

(27,545)(4,513)Provision for income taxes

538127Net loss

(28,083)(4,640)Noncontrolling interest

(1,573)-Net loss attributable to stockholders

$(26,510)$ (4,640)Net loss per common share, basic and diluted:Basic

$
(0.38)$   (0.08)Diluted  

$
(0.38)$   (0.08)Weighted average common shares outstanding used in computing net loss per share:  Basic

70,26358,667Diluted

70,26358,667Cost of revenue, selling and marketing, research and development, and general and administrative expenses include stock-based compensation charges as follows:  Cost of revenue

$
558$
463Selling and marketing

$
229$
244Research and development

$
2$
74General and administrative

$
,220$  1,115Accuray IncorporatedUnaudited Condensed Consolidated Balance Sheets(in thousands, except share amounts) September 30, June 30, 20112011Assets  Current assets:  Cash and cash equivalents

$
40,150$  95,906Restricted cash

3,2843,172Accounts receivable, net of allowance for doubtful accounts of $1,066 and $324at September 30, 2011 and June 30, 2011, respectively

77,91361,853Inventories

83,31897,836Prepaid expenses and other current assets

17,86821,115Deferred cost of revenue—current

8,6905,840Total current assets

331,223285,722Property and equipment, net

41,96344,823Goodwill

55,85854,474Intangible assets, net

61,95266,039Deferred cost of revenue—noncurrent

3,1292,258Other assets

5,9102,468Total assets

$
500,035$455,784Liabi
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SOURCE Accuray Incorporated
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