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Accuray Announces Results for Fourth Quarter and Fiscal Year 2013
Date:8/27/2013

higher than the amount that would have been recognized by TomoTherapy if the acquisition had not occurred. Partially offsetting this deferred revenue adjustment for the three months ended June 30, 2012, Accuray recorded a reserve for returns of $1.0 million to reflect the expected return of spare parts from TomoTherapy distributors who will cease servicing TomoTherapy systems once the integration is complete and Accuray personnel begin to provide service directly to these customers. For the years ended June 30, 2013 and 2012, deferred service revenue recognized was $0.1 million and $11.5 million higher than the amount that would have been recognized by TomoTherapy if the acquisition had not occurred. Partially offsetting the $11.5 million deferred revenue adjustment for the year ended June 30, 2012, Accuray recorded a reserve for returns of $1.4 million to reflect the expected return of spare parts from TomoTherapy distributors who will cease servicing TomoTherapy systems once the integration is complete and Accuray personnel begin to provide service directly to these customers.Cost of RevenueThree months ended June 30,Three months ended June 30,Year ended June 30,Years ended June 30,201320132013201220122012201320132013201220122012GAAPAdjustmentsNon-GAAPGAAPAdjustmentsNon-GAAPGAAPAdjustmentsNon-GAAPGAAPAdjustmentsNon-GAAPProducts$  24,522$
(2,023)

 (C) 

$  22,499$   32,606$
(3,818)

 (C) 

$
28,788$
85,498$
(9,649)

(C)

$   75,849$ 136,180$  (23,796)

(C)

$ 112,384Services33,093(48)

(D)

33,04530,936875

(D)

31,811132,836(55)

(D)

132,781134,562(1,655)

(D)

132,907Other---501-501---1,209-1,209Total$  57,615$
(2,071)$  55,544$   64,043$
(2,943)$
,100$  218,334$
(9,704)$ 208,630$ 271,951$  (25,451)$ 246,500(C)


SOURCE Accuray Incorporated
Copyright©2012 PR Newswire.
All rights reserved

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