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Accuray Announces Results for Second Quarter of Fiscal 2011
Date:1/27/2011

es

25,78128,26250,14753,503Income (loss) from operations

3,685(2,298)(2,444)(5,920)Interest and other income, net

6764262,292911Income (loss) before provision for income taxes

4,361(1,872)(152)(5,009)Provision for (benefit from) income taxes

263(696)390(557)Net income (loss)

$
4,098$
(1,176)$
(542)$
(4,452)Net income (loss) per common share, basic and diluted:Basic

$
.07$
(0.02)$
(0.01)$
(0.08)Diluted  

$
.07$
(0.02)$
(0.01)$
(0.08)Weighted average common shares outstanding used in computing net income (loss) per share:  Basic

59,28257,40558,97557,112Diluted

61,37657,40558,97557,112Costs of revenue, selling and marketing, research and development, and general and administrative expenses include stock-based compensation charges as follows:  Costs of revenue

$
81$
445$
44$
76Selling and marketing

$
3$
55$
357$
,463Research and development

$
20$
53$
,294$
,301General and administrative

$
,041$
,496$
2,156$
2,914Accuray IncorporatedUnaudited Condensed Consolidated Balance Sheets(in thousands, except share amounts) December 31, June 30, 20102010Assets  Current assets:  Cash and cash equivalents

$
49,513$  45,434Restricted cash

2222Short-term marketable securities

102,42799,881Accounts receivable, net of allowance for doubtful accounts of $251at  December 31, 2010 and $115 at June 30, 2010

29,85637,955Inventories

35,64628,186Prepaid expenses and other current assets

8,60819,356Deferred cost of revenue—current

4,8927,889Total current assets

230,964238,723Property and equipment, net

16,59014,684Goodwill

4,4954,495Intangible assets, net

259388Deferred cost of revenue—noncurrent

2,3853,213Other assets

1,7271,681Total assets

$'/>"/>

SOURCE Accuray Incorporated
Copyright©2010 PR Newswire.
All rights reserved

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