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Accuray Announces Results for Third Quarter of Fiscal 2011
Date:5/5/2011

71927,46127,079Total operating expenses

27,83922,61777,98676,120Income (loss) from operations

(526)2,759(2,970)(3,160)Other income (loss), net

22(227)2,314684Income (loss) before provision for (benefit from) income taxes

(504)2,532(656)(2,476)Provision for (benefit from) income taxes

6562601,046(297)Net income (loss)

$ (1,160)$  2,272$ (1,702)$ (2,179)Net income (loss) per share:Basic net income (loss) per share

$   (0.02)$
.04$   (0.03)$   (0.04)Weighted average common shares used in computing basic net income (loss) per share

59,96057,85159,29857,352Diluted net income (loss) per share

$   (0.02)$
.04$   (0.03)$   (0.04)Weighted average common shares used in computing diluted net income (loss) per share

59,96060,47059,29857,352Accuray IncorporatedUnaudited Condensed Consolidated Balance Sheets(in thousands, except share amounts)March 31,June 30,20112010AssetsCurrent assets:Cash and cash equivalents

$  57,332$  45,434Restricted cash

2222Short-term available-for-sale securities

85,60399,881Accounts receivable, net of allowance for doubtful accounts of $225 and $115 at  March 31, 2011 and June 30, 2010, respectively

44,87137,955Inventories

34,40828,186Prepaid expenses and other current assets

9,15019,356Deferred cost of revenue—current

5,1317,889Total current assets

236,517238,723Deferred cost of revenue—noncurrent

2,1933,213Property and equipment, net

16,51414,684Goodwill

4,4954,495Intangible assets, net

194388Other assets

1,8161,681Total assets

$261,729$263,184Liabilities and stockholders’ equityCurrent liabilities:Accounts payable

$
9,873$  10,317Accrued compensation

9,94110,786Other accrued liabilities

7,88110,669Customer advances

13,48412,884Deferred revenu
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SOURCE Accuray Incorporated
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