Quality Systems Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported total revenues of $111,295,000 against $108,994,000 a year ago. Loss from operations was $2,135,000 against income from operations of $23,298,000 a year ago. Loss before provision for income taxes was $2,192,000 against income before provision for income taxes of $23,594,000 a year ago. Net loss was $4,090,000 against net income of $15,073,000 a year ago. Net loss per basic and diluted share of $0.07 against net income per diluted share of $0.25 a year ago. Excluding the impairment charge, pro forma net income for fiscal 2013 was $59.1 million with fully diluted earnings per share of $0.99. Pro forma net income for the fourth quarter of fiscal 2013 was $12.3 million with fully diluted earnings per share of $0.21. For the full year, the company reported total revenues of $460,229,000 against $429,835,000 a year ago. Income from operations was $69,100,000 against $116,199,000 a year ago. Income before provision for income taxes was $68,914,000 against $116,307,000 a year ago. Net income was $42,724,000 against $75,657,000 a year ago. Net income per basic and diluted share of $0.72 against $1.28 a year ago. Pro forma net income per diluted share was $0.21. Pro forma net income was $59,106,000 or $0.99 per diluted share. The company increased its investments in software development fiscal 2013, including $29.5 million of capitalized software development versus $13.1 million in 2012. The company announced impairment of goodwill of $17,400,000 for the first quarter ended March 31, 2013.

On May 22, 2013, the Board of Quality Systems Inc. declared a quarterly cash dividend of $0.175 per share on the company's outstanding shares of common stock, payable to shareholders of record as of April 14, 2013 with an anticipated distribution date on or about July 5, 2013. The $0.175 dividend is pursuant to the company's current policy to pay a regular dividend on the company's outstanding shares of common stock each fiscal quarter subject to Board review and approval.

On May 14, 2013, Ahmed Hussein, a member of the Board of Directors of Quality Systems Inc. notified the other members of the Board via e-mail of his immediate resignation from the Board. Mr. Hussein was not a member of any committee of the Board at the time of his resignation. Mr. Hussein has made over the last 14 years.