XML 63 R21.htm IDEA: XBRL DOCUMENT v3.3.0.814
Organization and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Net Sales by Geographic Area
For the three and nine months ended September 30, 2015 and 2014, net sales by geographic area were as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
United States
$
43,689

 
86.7
%
 
$
37,605

 
84.8
%
 
$
117,885

 
83.1
%
 
$
95,336

 
81.0
%
Other Countries
6,687

 
13.3

 
6,744

 
15.2

 
23,966

 
16.9

 
22,373

 
19.0

Total
$
50,376

 
100.0
%
 
$
44,349

 
100.0
%
 
$
141,851

 
100.0
%
 
$
117,709

 
100.0
%
Weighted Average Number of Shares Outstanding and Income Per Share
The calculation of the weighted average number of shares outstanding and earnings per share are as follows (in thousands except per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
 
Net income
$
1,521

 
$
7,558

 
$
14,829

 
$
14,832

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
53,709

 
52,475

 
53,509

 
53,013

Dilutive effect of stock-based awards
982

 
1,346

 
1,162

 
1,537

Diluted weighted average shares outstanding
54,691

 
53,821

 
54,671

 
54,550

Anti-dilutive stock-based awards excluded
160

 
336

 
160

 
328

Net income per common share:
 
 
 
 
 
 
 
Basic
$
0.03

 
$
0.14

 
$
0.28

 
$
0.28

Diluted
$
0.03

 
$
0.14

 
$
0.27

 
$
0.27

Summary of Changes in Estimated Product Warranty Liabilities
Changes in the Company’s estimated product warranty liabilities are as follows (in thousands):
 
Nine Months Ended September 30,
 
2015
 
2014
Balance, beginning of period
$
675

 
$
955

Utilization of accrual
(293
)
 
(646
)
Warranty expense
19

 
517

Balance, end of period
$
401

 
$
826