XML 12 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net Sales $ 6,588 $ 6,159 $ 17,002 $ 17,019
Cost of goods sold 2,945 2,990 7,743 8,270
Gross margin 3,643 3,169 9,259 8,749
Operating expenses:        
Research and development 1,358 1,188 3,655 3,530
Selling, general and administrative 1,664 1,505 4,766 4,457
Total operating expenses 3,022 2,693 8,421 7,987
Operating income 621 476 838 762
Non-operating income (expense):        
Interest income 11 30 34 88
Foreign currency transaction gain (loss) (3) (50) 41 (237)
Total non-operating income (expense) 8 (20) 75 (149)
Income before income taxes 629 456 913 613
Income tax (expense) (4) (17) (12) (24)
Net income $ 625 $ 439 $ 901 $ 589
Basic earnings per share $ 0.08 $ 0.06 $ 0.11 $ 0.07
Diluted earnings per share $ 0.08 $ 0.05 $ 0.11 $ 0.07
Weighted-average basic shares 7,977 7,930 7,955 7,896
Weighted-average diluted shares 8,183 8,042 8,083 8,055