XML 17 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue $ 11,703 $ 11,655 $ 22,996 $ 21,809
Cost of goods sold 4,839 4,562 9,133 8,608
Gross profit 6,864 7,093 13,863 13,201
Operating expenses:        
Sales and marketing 2,088 2,254 4,356 4,388
Research and product development 1,843 2,029 3,709 4,037
General and administrative 1,437 1,611 3,234 3,091
Proceeds from litigation, net 0 0 0 (250)
Total operating expenses 5,368 5,894 11,299 11,266
Operating income 1,496 1,199 2,564 1,935
Other income (expense), net 47 (5) 33 11
Income before income taxes 1,543 1,194 2,597 1,946
Provision for income taxes 498 544 822 818
Net income 1,045 650 1,775 1,128
Basic earnings per common share $ 0.11 $ 0.07 $ 0.19 $ 0.12
Diluted earnings per common share $ 0.11 $ 0.07 $ 0.19 $ 0.12
Basic weighted average shares outstanding 9,093,461 9,107,420 9,122,996 9,102,786
Diluted weighted average shares outstanding 9,459,495 9,226,426 9,499,452 9,224,727
Unrealized (loss) on available-for-sale securities, net of tax (87) 0 (87) 0
Comprehensive income $ 958 $ 650 $ 1,688 $ 1,128