XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
May 31, 2013
May 31, 2012
May 31, 2013
May 31, 2012
CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)        
Net sales $ 30,874 $ 28,640 $ 60,304 $ 54,602
Cost of goods sold 17,369 15,080 32,484 27,958
Gross profit 13,505 13,560 27,820 26,644
Operating expenses        
Selling, general and administrative 10,840 10,148 22,327 21,157
Depreciation and amortization 542 340 1,034 616
Contingent consideration buy-out expense     8,732  
Total operating expenses 11,382 10,488 32,093 21,773
Operating income (loss) 2,123 3,072 (4,273) 4,871
Interest expense 127 103 197 214
Income (loss) before provision for taxes 1,996 2,969 (4,470) 4,657
Income tax expense 823 1,551 745 2,445
Net income (loss) and comprehensive income (loss) $ 1,173 $ 1,418 $ (5,215) $ 2,212
Earnings (loss) per common share - basic (in dollars per share) $ 0.02 $ 0.02 $ (0.08) $ 0.03
Earnings (loss) per common share - diluted (in dollars per share) $ 0.02 $ 0.02 $ (0.08) $ 0.03
Weighted average shares outstanding        
Basic (in shares) 67,047 65,234 66,849 65,139
Diluted (in shares) 68,411 66,459 66,849 65,836