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Transactions With Related Parties | 12 Months Ended
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Dec. 31, 2018
Transactions With Related Parties [Abstract] |
Transactions With Related Parties | 18. Transactions with Related Parties ﻿ A member of our Board of Directors and a shareholder of the Company is an employee of an investment banking services company. On January 20, 2016 we acquired On-X. The investment banking company represented On-X, not us, in that acquisition, for which that investment banking services company earned $3.0 million in fees upon the close of the acquisition. We paid these fees directly to the investment banking company on behalf of On-X from the acquisition sales proceeds otherwise due On-X shareholders. ﻿ A member of our Board of Directors and a shareholder of the Company, who retired from the Board of Directors during 2018, was the former Chief of Thoracic Surgery of a university hospital that generated product and preservation services revenues of $443,000, $133,000, and $316,000 for us in 2018, 2017, and 2016, respectively. Additionally, the son of this former member of our Board of Directors receive d a retainer for performing heart and lung transplants from a medical center that generated product and preservation services revenues of $745,000, $793,000, and $479,000 for us in 2018, 2017, and 2016, respectively. ﻿ A member of our Board of Directors and a shareholder of the Company, who joined our Board of Directors during 2018, is the CEO of a hospital that generated product and preservation services revenues of $296,000 in 2018. ﻿ We expensed $23,000, $34,000, and $39,000 in 2018, 2017, and 2016, respectively, relating to supplies for clinical trials purchased from a company whose former Chief Financial Officer is a member of the Company's Board of Directors and a shareholder of the Company. ﻿ We expensed $55,000, $53,000, and $44,000 in 2018, 2017, and 2016, respectively, relating to membership fees to a medical device trade association where our President and CEO is a current member of the Board of Directors. ﻿

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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