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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Schedule of Inventory
At December 31, 2014 and 2013, inventory consisted of the following (in thousands):

 
2014
 
2013
Raw materials
$
25,984

 
$
20,524

Work in process
6,640

 
6,308

Total
$
32,624

 
$
26,832

Schedule of Finite-Lived Intangible Assets By Major Asset Class
The following table represents the identified intangible assets by major asset class (in thousands):

 
 
 
 
December 31, 2014
 
December 31, 2013
 
 
 
 
 
Useful Life (years)
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Book Value
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Book Value
Developed Technology
 
20
 
2,505

 
1,257

 
1,248

 
2,505

 
1,132

 
1,373

Trade Name
 
Indefinite
 
654

 

 
654

 
654

 

 
654

Total
 
 
 
$
3,159

 
$
1,257

 
$
1,902

 
$
3,159

 
$
1,132

 
$
2,027



Schedule of Indefinite-Lived Intangible Assets By Major Asset Class
The following table represents the identified intangible assets by major asset class (in thousands):

 
 
 
 
December 31, 2014
 
December 31, 2013
 
 
 
 
 
Useful Life (years)
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Book Value
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Book Value
Developed Technology
 
20
 
2,505

 
1,257

 
1,248

 
2,505

 
1,132

 
1,373

Trade Name
 
Indefinite
 
654

 

 
654

 
654

 

 
654

Total
 
 
 
$
3,159

 
$
1,257

 
$
1,902

 
$
3,159

 
$
1,132

 
$
2,027

Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
Net income
$
14,128

 
$
14,390

 
$
12,685

Denominator for basic net income per common share:
 

 
 

 
 
Weighted average common shares outstanding
12,434

 
12,324

 
12,220

Denominator for diluted net income per share:
 

 
 

 
 
Weighted average common shares outstanding
12,434

 
12,324

 
12,220

Dilutive effect of stock options and restricted shares
287

 
226

 
100

Diluted weighted average shares
12,721

 
12,550

 
12,320

Earnings per common share:
 

 
 

 
 
Basic
$
1.14

 
$
1.17

 
$
1.04

Diluted
$
1.11

 
$
1.15

 
$
1.03