XML 37 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2016
Summary of Significant Accounting Policies [Abstract]  
Schedule of sales to significant customers
    Three-Month Periods
Ended June 30,		     Six-Month Periods
Ended June 30,		  
    2016     2015     2016     2015  
Animal Health International, Inc.(1)     42 %     42 %     39 %     42 %
MWI Animal Health(2)     20 %     13 %     20 %     21 %
Robert J. Matthews Company     *       11 %     *       *  

Schedule of accounts receivable due from significant customers
    As of 
June 30,
2016		     As of 
December 31, 2015		  
Animal Health International, Inc.(1)     38 %     26 %
MWI Animal Health(2)     21 %     27 %
ANIMART LLC(3)     *       11 %

 

(1) During June 2015, Patterson Companies, Inc. (NASDAQ: PDCO) acquired Animal Health International, Inc.

(2) During March 2015, AmerisourceBergen Corporation (NYSE: ABC) acquired MWI Animal Health.

(3) Assumes that the acquisition of Animal Medic by ANIMART LLC had occurred as of the beginning of the periods being reported.

 

*Amount is less than 10%.
Schedule of weighted average and diluted number of shares outstanding
    Three-Month Periods Ended June 30,     Six-Month Periods Ended
June 30,		  
    2016     2015     2016     2015  
Weighted average number of shares outstanding     4,178,855       3,034,539       4,005,956       3,030,962  
Effect of dilutive stock options     0       121,124       111,032       118,678  
Diluted number of shares outstanding     4,178,855       3,155,663       4,116,988       3,149,640  
Outstanding stock options not included in the calculation because the effect would be anti-dilutive     270,000       5,000       49,000       7,000