XML 17 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Revenue $ 57,909 $ 49,592
Cost of goods sold 22,586 19,735
Gross profit 35,323 29,857
Operating expenses:    
Sales and marketing 11,227 8,896
Research and product development 8,969 7,562
General and administrative 7,152 6,416
Proceeds from litigation, net 0 (639)
Total operating expenses 27,348 22,235
Operating income 7,975 7,622
Other income, net 254 147
Income before income taxes 8,229 7,769
Provision for income taxes (2,633) (2,590)
Net income $ 5,596 $ 5,179
Basic earnings per common share $ 0.61 $ 0.57
Diluted earnings per common share $ 0.58 $ 0.55
Basic weighted average shares outstanding 9,166,769 9,064,340
Diluted weighted average shares outstanding 9,581,326 9,455,518
Unrealized gain on available-for-sale securities, net of tax $ 14 $ 23
Foreign Currency Transaction Gain (Loss), before Tax (45) 0
Comprehensive income $ 5,565 $ 5,202