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Consolidated Statements of Earnings (unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net revenue:        
Product revenue $ 31,766,000 $ 27,926,000 $ 92,216,000 $ 81,197,000
License, royalty and collaboration revenue 163,000 83,000 297,000 230,000
Total revenue 31,929,000 28,009,000 92,513,000 81,427,000
Product costs and operating expenses:        
Cost of goods sold 10,291,000 9,197,000 30,158,000 26,432,000
Collaboration expenses 93,000 32,000 125,000 41,000
Research and development 3,322,000 3,140,000 9,839,000 10,027,000
Clinical and regulatory 1,196,000 997,000 3,771,000 3,259,000
Sales and marketing 7,327,000 6,706,000 22,406,000 20,462,000
General and administrative 3,692,000 2,362,000 9,282,000 6,871,000
Litigation 0 812,000 0 812,000
Medical device excise taxes 385,000 339,000 1,083,000 995,000
Amortization of purchased technology and intangibles 410,000 404,000 1,234,000 1,162,000
Total product costs and operating expenses 26,716,000 23,989,000 77,898,000 70,061,000
Operating earnings 5,213,000 4,020,000 14,615,000 11,366,000
Other earnings (expenses):        
Interest expense 0 (3,000) 0 (9,000)
Foreign exchange gain (loss) (9,000) 7,000 (8,000) (2,000)
Earnings before income taxes 5,204,000 4,024,000 14,607,000 11,355,000
Income tax expense (2,634,000) (1,352,000) (6,033,000) (3,750,000)
Net earnings $ 2,570,000 $ 2,672,000 $ 8,574,000 $ 7,605,000
Net earnings per share - basic (in dollars per share) $ 0.15 $ 0.16 $ 0.51 $ 0.47
Net earnings per share - diluted (in dollars per share) $ 0.15 $ 0.16 $ 0.49 $ 0.45