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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Allowance for Doubtful Accounts

For the years ended December 31, 2013, 2012 and 2011, the allowance for doubtful accounts was as follows (in thousands):

 

     2013     2012     2011  

Balance at beginning of year

   $ 374      $ 337      $ 499   

Provision (benefit) charged to selling, general and administrative expense

     325        185        (61

Allowance resulting from acquisition

     117        —         —    

Write-offs, net of recoveries of amounts previously reserved

     (187     (162     (102

Exchange rate changes

     22        14        1   
  

 

 

   

 

 

   

 

 

 

Balance at end of year

   $ 651      $ 374      $ 337   
  

 

 

   

 

 

   

 

 

 
Laser Quantum
 
Summary of Financial Information of Laser Quantum - Income Statement

The summarized financial information for Laser Quantum is as follows (in thousands):

 

     Year Ended December 31,  
     2013      2012      2011  

Sales

   $ 16,269       $ 13,039       $ 18,384   

Income from operations

   $ 4,720       $ 3,592       $ 3,994   

Net income

   $ 3,745       $ 2,215       $ 4,684   
Summary of Financial Information of Laser Quantum - Balance Sheet
     2013      2012  

Total assets

   $ 20,990       $ 21,596   

Total liabilities

   $ 4,240       $ 5,330