Selected Quarterly Financial Information

12 Months Ended

Dec. 31, 2013

Selected Quarterly Financial Information [Abstract]

Selected Quarterly Financial Information

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

(in thousands, except per share data)

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
REVENUE:
2013	$	35,536	$	33,520	$	36,250	$	35,457
2012		32,301		33,188		33,429		32,800
2011		30,196		29,379		29,654		30,397
GROSS MARGIN:
2013	$	23,276	$	21,479	$	23,349	$	22,282
2012		21,292		21,371		21,310		21,045
2011		18,504		19,053		18,912		19,375
NET INCOME:
2013	$	2,192	$	1,785	$	3,169	$	9,026	*
2012		991		3,334		1,538		2,083
2011		1,666		1,820		2,019		1,866
INCOME PER COMMON SHARE—DILUTED:
2013	$	0.08	$	0.06	$	0.11	$	0.31	*
2012		0.04		0.12		0.06		0.07
2011		0.06		0.06		0.07		0.07

*The fourth quarter 2013 net income and income per common share-diluted includes the favorable effect of a $12.7 million pre-tax gain on the sale of an investment in the common stock of Medafor, Inc. as a result of C.R. Bard, Inc. completing its acquisition of the outstanding common shares of Medafor, Inc. and the unfavorable effect of a $3.2 million other than temporary investment impairment as a result of the impairment and write-down of the Company’s investment in ValveXchange preferred stock.