Selected Quarterly Financial Information

12 Months Ended

Dec. 31, 2014

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:
2014	$	35,731	$	34,690	$	37,069	$	37,151
2013		35,536		33,520		36,250		35,457
2012		32,301		33,188		33,429		32,800
GROSS MARGIN:
2014	$	22,473	$	22,384	$	23,799	$	22,635
2013		23,276		21,479		23,349		22,282
2012		21,292		21,371		21,310		21,045
NET INCOME:
2014	$	1,059	$	2,161	$	2,326	$	1,776
2013		2,192		1,785		3,169		9,026	*
2012		991		3,334		1,538		2,083
INCOME PER COMMON SHARE—DILUTED:
2014	$	0.04	$	0.08	$	0.08	$	0.06
2013		0.08		0.06		0.11		0.31	*
2012		0.04		0.12		0.06		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.’s 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.