Selected Quarterly Financial Information

12 Months Ended

Dec. 31, 2015

Selected Quarterly Financial Information [Abstract]

Selected Quarterly Financial Information (Unaudited)

SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

(in thousands, except per share data)

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
REVENUE:
2015	$	33,831	$	35,526	$	36,703	$	39,838
2014		35,731		34,690		37,069		37,151
2013		35,536		33,520		36,250		35,457
GROSS MARGIN:
2015	$	19,667	$	21,554	$	22,982	$	26,516
2014		22,473		22,384		23,799		22,635
2013		23,276		21,479		23,349		22,282
NET (LOSS) INCOME:
2015	$	(274)	$	(502)	$	2,145	$	2,636
2014		1,059		2,161		2,326		1,776
2013		2,192		1,785		3,169		9,026	*
(LOSS) INCOME PER COMMON SHARE—DILUTED:
2015	$	(0.01)	$	(0.02)	$	0.07	$	0.09
2014		0.04		0.08		0.08		0.06
2013		0.08		0.06		0.11		0.31	*

*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.