XML 106 R93.htm IDEA: XBRL DOCUMENT v3.6.0.2
Selected Quarterly Financial Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
[1]
Sep. 30, 2016
[1]
Jun. 30, 2016
[1]
Mar. 31, 2016
[1]
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Selected Quarterly Financial Information [Abstract]                              
REVENUE $ 45,029 $ 45,252 $ 47,083 $ 43,016 $ 39,838 $ 36,703 $ 35,526 $ 33,831 $ 37,151 $ 37,069 $ 34,690 $ 35,731 $ 180,380 $ 145,898 $ 144,641
GROSS MARGIN 31,195 29,782 30,301 27,621 26,516 22,982 21,554 19,667 22,635 23,799 22,384 22,473 118,899 90,719 91,291
NET INCOME (LOSS) $ 2,897 $ 2,993 $ 2,347 $ 2,541 $ 2,636 $ 2,145 $ (502) $ (274) $ 1,776 $ 2,326 $ 2,161 $ 1,059 $ 10,778 $ 4,005 $ 7,322
INCOME (LOSS) PER COMMON SHARE - DILUTED $ 0.09 $ 0.09 $ 0.07 $ 0.08 $ 0.09 $ 0.07 $ (0.02) $ (0.01) $ 0.06 $ 0.08 $ 0.08 $ 0.04 $ 0.32 [2] $ 0.14 [2] $ 0.25 [2]
Gain on sale of Medafor investment                           $ 891 $ 530
[1] In January 2016 the Company completed its acquisition of On-X Life Technologies Holdings, Inc., which is being operated as a wholly owned subsidiary of CryoLife. In 2016 the Company also sold its HeRO Graft product line and its ProCol product line, and ceased sales of these products during 2016.
[2] The Company excluded stock options from the calculation of diluted weighted-average common shares outstanding if the per share value, including the sum of (i) the exercise price of the options and (ii) the amount of the compensation cost attributed to future services and not yet recognized, was greater than the average market price of the shares, because the inclusion of these stock options would be antidilutive to income per common share. Accordingly, stock options to purchase 1,000, 710,000, and 335,000 shares for the years ended December 31, 2016, 2015, and 2014, respectively, were excluded from the calculation of diluted weighted-average common shares outstanding.