XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Condensed Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Consolidated Condensed Statements of Operations [Abstract]        
Sales, net $ 24,034 $ 15,570 $ 66,083 $ 50,262
Cost of sales 16,469 12,028 46,261 37,789
Gross profit 7,565 3,542 19,822 12,473
Operating expenses:        
Sales and marketing 2,342 1,041 6,857 3,357
General and administrative 2,698 2,221 7,961 6,570
Research and development 1,047 1,076 3,312 3,562
Restructuring charges       132
Total operating expenses 6,087 4,338 18,130 13,621
Operating income (loss) 1,478 (796) 1,692 (1,148)
Interest expense (177) (135) (548) (387)
Other expense (337) (181) (328) (472)
Income (loss) from continuing operations before income taxes and discontinued operations 964 (1,112) 816 (2,007)
Income tax expense 47 33 165 119
Income (loss) from continuing operations before discontinued operations 917 (1,145) 651 (2,126)
Loss on sale of discontinued operations (Note 3)     (164)  
Loss from discontinued operations (Note 3)   (194) (128) (759)
Net income (loss) 917 (1,339) 359 (2,885)
Less: Loss allocated to non-controlling interest (186) (35) (925) (106)
Net income (loss) attributable to IntriCon shareholders $ 1,103 $ (1,304) $ 1,284 $ (2,779)
Basic income (loss) per share attributable to IntriCon shareholders:        
Continuing operations $ 0.16 $ (0.16) $ 0.23 $ (0.32)
Discontinued operations   (0.03) (0.04) (0.12)
Net income (loss) per share: 0.16 (0.19) 0.19 (0.44)
Diluted income (loss) per share attributable to IntriCon shareholders:        
Continuing operations 0.15 (0.16) 0.22 (0.32)
Discontinued operations   (0.03) (0.04) (0.12)
Net income (loss) per share: $ 0.15 $ (0.19) $ 0.18 $ (0.44)
Average shares outstanding:        
Basic 6,853 6,796 6,836 6,287
Diluted 7,251 6,796 7,179 6,287