XML 73 R60.htm IDEA: XBRL DOCUMENT v3.19.1
Significant Changes Due To Topic 606 (Summary of the Effects of Adoption of ASC Topic 606 on the Company's unaudited Consolidated Statements of Operations) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue, net $ 116,462 $ 90,637 $ 68,980
Cost of goods sold 79,299 63,890 52,264
Gross profit 37,163 26,747 16,716
Operating expenses:      
Sales and marketing 12,369 9,447 4,700
General and administrative 13,009 10,339 9,154
Research and development 4,671 4,458 4,688
Restructuring charges (Note 3)     132
Total operating expenses 30,049 24,244 18,674
Operating income (loss) 7,114 2,503 (1,958)
Interest expense (314) (716) (553)
Other expense (769) (367) (602)
Income (loss) from continuing operations before income taxes and discontinued operations 6,031 1,420 (3,113)
Income tax expense 484 8 217
Income (loss) from continuing operations before discontinued operations 5,547 1,412 (3,330)
Loss on sale of discontinued operations (Note 2)   (164)  
Loss from discontinued operations (Note 2)   (128) (1,770)
Net income (loss) 5,547 1,120 (5,100)
Less: Loss allocated to non-controlling interest   (938) (157)
Net income (loss) attributable to IntriCon shareholders $ 5,547 $ 2,058 $ (4,943)
Basic income (loss) per share attributable to IntriCon shareholders:      
Continuing operations $ 0.73 $ 0.34 $ (0.49)
Discontinued operations   (0.04) (0.27)
Net income (loss) per share: 0.73 0.30 (0.76)
Diluted income (loss) per share attributable to IntriCon shareholders:      
Continuing operations 0.64 0.32 (0.49)
Discontinued operations   (0.04) (0.27)
Net income (loss) per share: $ 0.64 $ 0.28 $ (0.76)
Average shares outstanding:      
Basic 7,599 6,852 6,497
Diluted 8,630 7,307 6,497
Accounting Standards Update 2014-09 [Member]      
Revenue, net   $ 90,637 $ 68,980
Cost of goods sold   63,890 52,264
Gross profit   26,747 16,716
Operating expenses:      
Sales and marketing   9,447 4,700
General and administrative   10,339 9,154
Research and development   4,458 4,688
Restructuring charges (Note 3)     132
Total operating expenses   24,244 18,674
Operating income (loss)   2,503 (1,958)
Interest expense   (716) (553)
Other expense   (367) (602)
Income (loss) from continuing operations before income taxes and discontinued operations   1,420 (3,113)
Income tax expense   8 217
Income (loss) from continuing operations before discontinued operations   1,412 (3,330)
Loss on sale of discontinued operations (Note 2)   (164)  
Loss from discontinued operations (Note 2)   (128) (1,770)
Net income (loss)   1,120 (5,100)
Less: Loss allocated to non-controlling interest   (938) (157)
Net income (loss) attributable to IntriCon shareholders   $ 2,058 $ (4,943)
Basic income (loss) per share attributable to IntriCon shareholders:      
Continuing operations   $ 0.34 $ (0.49)
Discontinued operations   (0.04) (0.27)
Net income (loss) per share:   0.30 (0.76)
Diluted income (loss) per share attributable to IntriCon shareholders:      
Continuing operations   0.32 (0.49)
Discontinued operations   (0.04) (0.27)
Net income (loss) per share:   $ 0.28 $ (0.76)
Average shares outstanding:      
Basic   6,852 6,497
Diluted   7,307 6,497
Accounting Standards Update 2014-09 [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]      
Revenue, net   $ 2,327 $ 971
Cost of goods sold   2,071 1,327
Gross profit   256 (356)
Operating expenses:      
Operating income (loss)   256 (356)
Income (loss) from continuing operations before income taxes and discontinued operations   256 (356)
Income (loss) from continuing operations before discontinued operations   256 (356)
Net income (loss)   256 (356)
Net income (loss) attributable to IntriCon shareholders   $ 256 $ (356)
Basic income (loss) per share attributable to IntriCon shareholders:      
Continuing operations   $ 0.04 $ (0.05)
Net income (loss) per share:   0.04 (0.05)
Diluted income (loss) per share attributable to IntriCon shareholders:      
Continuing operations   0.04 (0.05)
Net income (loss) per share:   $ 0.04 $ (0.05)
Average shares outstanding:      
Basic   6,852 6,497
Diluted   7,307 6,497
Accounting Standards Update 2014-09 [Member] | Calculated under Revenue Guidance in Effect before Topic 606 [Member]      
Revenue, net   $ 88,310 $ 68,009
Cost of goods sold   61,819 50,937
Gross profit   26,491 17,072
Operating expenses:      
Sales and marketing   9,447 4,700
General and administrative   10,339 9,154
Research and development   4,458 4,688
Restructuring charges (Note 3)     132
Total operating expenses   24,244 18,674
Operating income (loss)   2,247 (1,602)
Interest expense   (716) (553)
Other expense   (367) (602)
Income (loss) from continuing operations before income taxes and discontinued operations   1,164 (2,757)
Income tax expense   8 217
Income (loss) from continuing operations before discontinued operations   1,156 (2,974)
Loss on sale of discontinued operations (Note 2)   (164)  
Loss from discontinued operations (Note 2)   (128) (1,770)
Net income (loss)   864 (4,744)
Less: Loss allocated to non-controlling interest   (938) (157)
Net income (loss) attributable to IntriCon shareholders   $ 1,802 $ (4,587)
Basic income (loss) per share attributable to IntriCon shareholders:      
Continuing operations   $ 0.31 $ (0.43)
Discontinued operations   (0.04) (0.27)
Net income (loss) per share:   0.26 (0.71)
Diluted income (loss) per share attributable to IntriCon shareholders:      
Continuing operations   0.29 (0.43)
Discontinued operations   (0.04) (0.27)
Net income (loss) per share:   $ 0.25 $ (0.71)
Average shares outstanding:      
Basic   6,852 6,497
Diluted   7,307 6,497