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Summary of Significant Accounting Policies and Select Balance Sheet Information (Tables)
12 Months Ended
Sep. 30, 2014
Accounting Policies [Abstract]  
Amortized Cost, Unrealized Holding Gains (Losses) and Fair Value of Available-for-Sale Securities

The amortized cost, unrealized holding gains and losses, and fair value of available-for-sale securities as of September 30 were as follows (in thousands):

 

     2014  
     Amortized Cost      Unrealized Gains      Unrealized Losses     Fair Value  

U.S. government and government agency obligations

   $ 7,397       $ 12       $ (15   $ 7,394   

Mortgage-backed securities

     5,576         43         (74     5,545   

Municipal bonds

     1,173         5         (3     1,175   

Asset-backed securities

     2,370         3         (4     2,369   

Corporate bonds

     1,829         6         (5     1,830   

Equity securities

     2         1,548                1,550   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 18,347       $ 1,617       $ (101   $ 19,863   
  

 

 

    

 

 

    

 

 

   

 

 

 

 

     2013  
     Amortized Cost      Unrealized Gains      Unrealized Losses     Fair Value  

U.S. government and government agency obligations

   $ 22,889       $ 28       $ (27   $ 22,890   

Mortgage-backed securities

     8,149         118         (51     8,216   

Municipal bonds

     3,049         15         (5     3,059   

Asset-backed securities

     3,539         6         (8     3,537   

Corporate bonds

     4,896         17         (6     4,907   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 42,522       $ 184       $ (97   $ 42,609   
  

 

 

    

 

 

    

 

 

   

 

 

 
Amortized Cost and Fair Value of Available-for-Sale Debt Securities by Contractual Maturity

The amortized cost and fair value of available-for-sale debt securities by contractual maturity at September 30, 2014 were as follows (in thousands):

 

     Amortized Cost      Fair Value  

Debt securities due within:

     

One year

   $ 1,483       $ 1,490   

One to five years

     10,872         10,864   

Five years or more

     5,990         5,959   
  

 

 

    

 

 

 

Total

   $ 18,345       $ 18,313   
  

 

 

    

 

 

 
Sales of Available-for-Sale Securities

The following table summarizes sales of available-for-sale securities for the years ended September 30, 2014, 2013 and 2012 (in thousands):

 

     2014     2013     2012  

Proceeds from sales

   $ 162,673      $ 44,853      $ 43,556   

Gross realized gains

   $ 134      $ 179      $ 229   

Gross realized losses

   $ (1   $ (43   $ (1
Components of Inventories

Inventories consisted of the following components as of September 30 (in thousands):

 

     2014      2013  

Raw materials

   $ 1,056       $ 1,378   

Finished products

     1,761         1,950   
  

 

 

    

 

 

 

Total

   $ 2,817       $ 3,328   
  

 

 

    

 

 

 
Schedule of Property, Plant and Equipment

Property and equipment consisted of the following components as of September 30 (in thousands):

 

     Useful Life      2014     2013  
     (In years)               

Land

     N/A       $ 4,359      $ 4,359   

Laboratory fixtures and equipment

     3 to 10         12,858        13,594   

Buildings and improvements

     3 to 20         16,114        15,124   

Office furniture and equipment

     3 to 10         3,060        3,592   

Construction-in-progress

        1,158        529   

Less accumulated depreciation

        (24,416     (24,353
     

 

 

   

 

 

 

Property and equipment, net

      $ 13,133      $ 12,845   
     

 

 

   

 

 

 
Schedule of Other Assets Consist Principally of Strategic Investments

Other assets consisted principally of strategic investments as of September 30 as follows (in thousands):

 

     2014      2013  

CeloNova BioSciences, Inc.

   $ 1,500       $ 1,500   

ThermopeutiX, Inc.

             1,185   

ViaCyte, Inc.

     479         479   

Other

             2   
  

 

 

    

 

 

 

Other assets, net

   $ 1,979       $ 3,166   
  

 

 

    

 

 

 
Schedule of Intangible Assets

Intangible assets consisted of the following as of September 30 (in thousands):

 

     2014  
     Weighted Average
Original Life (Years)
     Gross Carrying
Amount
     Accumulated
Amortization
    Net  
Definite-lived intangible assets:                           

Customer lists

     9.0       $ 4,857       $ (3,813   $ 1,044   

Core technology

     8.0         530         (475     55   

Patents and other

     16.8         2,256         (989     1,267   
     

 

 

    

 

 

   

 

 

 

Subtotal

        7,643         (5,277     2,366   
Unamortized intangible assets:                           

Trademarks

        580                580   
     

 

 

    

 

 

   

 

 

 

Total

      $ 8,223       $ (5,277   $ 2,946   
     

 

 

    

 

 

   

 

 

 

 

     2013  
     Weighted Average
Original Life (Years)
     Gross Carrying
Amount
     Accumulated
Amortization
    Net  
Definite-lived intangible assets:                           

Customer lists

     9.0       $ 4,857       $ (3,274   $ 1,583   

Core technology

     8.0         530         (409     121   

Patents and other

     16.8         2,256         (852     1,404   
     

 

 

    

 

 

   

 

 

 

Subtotal

        7,643         (4,535     3,108   
Unamortized intangible assets:                           

Trademarks

        580                580   
     

 

 

    

 

 

   

 

 

 

Total

      $ 8,223       $ (4,535   $ 3,688   
     

 

 

    

 

 

   

 

 

 
Estimated Amortization Expense

Based on the intangible assets in service as of September 30, 2014, estimated amortization expense for each of the next five fiscal years is as follows (in thousands):

 

2015

   $ 731   

2016

     594   

2017

     183   

2018

     137   

2019

     137   
Denominator for Computation of Basic and Diluted Income Per Share

The following table sets forth the denominator for the computation of basic and diluted income per share (in thousands):

 

     2014      2013      2012  

Net income from continuing operations available to common shareholders

   $ 12,207       $ 14,579       $ 10,129   
  

 

 

    

 

 

    

 

 

 

Basic weighted average shares outstanding

     13,632         14,464         17,318   

Dilutive effect of outstanding stock options, non-vested restricted stock, restricted stock units and performance shares

     244         267         113   
  

 

 

    

 

 

    

 

 

 

Diluted weighted average shares outstanding

     13,876         14,731         17,431