2013 Q3 Form 10-Q Financial Statement
#000115752313003914 Filed on August 06, 2013
Income Statement
Concept | 2013 Q3 | 2013 Q2 | 2013 Q1 |
---|---|---|---|
Revenue | $17.75M | $20.83M | $15.25M |
YoY Change | 20.2% | 6.13% | 6.17% |
Cost Of Revenue | $5.380M | $6.311M | $4.841M |
YoY Change | -25.5% | -21.93% | -24.52% |
Gross Profit | $12.38M | $14.52M | $10.41M |
YoY Change | 81.14% | 34.44% | 44.53% |
Gross Profit Margin | 69.75% | 69.7% | 68.25% |
Selling, General & Admin | $3.190M | $3.401M | $3.947M |
YoY Change | -11.43% | -17.23% | 17.79% |
% of Gross Profit | 25.77% | 23.43% | 37.93% |
Research & Development | $1.620M | $1.829M | $1.583M |
YoY Change | 33.1% | 40.89% | 3.25% |
% of Gross Profit | 13.09% | 12.6% | 15.21% |
Depreciation & Amortization | $1.310M | $1.070M | $1.202M |
YoY Change | 11.02% | -10.08% | 21.81% |
% of Gross Profit | 10.58% | 7.37% | 11.55% |
Operating Expenses | $4.810M | $5.230M | $5.530M |
YoY Change | -0.18% | -3.27% | 13.22% |
Operating Profit | $7.570M | $9.398M | $5.011M |
YoY Change | 177.62% | 53.22% | 63.61% |
Interest Expense | -$30.00K | -$36.38K | -$39.56K |
YoY Change | -33.57% | -25.95% | -22.74% |
% of Operating Profit | -0.4% | -0.39% | -0.79% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $7.730M | $9.362M | $4.972M |
YoY Change | 188.26% | 53.86% | 65.08% |
Income Tax | $2.780M | $3.467M | $1.904M |
% Of Pretax Income | 35.96% | 37.03% | 38.29% |
Net Earnings | $4.960M | $5.895M | $3.068M |
YoY Change | 201.47% | 57.75% | 60.45% |
Net Earnings / Revenue | 27.94% | 28.3% | 20.12% |
Basic Earnings Per Share | $0.44 | $0.23 | |
Diluted Earnings Per Share | $331.6K | $0.40 | $0.21 |
COMMON SHARES | |||
Basic Shares Outstanding | 13.66M shares | 13.51M shares | 13.41M shares |
Diluted Shares Outstanding | 14.58M shares | 14.36M shares |
Balance Sheet
Concept | 2013 Q3 | 2013 Q2 | 2013 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $64.10M | $54.10M | $51.00M |
YoY Change | 60.65% | 42.74% | 50.0% |
Cash & Equivalents | $64.10M | $54.14M | $50.97M |
Short-Term Investments | |||
Other Short-Term Assets | $2.900M | $2.900M | $3.000M |
YoY Change | -12.12% | -9.38% | -21.05% |
Inventory | $11.60M | $10.36M | $9.948M |
Prepaid Expenses | |||
Receivables | $16.50M | $19.07M | $14.78M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $95.00M | $86.47M | $78.69M |
YoY Change | 38.88% | 24.25% | 22.96% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $33.30M | $33.85M | $34.48M |
YoY Change | -7.34% | -7.07% | -6.05% |
Goodwill | $8.923M | $8.792M | |
YoY Change | 3.43% | -3.91% | |
Intangibles | $19.00M | $19.23M | |
YoY Change | -11.67% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $100.0K | $200.0K | $200.0K |
YoY Change | -50.0% | 0.0% | 0.0% |
Total Long-Term Assets | $61.90M | $61.92M | $62.66M |
YoY Change | -6.88% | -7.27% | -9.45% |
TOTAL ASSETS | |||
Total Short-Term Assets | $95.00M | $86.47M | $78.69M |
Total Long-Term Assets | $61.90M | $61.92M | $62.66M |
Total Assets | $156.9M | $148.4M | $141.4M |
YoY Change | 16.33% | 8.81% | 6.12% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.100M | $2.700M | $2.697M |
YoY Change | 10.09% | -31.51% | -30.86% |
Accrued Expenses | $5.200M | $4.504M | $4.253M |
YoY Change | 18.48% | 5.33% | -1.1% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.600M | $1.600M | $1.600M |
YoY Change | 0.0% | 0.0% | 0.0% |
Total Short-Term Liabilities | $10.40M | $11.70M | $10.74M |
YoY Change | -14.44% | -23.09% | -16.74% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $6.800M | $7.200M | $7.600M |
YoY Change | -19.05% | -18.18% | -17.39% |
Other Long-Term Liabilities | $3.200M | $1.264M | $1.294M |
YoY Change | 107.9% | -17.63% | -78.07% |
Total Long-Term Liabilities | $10.00M | $8.464M | $8.894M |
YoY Change | 0.61% | -18.1% | -41.1% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.40M | $11.70M | $10.74M |
Total Long-Term Liabilities | $10.00M | $8.464M | $8.894M |
Total Liabilities | $28.70M | $20.17M | $19.63M |
YoY Change | 29.9% | -21.07% | -43.9% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $54.97M | $49.08M | |
YoY Change | 37.77% | ||
Common Stock | $140.2K | $140.1K | |
YoY Change | 1.83% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $128.2M | $119.4M | $112.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $156.9M | $148.4M | $141.4M |
YoY Change | 16.33% | 8.81% | 6.12% |
Cashflow Statement
Concept | 2013 Q3 | 2013 Q2 | 2013 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $4.960M | $5.895M | $3.068M |
YoY Change | 201.47% | 57.75% | 60.45% |
Depreciation, Depletion And Amortization | $1.310M | $1.070M | $1.202M |
YoY Change | 11.02% | -10.08% | 21.81% |
Cash From Operating Activities | $7.530M | $3.560M | $6.069M |
YoY Change | 240.72% | -31.8% | -459.18% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$130.0K | -$70.00K | $35.80K |
YoY Change | -7.14% | -92.47% | -84.02% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $280.0K | $110.0K | $140.0K |
YoY Change | |||
Cash From Investing Activities | $160.0K | $40.00K | $99.81K |
YoY Change | -214.29% | -104.3% | -144.54% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $400.0K | ||
YoY Change | 0.0% | ||
Cash From Financing Activities | 2.160M | -420.0K | 761.7K |
YoY Change | -1450.0% | 16.67% | 600.49% |
NET CHANGE | |||
Cash From Operating Activities | 7.530M | 3.560M | 6.069M |
Cash From Investing Activities | 160.0K | 40.00K | 99.81K |
Cash From Financing Activities | 2.160M | -420.0K | 761.7K |
Net Change In Cash | 9.850M | 3.180M | 6.930M |
YoY Change | 415.71% | -19.08% | -483.96% |
FREE CASH FLOW | |||
Cash From Operating Activities | $7.530M | $3.560M | $6.069M |
Capital Expenditures | -$130.0K | -$70.00K | $35.80K |
Free Cash Flow | $7.660M | $3.630M | $6.033M |
YoY Change | 225.96% | -40.98% | -415.25% |
Facts In Submission
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---|---|---|---|---|
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Area Of Land
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|
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Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
3800000 | shares |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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Common Stock Shares Authorized
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Common Stock Par Or Stated Value Per Share
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dei |
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|
ANIK | ||
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|
ANIKA THERAPEUTICS INC | ||
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Accelerated Filer | ||
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2013 | ||
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10-Q | ||
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2013-06-30 | ||
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--12-31 | ||
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Q2 | ||
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NatureOfOperations
|
<div> <div style="TEXT-INDENT: 0pt; DISPLAY: block"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"> 1.             Nature of Business</font></div> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> </div> </div> <div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Anika Therapeutics, Inc. (together with its subsidiaries, “Anika,” the “Company,” “we,” “us,” or “our”) develops, manufactures and commercializes therapeutic products for tissue protection, healing, and repair. These products are based on hyaluronic acid (“HA”), a naturally occurring, biocompatible polymer found throughout the body. Due to its unique biophysical and biochemical properties, HA plays an important role in a number of physiological functions such as the protection and lubrication of soft tissues and joints, the maintenance of the structural integrity of tissues, and the transport of molecules to and within cells.</font></div> <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br /></div> <div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company is subject to risks common to companies in the biotechnology and medical device industries including, but not limited to, development by the Company or its competitors of new technological innovations, dependence on key personnel, protection of proprietary technology, commercialization of existing and new products, and compliance with the U.S. Food and Drug Administration (“FDA”) and foreign regulations and approval requirements as well as the ability to grow the Company’s business.</font></div> </div> | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.62 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14484978 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5760 | pure | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1025929 | shares | |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
500000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0070 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.375 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | ||
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y10M24D | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13459049 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0061 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
374500 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
9632926 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
459969 | shares | |
us-gaap |
Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
|
|||
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
246785 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-1430484 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1270885 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-440210 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
878228 | ||
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-271532 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1127875 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2270895 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
7596 | ||
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
659110 | ||
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
36075388 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
109871 | ||
us-gaap |
Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
|
8441 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-16998 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
14333977 | ||
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
34561896 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
800000 | ||
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-75939 | ||
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1513492 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-409355 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1796522 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-703303 | ||
us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
|||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
8553539 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
14409916 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
8962894 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2324269 | ||
us-gaap |
Inventory Write Down
InventoryWriteDown
|
229885 | ||
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
11152502 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-269149 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
21665472 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
335471 | ||
us-gaap |
Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
|
7596 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
788326 | ||
us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
-142694 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
10072982 | ||
us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
1127875 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
7347793 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5371083 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-32329 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1034408 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
246785 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
788326 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
136914 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3411962 | ||
anik |
Intangible Assets Translation Adjustments
IntangibleAssetsTranslationAdjustments
|
-2701704 | ||
anik |
Percentage Of Net Revenue
PercentageOfNetRevenue
|
1.00 | pure | |
anik |
Sharebased Compensation Arrangement By Sharebased Payment Award Options And Stock Appreciation Rights Exercises In Period Total Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriodTotalIntrinsicValue
|
599010 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0064 | pure | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14302439 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5760 | pure | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1090015 | shares | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.379 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3534789 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
126124 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13212424 | shares | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
33985429 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1145493 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-16997 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
9096598 | ||
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
32495605 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
800000 | ||
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-100332 | ||
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1489824 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-843743 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
892265 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-590614 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
4805244 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
9196930 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
5648987 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3713817 | ||
us-gaap |
Inventory Write Down
InventoryWriteDown
|
164300 | ||
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
14497707 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
14036 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
24788499 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-252642 | ||
us-gaap |
Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
|
400325 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
633073 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
135353 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2132386 | ||
us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
147033 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
7459519 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3447611 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-4268 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-1433334 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-920168 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
1679579 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-170035 | ||
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-335 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
147033 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2182129 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
400325 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1022984 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
633073 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1145493 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2831273 | ||
anik |
Percentage Of Net Revenue
PercentageOfNetRevenue
|
1.00 | pure | |
anik |
Sharebased Compensation Arrangement By Sharebased Payment Award Options And Stock Appreciation Rights Exercises In Period Total Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriodTotalIntrinsicValue
|
1241759 | ||
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
650000 | shares |
CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.26 | |
CY2012Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14443794 | shares |
CY2012Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1181771 | shares |
CY2012Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.386 | pure |
CY2012Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P0Y | |
CY2012Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
99245 | shares |
CY2012Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13262023 | shares |
CY2012Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
19624769 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6084741 | |
CY2012Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
18882277 | |
CY2012Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-49129 | |
CY2012Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
742492 | |
CY2012Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1600204 | |
CY2012Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2136664 | |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6133870 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3736868 | |
CY2012Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
8084226 | |
CY2012Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
13490899 | |
CY2012Q2 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
32377 | |
CY2012Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4108503 | |
CY2012Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2347873 | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5760 | pure |
CY2013Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1068354 | shares |
CY2013Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.370 | pure |
CY2012Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
506706 | |
CY2012Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
312563 | |
CY2012Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1298170 | |
CY2012Q2 | anik |
Percentage Of Net Revenue
PercentageOfNetRevenue
|
1.00 | pure |
CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.44 | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0065 | pure |
CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14578927 | shares |
CY2013Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure |
CY2013Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
469618 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
20000 | shares |
CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13510573 | shares |
CY2013Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
20828377 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
9362111 | |
CY2013Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
20067407 | |
CY2013Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-36381 | |
CY2013Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
760970 | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
340095 | |
CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
6234987 | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
9398492 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5894892 | |
CY2013Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
6311332 | |
CY2013Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
11429885 | |
CY2013Q2 | us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
131032 | |
CY2013Q2 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
30859 | |
CY2013Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3400679 | |
CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3467219 | |
CY2013Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
514425 | |
CY2013Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
111178 | |
CY2013Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
365367 | |
CY2013Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1829052 | |
CY2013Q2 | anik |
Percentage Of Net Revenue
PercentageOfNetRevenue
|
1.00 | pure |
CY2012Q4 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
2500000 |