2013 Q4 Form 10-Q Financial Statement

#000119312513421980 Filed on November 01, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $21.88M $20.15M $16.14M
YoY Change 19.17% 24.83% 6.04%
Cost Of Revenue $6.220M $5.461M $4.590M
YoY Change 16.04% 18.98% 10.87%
Gross Profit $15.67M $14.69M $11.55M
YoY Change 20.51% 27.15% 4.14%
Gross Profit Margin 71.6% 72.89% 71.56%
Selling, General & Admin $16.86M $14.06M $11.17M
YoY Change 41.8% 25.86% 21.31%
% of Gross Profit 107.6% 95.76% 96.74%
Research & Development $3.650M $3.237M $2.905M
YoY Change 22.9% 11.43% -5.37%
% of Gross Profit 23.29% 22.04% 25.15%
Depreciation & Amortization $550.0K $510.0K $460.0K
YoY Change 44.74% 10.87% 9.52%
% of Gross Profit 3.51% 3.47% 3.98%
Operating Expenses $20.50M $17.30M $14.08M
YoY Change 37.95% 22.88% 14.74%
Operating Profit -$4.838M -$2.614M -$2.529M
YoY Change 161.23% 3.36% 114.32%
Interest Expense -$130.0K $123.0K $190.0K
YoY Change -27.78% -35.26% -226.67%
% of Operating Profit
Other Income/Expense, Net -$10.00K -$9.000K $160.0K
YoY Change -125.0% -105.63% -20.0%
Pretax Income -$4.980M -$2.744M -$2.556M
YoY Change 150.25% 7.36% 124.21%
Income Tax $0.00 $4.000K $11.00K
% Of Pretax Income
Net Earnings -$4.980M -$2.748M -$2.567M
YoY Change 146.53% 7.05% 121.29%
Net Earnings / Revenue -22.76% -13.64% -15.91%
Basic Earnings Per Share
Diluted Earnings Per Share -$239.5K -$132.7K -$157.9K
COMMON SHARES
Basic Shares Outstanding 21.02M shares 20.98M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.20M $29.70M $13.00M
YoY Change 118.33% 128.46% -14.47%
Cash & Equivalents $14.89M $25.82M $8.203M
Short-Term Investments $11.30M $3.900M $4.800M
Other Short-Term Assets $2.410M $779.0K $800.0K
YoY Change 176.06% -2.63% -27.27%
Inventory $10.21M $7.062M $6.900M
Prepaid Expenses
Receivables $13.65M $11.03M $9.400M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $52.49M $48.56M $30.10M
YoY Change 83.91% 61.32% -5.05%
LONG-TERM ASSETS
Property, Plant & Equipment $5.643M $4.135M $3.200M
YoY Change 64.52% 29.22% 52.38%
Goodwill $35.39M
YoY Change
Intangibles $10.30M $23.00K
YoY Change 32084.38%
Long-Term Investments $7.900M $4.700M $0.00
YoY Change
Other Assets $218.0K $244.0K $400.0K
YoY Change -49.3% -39.0% 100.0%
Total Long-Term Assets $59.46M $9.080M $3.600M
YoY Change 1427.75% 152.22% 50.0%
TOTAL ASSETS
Total Short-Term Assets $52.49M $48.56M $30.10M
Total Long-Term Assets $59.46M $9.080M $3.600M
Total Assets $111.9M $57.64M $33.70M
YoY Change 245.19% 71.03% -1.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.605M $5.720M $4.800M
YoY Change 68.63% 19.17% 0.0%
Accrued Expenses $16.07M $8.518M $4.800M
YoY Change 216.78% 77.46% 33.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M
YoY Change 33.33%
Total Short-Term Liabilities $26.71M $16.28M $11.60M
YoY Change 118.87% 40.3% 16.0%
LONG-TERM LIABILITIES
Long-Term Debt $4.400M $4.900M $6.900M
YoY Change -31.25% -28.99% 30.19%
Other Long-Term Liabilities $8.218M $195.0K $1.700M
YoY Change 523.05% -88.53% -39.29%
Total Long-Term Liabilities $8.218M $195.0K $8.600M
YoY Change 523.05% -97.73% 6.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.71M $16.28M $11.60M
Total Long-Term Liabilities $8.218M $195.0K $8.600M
Total Liabilities $39.34M $21.39M $20.20M
YoY Change 97.4% 5.9% 12.22%
SHAREHOLDERS EQUITY
Retained Earnings -$122.2M -$117.2M
YoY Change 10.35%
Common Stock $23.00K $21.00K
YoY Change 35.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $72.60M $36.25M $13.60M
YoY Change
Total Liabilities & Shareholders Equity $111.9M $57.64M $33.70M
YoY Change 245.19% 71.03% -1.17%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$4.980M -$2.748M -$2.567M
YoY Change 146.53% 7.05% 121.29%
Depreciation, Depletion And Amortization $550.0K $510.0K $460.0K
YoY Change 44.74% 10.87% 9.52%
Cash From Operating Activities -$3.060M $670.0K -$470.0K
YoY Change 1510.53% -242.55% 30.56%
INVESTING ACTIVITIES
Capital Expenditures -$930.0K -$740.0K -$970.0K
YoY Change 50.0% -23.71% 361.9%
Acquisitions
YoY Change
Other Investing Activities -$7.010M -$4.640M $1.460M
YoY Change -1268.33% -417.81% 180.77%
Cash From Investing Activities -$7.940M -$5.370M $470.0K
YoY Change 79300.0% -1242.55% 56.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 280.0K -510.0K -520.0K
YoY Change -207.69% -1.92% -11.86%
NET CHANGE
Cash From Operating Activities -3.060M 670.0K -470.0K
Cash From Investing Activities -7.940M -5.370M 470.0K
Cash From Financing Activities 280.0K -510.0K -520.0K
Net Change In Cash -10.72M -5.210M -520.0K
YoY Change 2230.43% 901.92% -20.0%
FREE CASH FLOW
Cash From Operating Activities -$3.060M $670.0K -$470.0K
Capital Expenditures -$930.0K -$740.0K -$970.0K
Free Cash Flow -$2.130M $1.410M $500.0K
YoY Change -595.35% 182.0% -433.33%

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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
446000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y3M18D
us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
<div> <p style="MARGIN-TOP: 12pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <b><i>Sales Returns and Allowances</i></b>&#x2014;The Company maintains a provision for sales returns and allowances to account for potential returns of defective or damaged products, products shipped in error and price adjustments. The Company estimates such provision quarterly based primarily on a specific identification basis, in addition to estimating a general reserve. Increases to the provision result in a reduction of revenue. The provision is included in accrued liabilities in the Condensed Consolidated Balance Sheets.</p> </div>
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y7M6D
us-gaap Share Based Goods And Nonemployee Services Transaction Shares Approved For Issuance
ShareBasedGoodsAndNonemployeeServicesTransactionSharesApprovedForIssuance
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Description And Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationDescriptionAndTerms
Participants may not purchase more than $25 of the Company's common stock in a calendar year and, effective January 1, 2009, may not purchase more than 1.5 shares during an offering period
us-gaap Use Of Estimates
UseOfEstimates
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us-gaap Fair Value Assumptions Expected Dividend Rate
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582000
us-gaap Revenues
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Gross Profit
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184000
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Interest Expense
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428000
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us-gaap Proceeds From Issuance Of Common Stock
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2000
us-gaap Royalty Expense
RoyaltyExpense
733000
us-gaap Net Income Loss
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AccretionAmortizationOfDiscountsAndPremiumsInvestments
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1313000
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us-gaap Loss Contingency Damages Paid Value
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2838000
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-207000
us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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CostOfRevenue
16111000
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us-gaap Research And Development Expense
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
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us-gaap Amortization Of Financing Costs
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4000
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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611000
us-gaap Share Based Compensation
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18068000
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
399000
us-gaap Increase Decrease In Accrued Liabilities
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2317000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
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us-gaap Depreciation
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2072000
us-gaap Operating Expenses
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us-gaap Selling General And Administrative Expense
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PercentageOfExciseTaxOnSaleOfMedicalDevice
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atrc Non Employee Vesting Stock Rate
NonEmployeeVestingStockRate
0.25 pure
atrc Loss Contingency Settlement Agreement Period
LossContingencySettlementAgreementPeriod
P5Y
atrc Company Integrity Agreement With Office Of Inspector General
CompanyIntegrityAgreementWithOfficeOfInspectorGeneral
P5Y
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7000 pure
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2012Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.00
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000 pure
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EarningsPerShareBasicAndDiluted
-0.16
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
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CY2012Q3 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
225000
CY2012Q3 us-gaap Revenues
Revenues
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InvestmentIncomeInterest
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CY2012Q3 us-gaap Revenue From Grants
RevenueFromGrants
117000
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OperatingIncomeLoss
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CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2556000
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2012Q3 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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atrc Loss Contingency Settlement Of Distributor Agreement Date
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MaturityPeriodOfShortTermInvestmentMaximum
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atrc Income Expense Related To Remeasurement Of Fair Value Of Fully Vested Stock Options
IncomeExpenseRelatedToRemeasurementOfFairValueOfFullyVestedStockOptions
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atrc Increase In Applicable Interest Rate
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atrc Capital Lease Asset Early Termination
CapitalLeaseAssetEarlyTermination
24000
atrc Long Term Purchased Commitment Actual Quantity Purchased
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53 Unit
atrc Loaned Capital Equipment Cost To Direct Customers Using Disposable Products
LoanedCapitalEquipmentCostToDirectCustomersUsingDisposableProducts
0
atrc Non Employee Stock Compensation Vesting Period
NonEmployeeStockCompensationVestingPeriod
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atrc Payment Terms For End Users
PaymentTermsForEndUsers
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atrc Payment Terms For Distributors
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MaturityPeriodOfHighlyLiquidInvestmentsToBeConsideredAsCashEquivalentsMaximum
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atrc Finite Lived Intangible Assets Amortization Periods
FiniteLivedIntangibleAssetsAmortizationPeriods
P8Y
atrc Fair Value Assets Liabilities Transfer Between Levels
FairValueAssetsLiabilitiesTransferBetweenLevels
0
atrc Long Term Purchase Commitment Additional Quantity Required
LongTermPurchaseCommitmentAdditionalQuantityRequired
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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us-gaap Investment Income Interest
InvestmentIncomeInterest
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IncreaseDecreaseInOtherCurrentAssets
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RevenueFromGrants
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atrc Non Employee Stock Compensation Vesting Period Maximum
NonEmployeeStockCompensationVestingPeriodMaximum
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atrc Operating Leases Expire At Various Terms
OperatingLeasesExpireAtVariousTerms
2015
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
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us-gaap Revenues
Revenues
51883000
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Gross Profit
GrossProfit
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us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
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GainLossOnSaleOfPropertyPlantEquipment
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us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Other Nonoperating Income Expense
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us-gaap Income Taxes Paid
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Net Income Loss
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us-gaap Increase Decrease In Inventories
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319000
us-gaap Other Comprehensive Income Loss Net Of Tax
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45000
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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174000
us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2372000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Net Cash Provided By Used In Financing Activities
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ProceedsFromIssuanceOfSecuredDebt
10000000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1278000
us-gaap Share Based Compensation
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us-gaap Provision For Doubtful Accounts
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Increase Decrease In Accrued Liabilities
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atrc Capital Lease Asset Early Termination
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5000
CY2013Q1 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0025 pure
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24000
us-gaap Royalty Expense
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us-gaap Research And Development Expense
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
562000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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372000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
81000
us-gaap Amortization Of Intangible Assets
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us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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8100000
us-gaap Depreciation
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1511000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2941000
us-gaap Operating Expenses
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42358000
us-gaap Selling General And Administrative Expense
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33178000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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59000
atrc Income Expense Related To Remeasurement Of Fair Value Of Fully Vested Stock Options
IncomeExpenseRelatedToRemeasurementOfFairValueOfFullyVestedStockOptions
-159000
CY2012Q2 atrc Number Of Radio Frequency Generators Manufacture
NumberOfRadioFrequencyGeneratorsManufacture
300 Unit
CY2012Q2 atrc Minimum Quantity Required Beyond Specific Limit
MinimumQuantityRequiredBeyondSpecificLimit
0 Unit
CY2013Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
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26872000
CY2009Q4 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
4350000
CY2010 atrc Aggregate Distributor Earning
AggregateDistributorEarning
400000
CY2010 atrc Aggregate Distributor Earning
AggregateDistributorEarning
541000
CY2012 us-gaap Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
0.70 pure
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease
179000
CY2012 us-gaap Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
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CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
179000
CY2012 atrc Fair Value Measurement With Unobservable Inputs Reconciliation Reclassification From Equity To Liability When Fully Vested
FairValueMeasurementWithUnobservableInputsReconciliationReclassificationFromEquityToLiabilityWhenFullyVested
99000
CY2012 atrc Long Term Purchased Commitment Actual Quantity Purchased
LongTermPurchasedCommitmentActualQuantityPurchased
60 Unit
CY2012 atrc Fair Value Measurement With Unobservable Inputs Reconciliation Purchases Exercises
FairValueMeasurementWithUnobservableInputsReconciliationPurchasesExercises
50000
CY2012 atrc Fair Value Assets Liabilities Transfer Between Levels
FairValueAssetsLiabilitiesTransferBetweenLevels
0
us-gaap Long Term Purchase Commitment Minimum Quantity Required
LongTermPurchaseCommitmentMinimumQuantityRequired
40 Unit
atrc Long Term Purchased Commitment Quantity Required
LongTermPurchasedCommitmentQuantityRequired
56 Unit
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
396000
CY2010Q4 atrc Aggregate Distributor Earning
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50000
CY2012Q3 us-gaap Allocated Share Based Compensation Expense
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1111000
CY2012Q3 us-gaap Operating Expenses
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14078000
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11173000
CY2012Q3 us-gaap Income Tax Expense Benefit
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CY2012Q3 atrc Income Expense Related To Remeasurement Of Fair Value Of Fully Vested Stock Options
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CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
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CY2013Q3 us-gaap Effective Income Tax Rate Continuing Operations
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CY2013Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20725000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.00
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000 pure
CY2012Q3 us-gaap Interest Expense
InterestExpense
190000
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.6900 pure
CY2013Q3 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
193000
CY2013Q3 us-gaap Revenues
Revenues
20146000
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CY2013Q3 us-gaap Investment Income Interest
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CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
88000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-2748000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
93000
CY2013Q3 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
0
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
5000
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
12000
CY2013Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
151000
CY2013Q3 us-gaap Interest Expense
InterestExpense
123000
CY2013Q3 us-gaap Royalty Expense
RoyaltyExpense
194000
CY2013Q3 us-gaap Cost Of Revenue
CostOfRevenue
5461000
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3237000
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3000
CY2013Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
734000
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
17299000
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14062000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000
CY2013Q3 atrc Income Expense Related To Remeasurement Of Fair Value Of Fully Vested Stock Options
IncomeExpenseRelatedToRemeasurementOfFairValueOfFullyVestedStockOptions
26000

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