2016 Q4 Form 10-Q Financial Statement
#000117184317000709 Filed on February 07, 2017
Income Statement
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| Revenue | $18.27M | $15.69M |
| YoY Change | 16.42% | 12.18% |
| Cost Of Revenue | $11.06M | $9.013M |
| YoY Change | 22.68% | 9.33% |
| Gross Profit | $7.209M | $6.677M |
| YoY Change | 7.97% | 16.27% |
| Gross Profit Margin | 39.46% | 42.56% |
| Selling, General & Admin | $6.018M | $4.697M |
| YoY Change | 28.11% | 13.84% |
| % of Gross Profit | 83.48% | 70.35% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $388.6K | $348.7K |
| YoY Change | 11.43% | 51.7% |
| % of Gross Profit | 5.39% | 5.22% |
| Operating Expenses | $6.018M | $4.697M |
| YoY Change | 28.11% | 13.84% |
| Operating Profit | $1.191M | $1.980M |
| YoY Change | -39.83% | 22.47% |
| Interest Expense | $50.00K | $30.00K |
| YoY Change | 66.67% | 0.0% |
| % of Operating Profit | 4.2% | 1.52% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $1.244M | $2.013M |
| YoY Change | -38.21% | 22.59% |
| Income Tax | $367.0K | $525.9K |
| % Of Pretax Income | 29.5% | 26.12% |
| Net Earnings | $876.9K | $1.487M |
| YoY Change | -41.04% | 39.1% |
| Net Earnings / Revenue | 4.8% | 9.48% |
| Basic Earnings Per Share | $0.06 | $0.11 |
| Diluted Earnings Per Share | $0.06 | $0.11 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 13.57M | 13.29M |
| Diluted Shares Outstanding | 13.79M | 13.58M |
Balance Sheet
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $30.00M | $29.40M |
| YoY Change | 2.04% | 21.99% |
| Cash & Equivalents | $22.06M | $20.70M |
| Short-Term Investments | $7.900M | $8.700M |
| Other Short-Term Assets | $976.6K | $556.1K |
| YoY Change | 75.6% | -80.14% |
| Inventory | $8.715M | $6.944M |
| Prepaid Expenses | ||
| Receivables | $7.451M | $5.020M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $47.13M | $41.96M |
| YoY Change | 12.31% | 14.03% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $5.904M | $5.552M |
| YoY Change | 6.35% | 38.79% |
| Goodwill | $2.571M | $2.571M |
| YoY Change | 0.0% | |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $13.30M | $6.800M |
| YoY Change | 95.59% | -18.07% |
| Other Assets | $439.6K | $345.5K |
| YoY Change | 27.23% | 15.16% |
| Total Long-Term Assets | $22.20M | $15.23M |
| YoY Change | 45.69% | 0.23% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $47.13M | $41.96M |
| Total Long-Term Assets | $22.20M | $15.23M |
| Total Assets | $69.33M | $57.20M |
| YoY Change | 21.2% | 10.0% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.422M | $2.183M |
| YoY Change | 10.92% | -12.67% |
| Accrued Expenses | $120.8K | $103.4K |
| YoY Change | 16.85% | -92.62% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $4.443M | $3.681M |
| YoY Change | 20.7% | -5.62% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $200.0K | $200.0K |
| YoY Change | 0.0% | |
| Total Long-Term Liabilities | $658.5K | $386.5K |
| YoY Change | 70.39% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $4.443M | $3.681M |
| Total Long-Term Liabilities | $658.5K | $386.5K |
| Total Liabilities | $5.102M | $4.067M |
| YoY Change | 25.43% | 1.69% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $6.009M | -$3.362M |
| YoY Change | -278.71% | |
| Common Stock | $141.5K | $137.1K |
| YoY Change | 3.2% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $64.22M | $53.13M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $69.33M | $57.20M |
| YoY Change | 21.2% | 10.0% |
Cashflow Statement
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $876.9K | $1.487M |
| YoY Change | -41.04% | 39.1% |
| Depreciation, Depletion And Amortization | $388.6K | $348.7K |
| YoY Change | 11.43% | 51.7% |
| Cash From Operating Activities | -$605.3K | $1.910M |
| YoY Change | -131.69% | 77.91% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $529.3K | $226.7K |
| YoY Change | 133.47% | -87.15% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$4.980M | $700.0K |
| YoY Change | -811.43% | -369.23% |
| Cash From Investing Activities | -$5.510M | $475.3K |
| YoY Change | -1259.36% | -123.44% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | -$169.5K | $139.2K |
| YoY Change | -221.74% | 115.68% |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 159.2K | 242.4K |
| YoY Change | -34.32% | -483.02% |
| NET CHANGE | ||
| Cash From Operating Activities | -605.3K | 1.910M |
| Cash From Investing Activities | -5.510M | 475.3K |
| Cash From Financing Activities | 159.2K | 242.4K |
| Net Change In Cash | -5.956M | 2.628M |
| YoY Change | -326.67% | -358.27% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$605.3K | $1.910M |
| Capital Expenditures | $529.3K | $226.7K |
| Free Cash Flow | -$1.135M | $1.683M |
| YoY Change | -167.4% | -343.56% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q4 | clfd |
Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
16291079 | |
| CY2016Q3 | clfd |
Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
13701821 | |
| CY2016Q4 | clfd |
Number Of Patents Granted
NumberOfPatentsGranted
|
9 | |
| CY2016Q4 | clfd |
Number Of Patents Pending
NumberOfPatentsPending
|
9 | |
| CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2421585 | |
| CY2016Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2573292 | |
| CY2016Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
7450917 | |
| CY2016Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
7999210 | |
| CY2016Q3 | clfd |
Heldtomaturity Securities Debt Maturities After One Through Three Years Net Carrying Amount
HeldtomaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsNetCarryingAmount
|
10703000 | |
| CY2016Q4 | clfd |
Issuance Of Common Stock Funded Through Shares Sold To Company
IssuanceOfCommonStockFundedThroughSharesSoldToCompany
|
32984 | |
| CY2015Q4 | clfd |
Issuance Of Common Stock Funded Through Shares Sold To Company
IssuanceOfCommonStockFundedThroughSharesSoldToCompany
|
15890 | |
| CY2016Q4 | clfd |
Heldtomaturity Securities Debt Maturities After One Through Three Years Net Carrying Amount
HeldtomaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsNetCarryingAmount
|
13281000 | |
| CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
120803 | |
| CY2016Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
75306 | |
| CY2016Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1900741 | |
| CY2016Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
4697138 | |
| CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
58073263 | |
| CY2016Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
57320515 | |
| CY2016Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
593746 | |
| CY2015Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
226767 | |
| CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
90473 | |
| CY2016Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
93473 | |
| CY2016Q4 | us-gaap |
Assets
Assets
|
69325513 | |
| CY2016Q3 | us-gaap |
Assets
Assets
|
70595313 | |
| CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
47130101 | |
| CY2016Q3 | us-gaap |
Assets Current
AssetsCurrent
|
51112678 | |
| CY2016Q4 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt 0; font-size: 10pt"><div style="display: inline; font-weight: bold;">Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div> Basis of Presentation</div></div> <div style=" margin: 0pt 0; font-size: 10pt"><div style="display: inline; font-weight: bold;"> </div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"><div style="display: inline; color: black">The accompanying (a) condensed balance sheet as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> which has been derived from audited financial statements, and (b) unaudited interim condensed financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America for interim financial information, pursuant to the rules and regulations of the Securities and Exchange Commission. Pursuant to these rules and regulations, certain financial information and footnote disclosures normally included in the financial statements have been condensed or omitted. However, in the opinion of management, the financial statements include all adjustments, consisting of normal recurring accruals, necessary for a fair presentation of the financial position and results of operations and cash flows of the interim periods presented. </div>Operating results for the interim periods presented are not necessarily indicative of results to be expected for the full year or for any other interim period, due to variability in customer purchasing patterns and seasonal, operating and other factors. <div style="display: inline; color: black">These condensed financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K for the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016.</div></div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"> </div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">In preparation of the Company’s financial statements, management is required to make estimates and assumptions that affect reported amounts of assets and liabilities and related revenues and expenses during the reporting periods. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates.</div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"> </div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the Financial Accounting Standards Board (“FASB”) issued ASU No. <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> <div style="display: inline; font-style: italic;">Improvements to Employee Share-Based Payment Accounting</div>. The standard is required to be adopted by all companies in their <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> fiscal year beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> but allows companies to early adopt prior to this date. The standard is intended to simplify various aspects of the accounting and presentation of share-based payments. During the quarter ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the Company elected to early adopt this standard as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> October</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015.</div> Adoption of this standard impacted the previously filed <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-Q for the period ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div> as follows:</div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify"><div style="display: inline; font-style: italic;"> </div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"><div style="display: inline; font-style: italic;">Statement of earnings </div>– The standard requires that the tax effects of stock-based compensation be recognized in the income tax provision of the Company’s Statements of Earnings. Previously, these amounts were recognized in additional paid-in capital on the Company’s Balance Sheets. The new standard requires these amounts to be recasted within these quarters due to the prospective adoption of this standard in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">fourth</div> quarter of fiscal <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016.</div> Accordingly, a net tax benefit related to stock-based compensation awards of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$104,134</div> for the quarter ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div> was recognized as a reduction of income tax expense in the statements of earnings. This tax benefit reduced our effective income tax rate <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5.2%</div> for the quarter ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div> and resulted in an increase in basic and diluted earnings per share of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.01</div> for the quarter ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015.</div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"><div style="display: inline; font-style: italic;"> </div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"><div style="display: inline; font-style: italic;">Statement of cash flows </div>– The standard requires that excess tax benefits from share-based employee awards be reported as operating activities in the consolidated statements of cash flows. Previously, these cash flows were included as hypothetical inflows and outflows in both the operating and financing activities. We elected to apply this change on a prospective basis, resulting in an increase in net cash provided by operating activities and a decrease in net cash used by financing activities of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$348,000</div> for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015.</div></div></div> | |
| CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
22057906 | |
| CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28014321 | |
| CY2015Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
18071210 | |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20699033 | |
| CY2016Q4 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-5956415 | |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2627823 | |
| CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2016Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2016Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
| CY2016Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
| CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14145164 | |
| CY2016Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14126279 | |
| CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
14145164 | |
| CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
14126279 | |
| CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
141452 | |
| CY2016Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
141263 | |
| CY2016Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
11057442 | |
| CY2015Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
9012919 | |
| CY2016Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
||
| CY2015Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
478887 | |
| CY2016Q4 | us-gaap |
Deferred Rent Credit
DeferredRentCredit
|
246695 | |
| CY2016Q3 | us-gaap |
Deferred Rent Credit
DeferredRentCredit
|
243755 | |
| CY2016Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
411779 | |
| CY2016Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
411779 | |
| CY2016Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
388625 | |
| CY2015Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
348749 | |
| CY2016Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
| CY2015Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.11 | |
| CY2016Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
| CY2015Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | |
| CY2016Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.295 | |
| CY2015Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.261 | |
| CY2016Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
6860649 | |
| CY2016Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P7Y292D | |
| CY2016Q4 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
||
| CY2015Q4 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-1390 | |
| CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
2570511 | |
| CY2016Q3 | us-gaap |
Goodwill
Goodwill
|
2570511 | |
| CY2016Q4 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
| CY2016Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
| CY2016Q4 | us-gaap |
Gross Profit
GrossProfit
|
7208720 | |
| CY2015Q4 | us-gaap |
Gross Profit
GrossProfit
|
6676796 | |
| CY2016Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
21211075 | |
| CY2016Q3 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
16230075 | |
| CY2016Q4 | us-gaap |
Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
|
7930075 | |
| CY2016Q3 | us-gaap |
Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
|
5527075 | |
| CY2016Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1243930 | |
| CY2015Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
2013320 | |
| CY2016Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
367000 | |
| CY2015Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
525866 | |
| CY2016Q4 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
12250 | |
| CY2015Q4 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
15884 | |
| CY2016Q4 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2899667 | |
| CY2015Q4 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1352732 | |
| CY2016Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-548293 | |
| CY2015Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-991240 | |
| CY2016Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
341490 | |
| CY2015Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-239335 | |
| CY2016Q4 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-228259 | |
| CY2015Q4 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
162927 | |
| CY2016Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2066273 | |
| CY2016Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2199088 | |
| CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
8714645 | |
| CY2016Q3 | us-gaap |
Inventory Net
InventoryNet
|
8373155 | |
| CY2016Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
5997636 | |
| CY2016Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
5702762 | |
| CY2016Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
650736 | |
| CY2016Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
471305 | |
| CY2016Q4 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
52734 | |
| CY2015Q4 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
33539 | |
| CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
5101603 | |
| CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
8001270 | |
| CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
69325513 | |
| CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
70595313 | |
| CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4443129 | |
| CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7345736 | |
| CY2016Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
658474 | |
| CY2016Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
655534 | |
| CY2016Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
13281000 | |
| CY2016Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
10703000 | |
| CY2016Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
159191 | |
| CY2015Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-105630 | |
| CY2016Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5510302 | |
| CY2015Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
475290 | |
| CY2016Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-605304 | |
| CY2015Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
2258163 | |
| CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
876930 | |
| CY2015Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1487454 | |
| CY2016Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1191196 | |
| CY2015Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1979781 | |
| CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
976558 | |
| CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1198917 | |
| CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
439568 | |
| CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
428310 | |
| CY2016Q4 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
||
| CY2015Q4 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
257242 | |
| CY2016Q4 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
10326 | |
| CY2015Q4 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1391 | |
| CY2016Q4 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
7440000 | |
| CY2015Q4 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1184000 | |
| CY2016Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
529302 | |
| CY2015Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
226710 | |
| CY2016Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500 | |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2016Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2016Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2016Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500 | |
| CY2016Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
169500 | |
| CY2015Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
118013 | |
| CY2016Q4 | us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
2459000 | |
| CY2015Q4 | us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
1886000 | |
| CY2016Q4 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
17 | |
| CY2015Q4 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
34990 | |
| CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5904333 | |
| CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5780814 | |
| CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
6009195 | |
| CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
5132265 | |
| CY2016Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
18266162 | |
| CY2015Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
15689715 | |
| CY2016Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
6017524 | |
| CY2015Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4697015 | |
| CY2016Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
593746 | |
| CY2015Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
226767 | |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | |
| CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
788892 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
54800 | |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
44800 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.13 | |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.09 | |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
3.30 | |
| CY2016Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y73D | |
| CY2016Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
7930075 | |
| CY2016Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
5527075 | |
| CY2015Q4 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
8000 | |
| CY2016Q4 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
10000 | |
| CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
64223910 | |
| CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
62594043 | |
| CY2016Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
| CY2016Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
223309 | |
| CY2015Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
286483 | |
| CY2016Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13790793 | |
| CY2015Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13575162 | |
| CY2016Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13567484 | |
| CY2015Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13288679 |
