2015 Q4 Form 10-Q Financial Statement

#000117184315006060 Filed on November 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $28.37M $25.73M $25.45M
YoY Change -6.57% 1.11% 1.24%
Cost Of Revenue $15.45M $14.01M $14.01M
YoY Change -6.39% -0.01% 1.21%
Gross Profit $12.92M $11.73M $11.44M
YoY Change -6.77% 2.48% 1.27%
Gross Profit Margin 45.56% 45.57% 44.96%
Selling, General & Admin $10.30M $10.03M $8.243M
YoY Change 7.63% 21.72% -6.54%
% of Gross Profit 79.7% 85.56% 72.04%
Research & Development $1.530M $1.426M $1.059M
YoY Change -1.92% 34.66% -45.24%
% of Gross Profit 11.84% 12.16% 9.26%
Depreciation & Amortization $1.270M $1.060M $930.0K
YoY Change 16.51% 13.98% -3.13%
% of Gross Profit 9.83% 9.04% 8.13%
Operating Expenses $12.81M $12.50M $10.02M
YoY Change 9.1% 24.8% -7.97%
Operating Profit $113.0K -$775.0K $1.425M
YoY Change -94.67% -154.39% 244.2%
Interest Expense -$160.0K $204.0K $239.0K
YoY Change -23.81% -14.64% -13.41%
% of Operating Profit -141.59% 16.77%
Other Income/Expense, Net -$434.0K -$321.0K -$469.0K
YoY Change -54.27% -31.56% 31.01%
Pretax Income -$321.0K -$1.096M $956.0K
YoY Change -127.39% -214.64% 1607.14%
Income Tax $16.82M -$249.0K $323.0K
% Of Pretax Income 33.79%
Net Earnings -$17.14M -$847.0K $633.0K
YoY Change 90110.53% -233.81% -164.33%
Net Earnings / Revenue -60.42% -3.29% 2.49%
Basic Earnings Per Share -$0.51 -$0.02 $0.02
Diluted Earnings Per Share -$0.51 -$0.02 $0.02
COMMON SHARES
Basic Shares Outstanding 33.94M shares 33.93M shares 32.34M shares
Diluted Shares Outstanding 33.93M shares 33.41M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.700M $6.100M $26.70M
YoY Change -52.48% -77.15% -27.64%
Cash & Equivalents $6.744M $6.090M $26.73M
Short-Term Investments
Other Short-Term Assets $3.873M $5.070M $4.062M
YoY Change -18.33% 24.82% 153.88%
Inventory $22.34M $23.01M $18.06M
Prepaid Expenses
Receivables $17.55M $15.59M $14.28M
Other Receivables $3.900M $5.100M $4.000M
Total Short-Term Assets $50.55M $52.32M $65.00M
YoY Change -11.42% -19.5% -12.04%
LONG-TERM ASSETS
Property, Plant & Equipment $5.902M $5.934M $4.109M
YoY Change 13.72% 44.41% -10.67%
Goodwill $40.36M $40.86M $35.94M
YoY Change 1.34% 13.69%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $152.0K $349.0K $359.0K
YoY Change -60.0% -2.79% -97.2%
Total Long-Term Assets $69.50M $81.23M $71.13M
YoY Change -11.86% 14.21% -4.4%
TOTAL ASSETS
Total Short-Term Assets $50.55M $52.32M $65.00M
Total Long-Term Assets $69.50M $81.23M $71.13M
Total Assets $120.1M $133.6M $136.1M
YoY Change -11.67% -1.89% -8.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.782M $6.322M $5.100M
YoY Change 39.53% 23.96% 8.51%
Accrued Expenses $4.021M $3.840M $4.132M
YoY Change -9.68% -7.07% -6.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.400M $5.000M $5.000M
YoY Change -52.0% 0.0% 66.67%
Total Short-Term Liabilities $19.32M $17.27M $15.63M
YoY Change 6.76% 10.51% 15.76%
LONG-TERM LIABILITIES
Long-Term Debt $16.37M $15.15M $18.20M
YoY Change -0.49% -16.76% -11.22%
Other Long-Term Liabilities $3.000M $4.600M $5.400M
YoY Change -34.78% -14.81% -12.9%
Total Long-Term Liabilities $16.37M $15.15M $18.20M
YoY Change -0.49% -16.76% -31.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.32M $17.27M $15.63M
Total Long-Term Liabilities $16.37M $15.15M $18.20M
Total Liabilities $42.45M $39.27M $39.35M
YoY Change 4.95% -0.21% -2.83%
SHAREHOLDERS EQUITY
Retained Earnings -$111.7M -$94.58M -$92.67M
YoY Change 20.54% 2.06%
Common Stock $211.9M $211.1M $205.8M
YoY Change 2.33% 2.57% 53769.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 7.746M shares 7.746M shares
Shareholders Equity $77.60M $94.29M $96.78M
YoY Change
Total Liabilities & Shareholders Equity $120.1M $133.6M $136.1M
YoY Change -11.67% -1.89% -8.21%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$17.14M -$847.0K $633.0K
YoY Change 90110.53% -233.81% -164.33%
Depreciation, Depletion And Amortization $1.270M $1.060M $930.0K
YoY Change 16.51% 13.98% -3.13%
Cash From Operating Activities $1.770M -$80.00K $600.0K
YoY Change 40.48% -113.33% -58.04%
INVESTING ACTIVITIES
Capital Expenditures -$680.0K -$660.0K -$480.0K
YoY Change -13.92% 37.5% -5.88%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$10.00K $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$680.0K -$670.0K -$480.0K
YoY Change -94.5% 39.58% -137.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.160M -410.0K 1.360M
YoY Change 6.42% -130.15% -281.33%
NET CHANGE
Cash From Operating Activities 1.770M -80.00K 600.0K
Cash From Investing Activities -680.0K -670.0K -480.0K
Cash From Financing Activities -1.160M -410.0K 1.360M
Net Change In Cash -70.00K -1.160M 1.480M
YoY Change -99.43% -178.38% -24.1%
FREE CASH FLOW
Cash From Operating Activities $1.770M -$80.00K $600.0K
Capital Expenditures -$680.0K -$660.0K -$480.0K
Free Cash Flow $2.450M $580.0K $1.080M
YoY Change 19.51% -46.3% -44.33%

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EntityWellKnownSeasonedIssuer
No
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
CY2015Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5028000 USD
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4113000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5005000 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4130000 USD
CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1426000 USD
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1059000 USD
CY2015Q3 us-gaap Restructuring Charges
RestructuringCharges
376000 USD
CY2014Q3 us-gaap Restructuring Charges
RestructuringCharges
97000 USD
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
666000 USD
CY2014Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
618000 USD
CY2015Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
70000 USD
CY2014Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
204000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
239000 USD
CY2015Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
1000 USD
CY2014Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
19000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-188000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-249000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2049000 USD
us-gaap Depreciation
Depreciation
1157000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-25000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-8000 USD
hbio Non Cash Restructuring Charge
NonCashRestructuringCharge
-79000 USD
hbio Non Cash Restructuring Charge
NonCashRestructuringCharge
-120000 USD
hbio Amortization Of Catalog Costs
AmortizationOfCatalogCosts
8000 USD
hbio Amortization Of Catalog Costs
AmortizationOfCatalogCosts
37000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-34000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
58000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
46000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
259000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-754000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
557000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1310000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2649000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
407000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
466000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
35000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
446000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-362000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-107000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2046000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-486000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
158000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-38000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-316000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
89000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1059000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3088000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
-2298000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
-1224000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
76000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4545000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6837000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1148000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
4800000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
2200000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6100000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3750000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1953000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1415000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
621000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-135000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-842000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-8044000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
963000 USD
us-gaap Interest Paid
InterestPaid
625000 USD
us-gaap Interest Paid
InterestPaid
757000 USD
CY2014 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
49000 USD
CY2015Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
146000 USD
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
252000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
625000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
451000 USD
CY2015Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
10169000 USD
CY2015Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
949000 USD
CY2015Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
11893000 USD
CY2015Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21579000 USD
CY2015Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15645000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1803000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1705000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1688000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1490000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1490000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
4508000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
12684000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1839000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2800000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2800000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2500000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2300000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2200000 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-526000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-3168000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-39000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
23000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-22000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-31000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1390000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2481000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
48040000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-26227000 USD
CY2015Q3 hbio Total Indefinite Lived Intangible Assets Including Goodwill
TotalIndefiniteLivedIntangibleAssetsIncludingGoodwill
42089000 USD
CY2015Q3 hbio Total Intangible Assets
TotalIntangibleAssets
90129000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2061000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-1025000 USD
CY2015Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
600000 USD
us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Current Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
200000 USD
CY2015Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
4500000 USD
CY2015Q3 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
200000 USD
CY2014Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
200000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
4400000 USD
CY2015Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
175000 USD
CY2015Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
165000 USD
CY2014Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
147000 USD
CY2015Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-75000 USD
CY2014Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-40000 USD
CY2015Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
85000 USD
CY2014Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
93000 USD
CY2014 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
-102000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
-73000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
-33000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25771000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26734000 USD
dei Entity Central Index Key
EntityCentralIndexKey
0001123494
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-3373000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-72000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3301000 USD
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5640536 shares
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2449873 shares
CY2015Q3 us-gaap Secured Debt
SecuredDebt
20150000 USD
hbio Minimun Percentage Of Term Loan And Delayed Draw Term Loan On Which Interest Rate Required To Be Fixed
MinimunPercentageOfTermLoanAndDelayedDrawTermLoanOnWhichInterestRateRequiredToBeFixed
0.5 pure
CY2014Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.338 pure
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20200000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15010000 USD
CY2014Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
10138000 USD
CY2014Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
946000 USD
CY2014Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
9447000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
15355000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13102000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14758000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12378000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4888000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3316000 USD
us-gaap Restructuring Charges
RestructuringCharges
487000 USD
us-gaap Restructuring Charges
RestructuringCharges
349000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2137000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
159000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-148000 USD
us-gaap Interest Expense
InterestExpense
641000 USD
us-gaap Interest Expense
InterestExpense
752000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
5000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
45000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-984000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-397000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-3263000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2584000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-110000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-57000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-72000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-100000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5200000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-651000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2015Q3 hbio Business Acquisition Direct Acquisition Costs In Income Statement
BusinessAcquisitionDirectAcquisitionCostsInIncomeStatement
200000 USD
CY2014Q3 hbio Business Acquisition Direct Acquisition Costs In Income Statement
BusinessAcquisitionDirectAcquisitionCostsInIncomeStatement
300000 USD
hbio Business Acquisition Direct Acquisition Costs In Income Statement
BusinessAcquisitionDirectAcquisitionCostsInIncomeStatement
900000 USD
hbio Business Acquisition Direct Acquisition Costs In Income Statement
BusinessAcquisitionDirectAcquisitionCostsInIncomeStatement
400000 USD
CY2014Q4 hbio Total Indefinite Lived Intangible Assets Including Goodwill
TotalIndefiniteLivedIntangibleAssetsIncludingGoodwill
41074000 USD
CY2014Q4 hbio Total Intangible Assets
TotalIntangibleAssets
86712000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
305000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
542000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
649000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
510000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
478000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-231000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-131000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
263000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
302000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
600000 USD
CY2014Q3 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
200000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
600000 USD
CY2014Q3 hbio Fair Value Impairment Of Pension Assets
FairValueImpairmentOfPensionAssets
600000 USD
CY2014Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
300000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1100000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1800000 USD
hbio Estimated Rental Expenses Current Year
EstimatedRentalExpensesCurrentYear
2200000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
484000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
254685 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3947 pure
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5696 pure
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0176 pure
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.019 pure
CY2015Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M0D
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y11M4D
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2015Q3 us-gaap Share Based Compensation
ShareBasedCompensation
777000 USD
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
615000 USD
CY2015Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
80000 USD
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33933327 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32341586 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1073271 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33933327 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33414857 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.423 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.268 pure
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
26181 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
31116 shares
CY2015Q3 hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
2.14
CY2014Q3 hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
2.64
hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
2.21
hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
2.2
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5640536 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2535314 shares
CY2015Q2 hbio Increase In Number Of Shares Authorized For Issuance Under Stock Option And Incentive Plan
IncreaseInNumberOfSharesAuthorizedForIssuanceUnderStockOptionAndIncentivePlan
2500000 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
17508929 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
100000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
32000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >.</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > Recently Issued Accounting Pronouncements</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Calibri;font-size:11pt;font-weight:bold;margin-left:0pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:24.5pt;' >In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8220;Revenue from Contracts with Customers,&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > a new accounting standard that provides for a comprehensive model to use in the accounting for revenue arising from contracts with customers that will replace most existing revenue recognition guidance in U.S. GAAP. Under this standard, revenue will be re</font><font style='font-family:Times New Roman;font-size:10pt;' >cognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. At its July 2015 meeting, the FASB agreed to defer </font><font style='font-family:Times New Roman;font-size:10pt;' >the mandatory effective date of ASU 2014-09 one year. Under the one year deferral, the standard will take effect in 2018 for calendar year-end public entities. The Company is assessing the new standard and has not yet determined the impact to the consolida</font><font style='font-family:Times New Roman;font-size:10pt;' >ted financial statements. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:24.5pt;' >In April 2015, the FASB issued&#160;ASU&#160;2015-03,&#160;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#160;The update requires debt issuance costs related to a recognized debt liabili</font><font style='font-family:Times New Roman;font-size:10pt;' >ty to be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability, instead of being presented as an asset. Debt disclosures will include the face amount of the debt liability and the effective interest rat</font><font style='font-family:Times New Roman;font-size:10pt;' >e. The update requires retrospective application and represents a change in accounting principle. The update is effective for fiscal years beginning after December 15, 2015.&#160;&#160;Early adoption is permitted for financial statements that have not been previousl</font><font style='font-family:Times New Roman;font-size:10pt;' >y issued. The Company is evaluating the impact of ASU&#160;2015-03&#160;on its consolidated financial statements and the possibility of early adoption by the Company.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:24.5pt;' >In July 2015, the FASB issued&#160;ASU&#160;2015-11,&#160;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Simplifying Measurement of Inventory</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#160;The update requir</font><font style='font-family:Times New Roman;font-size:10pt;' >es measurement of most inventory &#8220;at the lower of cost and net realizable value&#8221;, and applies to all entities that recognize inventory within the scope of ASC 330, except for inventory measured under the last-in, first-out (LIFO) method or the retail inven</font><font style='font-family:Times New Roman;font-size:10pt;' >tory method (RIM). ASU 2015-11 requires prospective application and represents a change in accounting principle. The update is effective for fiscal years beginning after December 15, 2016.&#160;&#160;Early adoption is permitted for financial statements that have not</font><font style='font-family:Times New Roman;font-size:10pt;' > been previously issued. The Company is evaluating the impact of ASU&#160;2015-11&#160;on its consolidated financial statements and the possibility of early adoption by the Company.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:24.5pt;' >In September 2015, the FASB issued&#160;ASU&#160;2015-16,&#160;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Simplifying the Accounting for Meas</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >urement-Period Adjustments</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#160;The update eliminates the requirement to retrospectively adjust financial statements for measurement-period adjustments that occur in periods after a business combination. Under the update, measurement-period adjustments are to </font><font style='font-family:Times New Roman;font-size:10pt;' >be calculated as if they were known at the acquisition date, but are recognized in the reporting period in which they are determined. Additional disclosures are required about the impact on current-period earnings. ASU 2015-16 requires prospective applicat</font><font style='font-family:Times New Roman;font-size:10pt;' >ion to adjustments of provisional amounts that occur after the effective date. The update is effective for fiscal years beginning after December 15, 2016.&#160;&#160;Early adoption is permitted for financial statements that have not been previously issued. The Compa</font><font style='font-family:Times New Roman;font-size:10pt;' >ny is evaluating the impact of ASU&#160;2015-16&#160;on its consolidated financial statements and the possibility of early adoption by the Company.</font></p></div>

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