2019 Q2 Form 10-Q Financial Statement

#000117184319005344 Filed on August 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $29.58M $31.52M $26.76M
YoY Change -6.15% 66.27% 47.95%
Cost Of Revenue $13.63M $16.17M $13.49M
YoY Change -15.7% 63.55% 58.54%
Gross Profit $15.96M $15.36M $13.27M
YoY Change 3.91% 69.24% 38.55%
Gross Profit Margin 53.93% 48.71% 49.59%
Selling, General & Admin $10.58M $11.57M $11.03M
YoY Change -8.54% 50.93% 33.44%
% of Gross Profit 66.31% 75.33% 83.13%
Research & Development $2.771M $2.758M $2.402M
YoY Change 0.47% 112.81% 86.93%
% of Gross Profit 17.37% 17.96% 18.1%
Depreciation & Amortization $1.870M $1.970M $495.0K
YoY Change -5.08% 105.21% 61.76%
% of Gross Profit 11.72% 12.83% 3.73%
Operating Expenses $15.73M $15.74M $14.54M
YoY Change -0.06% 68.45% 46.42%
Operating Profit $228.0K -$382.0K -$1.266M
YoY Change -159.69% 42.01% 261.71%
Interest Expense $1.376M $1.483M $894.0K
YoY Change -7.22% 723.89% 448.47%
% of Operating Profit 603.51%
Other Income/Expense, Net -$1.360M -$1.485M -$3.979M
YoY Change -8.42% 220.73% 894.75%
Pretax Income -$1.132M -$1.867M -$5.245M
YoY Change -39.37% 155.05% 599.33%
Income Tax -$900.0K -$369.0K $605.0K
% Of Pretax Income
Net Earnings -$247.0K -$1.464M -$4.064M
YoY Change -83.13% 284.25% 281.24%
Net Earnings / Revenue -0.83% -4.64% -15.19%
Basic Earnings Per Share -$0.01 -$0.04 -$0.11
Diluted Earnings Per Share -$0.01 -$0.04 -$0.11
COMMON SHARES
Basic Shares Outstanding 37.74M 36.08M shares 35.46M shares
Diluted Shares Outstanding 37.74M 36.08M shares 35.46M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.900M $5.600M $6.000M
YoY Change -12.5% 19.15% 30.43%
Cash & Equivalents $4.934M $5.624M $5.991M
Short-Term Investments
Other Short-Term Assets $2.831M $2.959M
YoY Change -40.55% -37.85%
Inventory $25.29M $25.64M $27.90M
Prepaid Expenses
Receivables $18.39M $19.59M $18.96M
Other Receivables $3.900M $2.800M $2.900M
Total Short-Term Assets $52.50M $53.69M $55.81M
YoY Change -2.22% 17.13% 23.75%
LONG-TERM ASSETS
Property, Plant & Equipment $14.20M $5.500M $5.821M
YoY Change 158.18% 28.32% 36.39%
Goodwill $57.24M $55.67M $56.24M
YoY Change 2.83% 41.79% 46.46%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $400.0K $1.294M $1.352M
YoY Change -69.09% 887.79% 838.89%
Total Long-Term Assets $113.7M $111.4M $115.1M
YoY Change 2.1% 76.7% 84.75%
TOTAL ASSETS
Total Short-Term Assets $52.50M $53.69M $55.81M
Total Long-Term Assets $113.7M $111.4M $115.1M
Total Assets $166.2M $165.1M $170.9M
YoY Change 0.7% 51.62% 59.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.041M $7.718M $7.359M
YoY Change -21.73% 38.24% 26.12%
Accrued Expenses $6.600M $7.770M $7.689M
YoY Change -15.06% 108.14% 77.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.400M $1.600M $1.400M
YoY Change 50.0% -42.86% -48.15%
Total Short-Term Liabilities $20.90M $22.19M $22.28M
YoY Change -5.83% 67.64% 58.54%
LONG-TERM LIABILITIES
Long-Term Debt $52.40M $59.83M $61.57M
YoY Change -12.42% 474.33% 463.25%
Other Long-Term Liabilities $10.30M $4.100M $6.100M
YoY Change 151.22% 20.59% 90.63%
Total Long-Term Liabilities $62.70M $59.83M $61.57M
YoY Change 4.8% 474.33% 463.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.90M $22.19M $22.28M
Total Long-Term Liabilities $62.70M $59.83M $61.57M
Total Liabilities $85.90M $88.04M $91.65M
YoY Change -2.43% 161.65% 164.27%
SHAREHOLDERS EQUITY
Retained Earnings -$122.5M
YoY Change 4.21%
Common Stock $222.3M $220.4M
YoY Change 2.39% 1.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 7.746M shares 7.746M shares 7.746M shares
Shareholders Equity $80.33M $77.01M $79.29M
YoY Change
Total Liabilities & Shareholders Equity $166.2M $165.1M $170.9M
YoY Change 0.7% 51.62% 59.17%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income -$247.0K -$1.464M -$4.064M
YoY Change -83.13% 284.25% 281.24%
Depreciation, Depletion And Amortization $1.870M $1.970M $495.0K
YoY Change -5.08% 105.21% 61.76%
Cash From Operating Activities $660.0K $1.280M $448.0K
YoY Change -48.44% 172.34% -173.44%
INVESTING ACTIVITIES
Capital Expenditures -$280.0K -$150.0K $493.0K
YoY Change 86.67% -40.0% 148.99%
Acquisitions $67.41M
YoY Change
Other Investing Activities $1.020M -$570.0K -$51.68M
YoY Change -278.95%
Cash From Investing Activities $740.0K -$720.0K -$52.19M
YoY Change -202.78% 188.0% 22789.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $219.0K
YoY Change -241.29%
Debt Paid & Issued, Net $14.05M
YoY Change 1162.08%
Cash From Financing Activities -1.540M -530.0K $51.24M
YoY Change 190.57% 47.22% -19220.9%
NET CHANGE
Cash From Operating Activities 660.0K 1.280M $448.0K
Cash From Investing Activities 740.0K -720.0K -$52.19M
Cash From Financing Activities -1.540M -530.0K $51.24M
Net Change In Cash -140.0K 30.00K -$497.0K
YoY Change -566.67% -121.43% -55.06%
FREE CASH FLOW
Cash From Operating Activities $660.0K $1.280M $448.0K
Capital Expenditures -$280.0K -$150.0K $493.0K
Free Cash Flow $940.0K $1.430M -$45.00K
YoY Change -34.27% 98.61% -94.43%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Small Business
EntitySmallBusiness
true
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.73
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5733000 USD
dei Trading Symbol
TradingSymbol
HBIO
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
80330000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5258000 USD
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2758000 USD
CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
345000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-347000 USD
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
7745507 shares
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
38046001 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Entity Registrant Name
EntityRegistrantName
HARVARD BIOSCIENCE INC
CY2019Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5770000 USD
CY2018Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
6309000 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4809000 USD
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2771000 USD
CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
86000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
1376000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
1483000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-70000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23775000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18416000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2295000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2108000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1852000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1804000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1798000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6543000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16400000 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-195000 USD
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2938000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-298000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
155000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-19000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-70000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-721000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4177000 USD
CY2019Q2 hbio Total Indefinite Lived Intangible Assets Including Goodwill
TotalIndefiniteLivedIntangibleAssetsIncludingGoodwill
58469000 USD
CY2019Q2 hbio Total Intangible Assets
TotalIntangibleAssets
130743000 USD
CY2019Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
123000 USD
CY2019Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
170000 USD
CY2019Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-71000 USD
CY2019Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
24000 USD
CY2018 hbio Standard Product Warranty Accrual Decrease For Payments Or Increase For Credits
StandardProductWarrantyAccrualDecreaseForPaymentsOrIncreaseForCredits
37000 USD
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
182000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-36000 USD
CY2019Q2 us-gaap Secured Debt
SecuredDebt
54821000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23336000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17438000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
72274000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-673000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
1798000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-344000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-888000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
2209000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-31604000 USD
CY2018Q4 hbio Total Indefinite Lived Intangible Assets Including Goodwill
TotalIndefiniteLivedIntangibleAssetsIncludingGoodwill
58536000 USD
CY2018Q4 hbio Total Intangible Assets
TotalIntangibleAssets
131887000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
391000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
599977 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q2 hbio Increase In Number Of Shares Authorized For Issuance Under Stock Option And Incentive Plan
IncreaseInNumberOfSharesAuthorizedForIssuanceUnderStockOptionAndIncentivePlan
3400000 shares
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
73351000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-28819000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1956732 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1233762 shares
hbio Standard Product Warranty Accrual Decrease For Payments Or Increase For Credits
StandardProductWarrantyAccrualDecreaseForPaymentsOrIncreaseForCredits
79000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
6000 USD
CY2018Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
118000 USD
CY2018Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
184000 USD
CY2018Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-52000 USD
CY2018Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-14000 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
900000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3300586 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
20908929 shares
dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
dei Amendment Flag
AmendmentFlag
false
CY2019Q2 us-gaap Share Based Compensation
ShareBasedCompensation
615000 USD
CY2019Q2 hbio Employee Stock Purchase Plan Shares Authorized
EmployeeStockPurchasePlanSharesAuthorized
1400000 shares
CY2019Q2 us-gaap Revenues
Revenues
29584000 USD
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
13629000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
15955000 USD
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
15727000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
228000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1132000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-885000 USD
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1746000 USD
us-gaap Depreciation
Depreciation
1051000 USD
hbio Amortization Of Catalog Costs
AmortizationOfCatalogCosts
14000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
458000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-96000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
993000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2139000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1971000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
211000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
57832000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1232000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3109000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-52912000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
68500000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1380000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
50705000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
373000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-109000 USD
us-gaap Interest Paid Net
InterestPaidNet
2448000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-208000 USD
hbio Additions To Catalog Costs
AdditionsToCatalogCosts
-24000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13532000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-14181000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-65000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-685000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
21463000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
25087000 USD
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
18388000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
25288000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
57239000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
57304000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
44532000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
40670000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
7359000 USD
CY2019Q2 us-gaap Secured Debt Current
SecuredDebtCurrent
2407000 USD
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
6041000 USD
CY2019Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
56197000 USD
CY2019Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1376000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
3.46
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1436000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4934000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.85 pure
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
634000 USD
CY2018Q4 us-gaap Assets
Assets
168613000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1604000 USD
CY2018Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
5982000 USD
CY2018Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
3820000 USD
CY2018Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
978000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5762000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1588000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
25489000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
54813000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2301000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
3286000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
85889000 USD
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
436000 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
226377000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-119889000 USD
CY2018Q4 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
10668000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
168613000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8173000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
82724000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5898000 USD
CY2018Q2 us-gaap Revenues
Revenues
31522000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
16167000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
15355000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
15737000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-382000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1485000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1867000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-369000 USD
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2019Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-247000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1498000 USD
CY2019Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
0 USD
CY2019Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
0 USD
CY2018Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-10000 USD
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-247000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.01
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.04
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.01
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.04
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37735717 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37735717 shares
us-gaap Depreciation
Depreciation
972000 USD
hbio Amortization Of Catalog Costs
AmortizationOfCatalogCosts
10000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2681000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
209000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-150000 USD
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
18200000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-1382000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-361000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1371000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-288000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-487000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2667000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
588000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
2300000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-334000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6537000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
43000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3239000 USD
us-gaap Interest Paid Net
InterestPaidNet
2861000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
299000 USD
hbio Additions To Catalog Costs
AdditionsToCatalogCosts
-9000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
423000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
1251000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
68008000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
1020000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
15754000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8503000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
17247000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1928000 USD
us-gaap Reclassifications
Reclassifications
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:27pt;' >R</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >eclassifications</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:36pt;' >As disclosed in Note 5, on January 22, 2018, the Company sold substantially all the assets of its operating subsidiary, Denville Scientific, Inc. (Denville). The sale of Denville represented a strategic shift that </font><font style='font-family:Times New Roman;font-size:10pt;' >had</font><font style='font-family:Times New Roman;font-size:10pt;' > a major effect on the Company&#8217;s operat</font><font style='font-family:Times New Roman;font-size:10pt;' >ions</font><font style='font-family:Times New Roman;font-size:10pt;' > and financial results. As such and pursuant to Accounting Standards Codification (ASC) 205-20 &#8211; </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Presentation of Financial Statements - Discontinued Operations, </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >operating </font><font style='font-family:Times New Roman;font-size:10pt;' >results of Denville for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2018</font><font style='font-family:Times New Roman;font-size:10pt;' > have</font><font style='font-family:Times New Roman;font-size:10pt;' > been presented in discontinued operations in the consolidated statements of operations. T</font><font style='font-family:Times New Roman;font-size:10pt;' >hese reclassifications and adjustments had no effect on</font><font style='font-family:Times New Roman;font-size:10pt;' > total amounts within the</font><font style='font-family:Times New Roman;font-size:10pt;' > consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheet, </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated statements of </font><font style='font-family:Times New Roman;font-size:10pt;' >operations and </font><font style='font-family:Times New Roman;font-size:10pt;' >comprehensive </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ncome (</font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' >)</font><font style='font-family:Times New Roman;font-size:10pt;' >, consolidated statements of cash flows for any of the periods presented.</font></p><p style='text-align:left;line-height:12pt;' ></p></div>
CY2018Q1 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
71100000 USD
us-gaap Business Acquisition Description Of Acquired Entity
BusinessAcquisitionDescriptionOfAcquiredEntity
DSI, a St. Paul, Minnesota-based life science research company, is a recognized leader in physiologic monitoring focused on delivering preclinical products, systems, services and solutions to its customers.
CY2019Q2 us-gaap Business Acquisition Effective Date Of Acquisition1
BusinessAcquisitionEffectiveDateOfAcquisition1
2018-01-31
us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
1700000 USD
hbio Busniess Combination Purchase Accounting Inventory Fair Value Step Up Amortization
BusniessCombinationPurchaseAccountingInventoryFairValueStepUpAmortization
3700000 USD
CY2018Q2 hbio Preliminary Amount Of Inventory Fair Value Step Up
PreliminaryAmountOfInventoryFairValueStepUp
3800000 USD
hbio Business Combination Proforma Information Amortization Of Intangible Asets
BusinessCombinationProformaInformationAmortizationOfIntangibleAsets
1800000 USD
CY2018Q1 us-gaap Discontinued Operation Name
DiscontinuedOperationName
Denville
CY2018Q1 us-gaap Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
20000000 USD
CY2018Q1 hbio Earn Out Provision Of Discontinued Operations
EarnOutProvisionOfDiscontinuedOperations
3000000 USD
CY2018Q1 hbio Discontinued Operation Earn Out Amount Contingent Consideration
DiscontinuedOperationEarnOutAmountContingentConsideration
3000000 USD
CY2018Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0 USD
CY2018Q2 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
0 USD
CY2018Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
0 USD
CY2018Q2 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
24000 USD
CY2019Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
300000 USD
CY2019Q2 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2023-12-31
CY2019Q2 us-gaap Deferred Compensation Arrangement With Individual Maximum Contractual Term1
DeferredCompensationArrangementWithIndividualMaximumContractualTerm1
P10Y
hbio Amortization Of Intangible Assets Including Amounts Related To Discontinued Operation
AmortizationOfIntangibleAssetsIncludingAmountsRelatedToDiscontinuedOperation
2866000 USD
hbio Amortization Of Intangible Assets Including Amounts Related To Discontinued Operation
AmortizationOfIntangibleAssetsIncludingAmountsRelatedToDiscontinuedOperation
2562000 USD
CY2019Q2 hbio Maximum Percentage Of Target Number Of Restricted Stock Units
MaximumPercentageOfTargetNumberOfRestrictedStockUnits
1.5 pure
CY2018Q4 us-gaap Secured Debt
SecuredDebt
60795000 USD
CY2018Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
62400000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1605000 USD
CY2019Q2 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
393000 USD
CY2018Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
401000 USD
CY2019Q2 us-gaap Loans Payable Current
LoansPayableCurrent
2800000 USD
CY2018Q4 us-gaap Loans Payable Current
LoansPayableCurrent
6383000 USD
CY2018Q1 us-gaap Line Of Credit
LineOfCredit
11900000 USD
CY2018Q1 us-gaap Debt Instrument Payment Terms
DebtInstrumentPaymentTerms
the outstanding term loans began to amortize in equal quarterly installments equal to $0.4 million per quarter on such date and during each of the next three quarters thereafter, $0.6 million per quarter during the next four quarters thereafter and $0.8 million per quarter thereafter, with a balloon payment at maturity.
CY2018Q2 hbio Debt Instrument Quarterly Payment Current Year
DebtInstrumentQuarterlyPaymentCurrentYear
400000 USD
CY2018Q2 hbio Debt Instrument Quarterly Payment Next Year
DebtInstrumentQuarterlyPaymentNextYear
600000 USD
CY2018Q2 hbio Debt Instrument Quarterly Payment Thereafter
DebtInstrumentQuarterlyPaymentThereafter
800000 USD
us-gaap Debt Instrument Term
DebtInstrumentTerm
P5Y
CY2019Q2 hbio Limitation On Pledges Of Capital Stock Of Foreign Subsidiaries
LimitationOnPledgesOfCapitalStockOfForeignSubsidiaries
0.65 pure
CY2018Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
25000000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
332000 USD
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
45124309 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37378802 shares
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
7745507 shares
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
318000 USD
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36082258 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36082258 shares
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
3820000 USD
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
1377000 USD
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1665000 USD
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
0 USD
CY2019Q2 us-gaap Deferred Revenue
DeferredRevenue
3532000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.782 pure
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.198 pure
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
984547 shares
CY2018Q2 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
2600000 USD
CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2182857 shares
CY2018Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
4.25
CY2019Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
4.15
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.36
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.19
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1053656 shares
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
34000 USD
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
734000 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;color:#000000;' >In June 2016, the FASB issued ASU No. 2016-13,&#160;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Financial Instruments&#8212;Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&#160;which amends the impairment model by requiring entities to use a forward-looking approach based on expected losses rather than incurred losses to estimate credit losses on certain types of financial instruments, including trade receivables. This may resul</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >t in the earlier recognition of allowances for losses. The ASU is effective for public entities for fiscal years beginning after December 15, 2019, with early adoption permitted. In May 2019, the FASB issued ASU No. 2019-05, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Financial Instruments &#8211; Credit </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Losses (Topic 326): Targeted Transition Relief</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, which provided additional implementation guidance on the previously issued ASU. Management has not yet completed its assessment of the impact of the new standard on the Company&#8217;s Consolidated Financial Statem</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ents. Currently, the Company believes that the most notable impact of this ASU will relate to its processes around the assessment of the adequacy of its allowance for doubtful accounts on trade accounts receivable and the recognition of credit losses.</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;color:#000000;' >In </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >August 2018, the FASB issued ASU No. 2018-14,&#160;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Disclosure Framework&#8212;Changes to the Disclosure Requirements for Defined Benefit Plans</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, which amends ASC 715 to add, remove and clarify disclosure requirements related to defined benefit pension and other postre</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tirement plans. The ASU is effective for public entities for fiscal years beginning after December 15, 2020, with early adoption permitted. Management has not yet completed its assessment of the impact of the new standard on the Company&#8217;s Consolidated Fina</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ncial 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;color:#000000;' >In April 2019, the FASB issued ASU No. 2019-04, Codification Improvements to Topic 815, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Derivatives and Hedging</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, which updates certain guidance previously issued in ASU No. 2017-12, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Derivatives and Hedging (Topic 815)</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The ASU is effect</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ive as of</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >January 1, 2020, which is the beginning of the first annual period beginning after the issuance of the ASU for public entities that have adopted ASU No. 2017-12. Entities may elect either to retrospectively apply all amendments in the ASU or to p</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >rospectively apply all amendments as of the date of adoption of the ASU. Management has not yet completed its assessment of the impact of the new standard on the Company&#8217;s Consolidated 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;font-style:italic;margin-left:24.5pt;' >Recently Adopted Accounting </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Pronouncements</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;color:#000000;' >&#160;</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 August</font><font style='font-family:Times New Roman;font-size:10pt;' > 201</font><font style='font-family:Times New Roman;font-size:10pt;' >7, the FASB issued ASU No. 2017-12, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Derivatives and Hedging (Topic 815)</font><font style='font-family:Times New Roman;font-size:10pt;' > which amends the hedge accounting recognition and presentation requirements in ASC 815</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Derivatives and Hedging</font><font style='font-family:Times New Roman;font-size:10pt;' >. The Board&#8217;s objectives in issuing the ASU</font><font style='font-family:Times New Roman;font-size:10pt;' > are to (1) improve the transparency and understandability of information conveyed to financial statement users about an entity&#8217;s risk management activities by better aligning the entity&#8217;s financial reporting for hedging relationships with those risk manag</font><font style='font-family:Times New Roman;font-size:10pt;' >ement activities and (2) reduce the complexity of and simplify the application o</font><font style='font-family:Times New Roman;font-size:10pt;' >f hedge accounting by preparers. The</font><font style='font-family:Times New Roman;font-size:10pt;' > ASU is effective for annual reporting periods, including interim periods within those annual reporting periods, beginning after December 15</font><font style='font-family:Times New Roman;font-size:10pt;' >, 201</font><font style='font-family:Times New Roman;font-size:10pt;' >8. The Company adopted this</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > guidance as of January 1, 2019, and it did not have a material impact on its consolidated financial position, results of operations and cash flows.</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 February 2016, the FASB issued ASU No. 2016-02, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, which is intend</font><font style='font-family:Times New Roman;font-size:10pt;' >ed to improve financial reporting about leasing transactions. The update requires a lessee to record on its balance sheet the assets and liabilities for the rights and obligations created by lease terms of more than 12&#160;months. The update is effective for f</font><font style='font-family:Times New Roman;font-size:10pt;' >iscal years beginning after December 15, 2018. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A modified retrospective transition approach is required for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain prac</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tical expedients available. T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company </font><font style='font-family:Times New Roman;font-size:10pt;' >elected</font><font style='font-family:Times New Roman;font-size:10pt;' > to utilize a practical expedient in its method of adoption of the standard</font><font style='font-family:Times New Roman;font-size:10pt;' > and adopted the guidance as of January 1, 2019</font><font style='font-family:Times New Roman;font-size:10pt;' >. &#160;Under this expedient,&#160;which is a &#8220;current-period adjustment method,&#8221; the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >app</font><font style='font-family:Times New Roman;font-size:10pt;' >lied</font><font style='font-family:Times New Roman;font-size:10pt;' > ASC 842 as of January 2019 and</font><font style='font-family:Times New Roman;font-size:10pt;' > recognized operating lease liabilities of $</font><font style='font-family:Times New Roman;font-size:10pt;' >11.7 </font><font style='font-family:Times New Roman;font-size:10pt;' >million and right of use assets of $</font><font style='font-family:Times New Roman;font-size:10pt;' >9.4 </font><font style='font-family:Times New Roman;font-size:10pt;' >million for all leases with lease terms of more than 12 months. There was no impact</font><font style='font-family:Times New Roman;font-size:10pt;' > to retained earnings as of that date.</font><font style='font-family:Times New Roman;font-size:10pt;' > In additio</font><font style='font-family:Times New Roman;font-size:10pt;' >n, the Company adopted the guidance by electing the following practical expedients: (1) the Company did not reassess whether any expired or existing contracts contained leases, (2) the Company did not reassess the lease classification for any expired or ex</font><font style='font-family:Times New Roman;font-size:10pt;' >isting leases, and (3) the Company excluded variable payments from the lease contract consideration and recorded those as incurred. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#8217;s future commitments under lease obligations and additional disclosures are summarized in Note 12.</font></p></div>
dei Document Type
DocumentType
10-Q
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001123494
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8846000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2295000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8714000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2019Q2 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
114000 shares
CY2019Q2 hbio Shareswithheldfortaxesshares
Shareswithheldfortaxesshares
1000 shares
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1169000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
3000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-1464000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2713000 USD
CY2018Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
421000 shares
CY2018Q2 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
273000 shares
CY2018Q2 hbio Shareswithheldfortaxesshares
Shareswithheldfortaxesshares
26000 shares
CY2018Q1 hbio Earn Out Performance Metrics Period
EarnOutPerformanceMetricsPeriod
P2Y
CY2018Q4 us-gaap Goodwill
Goodwill
57304000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1412000 USD
hbio Effective Income Tax Rate Reconciliation Reduction In Tax Rate From Tax Cuts And Jobs Act Of2017
EffectiveIncomeTaxRateReconciliationReductionInTaxRateFromTaxCutsAndJobsActOf2017
0.21 pure
CY2017Q4 us-gaap Deferred Revenue
DeferredRevenue
505000 USD
hbio Deferred Revenue Additions Due To Business Combination
DeferredRevenueAdditionsDueToBusinessCombination
2976000 USD
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
2527000 USD
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
2446000 USD
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-15000 USD
CY2018Q2 us-gaap Deferred Revenue
DeferredRevenue
3547000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
193000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-1000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
77000 USD
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
370000 USD
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
521000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
515000 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
51000 USD
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
103000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
463000 USD
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
1367000 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
11009000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.092 pure
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9400000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11700000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
246000 USD
CY2018Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
24000 USD
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.73
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5624000 USD
CY2019Q2 us-gaap Immaterial Error Correction
ImmaterialErrorCorrection
The immaterial misclassification understated current portion, long term debt and overstated long term debt, less current installments.  This misclassification, in the amount of approximately $4.0 million, related to the classification of the Company’s excess cash flow payment made to its lenders during the quarter ended March 31, 2019 as long term instead of current on its consolidated balance sheet at December 31, 2018.  The misclassification had no impact on total reported debt.
CY2019Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
941000 USD
CY2018Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Revenues
Revenues
57786000 USD
us-gaap Revenues
Revenues
58281000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
25677000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29657000 USD
us-gaap Gross Profit
GrossProfit
32109000 USD
us-gaap Gross Profit
GrossProfit
28624000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
12076000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
11955000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10612000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10642000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5506000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5160000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2866000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2515000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
941000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Operating Expenses
OperatingExpenses
30272000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
108000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-1648000 USD
CY2019Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
0 USD
CY2018Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
0 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-93000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2000 USD
us-gaap Interest Expense
InterestExpense
2781000 USD
us-gaap Interest Expense
InterestExpense
2377000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
0 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-160000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3085000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3034000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5464000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2926000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-7112000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-309000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
236000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2617000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-7348000 USD
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-883000 USD
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
893000 USD
us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
534000 USD
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
673000 USD
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
1251000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
937000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1820000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
0 USD
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Net Income Loss
NetIncomeLoss
-2617000 USD
us-gaap Net Income Loss
NetIncomeLoss
-5528000 USD
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-70
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-210
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-70
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-150
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-70
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-210
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-150
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-191000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1432000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-494000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-99000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-36000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-45000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3266000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7014000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
80349000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
89000 USD
CY2019Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
615000 USD
CY2019Q1 us-gaap Shares Issued
SharesIssued
45433000 shares
CY2019Q2 us-gaap Shares Issued
SharesIssued
45640000 shares
CY2019Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
94000 shares
CY2018Q1 us-gaap Shares Issued
SharesIssued
43409000 shares
CY2018Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
25000 shares
CY2018Q2 us-gaap Shares Issued
SharesIssued
44102000 shares
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
79294000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
11000 USD
CY2018Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
734000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
77012000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
82724000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
89000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-649000 USD
CY2018Q4 us-gaap Shares Issued
SharesIssued
45124000 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
554000 shares
hbio Shareswithheldfortaxesshares
Shareswithheldfortaxesshares
135000 shares
CY2019Q2 us-gaap Shares Issued
SharesIssued
45640000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3000 shares
CY2017Q4 us-gaap Shares Issued
SharesIssued
42764000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
719000 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
805000 shares
hbio Shareswithheldfortaxesshares
Shareswithheldfortaxesshares
211000 shares
CY2018Q2 us-gaap Shares Issued
SharesIssued
44102000 shares
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
77012000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
80900000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1986000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
11000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
8000 USD
hbio Shares Withheld For Taxes Value
SharesWithheldForTaxesValue
603000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1486000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
149000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8173000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13532000 USD
CY2019Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6729000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6936000 USD
CY2019Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
4101000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
3667000 USD
CY2019Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
14458000 USD
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
14484000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
391000 USD
CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
900000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
400000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
400000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
255000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
250000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
352000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
388000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-110000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1038000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
127000 USD
us-gaap Sublease Income
SubleaseIncome
205000 USD
us-gaap Lease Cost
LeaseCost
960000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5391000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1956732 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
2635 shares
CY2018Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
4.25
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
2.28
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1233762 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.36
us-gaap Share Based Compensation
ShareBasedCompensation
1206000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1746000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37682539 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35774334 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37682539 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35774334 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
93785000 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
24907 shares
CY2019Q2 hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
0.97
CY2018Q2 hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
1.81
hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
1.56
hbio Weighted Average Estimated Black Scholes Value Of Option Grants
WeightedAverageEstimatedBlackScholesValueOfOptionGrants
1.81
hbio Allowance For Doubtful Accounts Receivable Additions Business Combination
AllowanceForDoubtfulAccountsReceivableAdditionsBusinessCombination
0 USD
hbio Allowance For Doubtful Accounts Receivable Additions Business Combination
AllowanceForDoubtfulAccountsReceivableAdditionsBusinessCombination
102000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
332000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.106 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.033 pure
CY2019Q1 us-gaap Deferred Revenue
DeferredRevenue
3715000 USD
CY2019Q2 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
421000 USD
CY2019Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
594000 USD
CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-10000 USD
CY2018Q1 us-gaap Deferred Revenue
DeferredRevenue
3853000 USD
CY2018Q2 hbio Deferred Revenue Additions Due To Business Combination
DeferredRevenueAdditionsDueToBusinessCombination
-1000 USD
CY2018Q2 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
1206000 USD
CY2018Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1492000 USD
CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-19000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
3800000 USD
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
200000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1400000 USD
CY2018Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
200000 USD
CY2019Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
200000 USD
CY2019Q2 hbio Shares Withheld For Taxes Value
SharesWithheldForTaxesValue
2000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-474000 USD
hbio Shares Withheld For Taxes Value
SharesWithheldForTaxesValue
423000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
368000 USD
CY2018Q1 hbio Contingent Consideration Earn Out Provision Of Discontinued Operations Year One
ContingentConsiderationEarnOutProvisionOfDiscontinuedOperationsYearOne
2000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
5600000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5600000 USD
dei Entity Shell Company
EntityShellCompany
false
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5600000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5500000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5400000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5300000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4737057 shares
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
329000 USD
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 USD
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2018Q1 hbio Contingent Consideration Earn Out Provision Of Discontinued Operations Year Two
ContingentConsiderationEarnOutProvisionOfDiscontinuedOperationsYearTwo
1000000 USD
CY2019Q2 hbio Contingent Consideration Earnout Maximum
ContingentConsiderationEarnoutMaximum
1000000 USD
CY2019Q2 hbio Realization Of Discontinued Operation Earn Out Contingent Consideration Year One
RealizationOfDiscontinuedOperationEarnOutContingentConsiderationYearOne
0 USD

Files In Submission

Name View Source Status
0001171843-19-005344-index-headers.html Edgar Link pending
0001171843-19-005344-index.html Edgar Link pending
0001171843-19-005344.txt Edgar Link pending
0001171843-19-005344-xbrl.zip Edgar Link pending
exh_311.htm Edgar Link pending
exh_312.htm Edgar Link pending
exh_321.htm Edgar Link pending
exh_322.htm Edgar Link pending
f10q_080819.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hbio-20190630.xml Edgar Link completed
hbio-20190630.xsd Edgar Link pending
hbio-20190630_cal.xml Edgar Link unprocessable
hbio-20190630_def.xml Edgar Link unprocessable
hbio-20190630_lab.xml Edgar Link unprocessable
hbio-20190630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending