Condensed Consolidated Balance Sheets Data:
|
As of:
| |||||||||
| 12/31/2018 | 9/30/2018 | 12/31/2017 | |||||||
| Cash and cash equivalents | $ | 17,861 | $ | 14,202 | $ | 13,290 | |||
| Trade accounts receivable, net | 10,563 | 11,370 | 12,166 | ||||||
| Inventories | 6,520 | 7,104 | 4,966 | ||||||
| Total current assets | 35,621 | 33,456 | 30,999 | ||||||
| Net property and equipment | 2,717 | 2,858 | 1,541 | ||||||
| Total assets | 67,187 | 65,481 | 62,493 | ||||||
| Accounts payable | 1,787 | 3,025 | 2,032 | ||||||
| Accrued expenses | 6,764 | 5,997 | 5,833 | ||||||
| Total current liabilities | 21,418 | 19,583 | 14,419 | ||||||
| Noncurrent liabilities | 2,889 | 2,395 | 8,786 | ||||||
| Total stockholders' equity | 42,880 | 43,503 | 39,288 | ||||||
Reconciliation of Net Earnings (Loss) (GAAP) to Adjusted Net Earnings (Non-GAAP) and Net Earnings (Loss) Per Share – Diluted (GAAP) to Adjusted Net Earnings Per Share – Diluted (Non-GAAP):
| Three Months Ended | Years Ended | |||||||||||||||||
| 12/31/2018 | 12/31/2017 | 9/30/2018 | 12/31/2018 | 12/31/2017 | ||||||||||||||
| Net earnings (loss) (GAAP) | $ | (792) | $ | (4,566) | $ | (566) | $ | 3,037 | $ | 975 | ||||||||
| Acquired intangible amortization | 317 | 245 | 323 | 1,103 | 1,161 | |||||||||||||
| Contingent consideration liability adjustment | 2,828 | 7,525 | 3,057 | 6,901 | 6,976 | |||||||||||||
| Tax adjustments | (4) | - | (5) | (22) | (15) | |||||||||||||
| Adjusted net earnings (Non-GAAP) | $ | 2,349 | $ | 3,204 | $ | 2,809 | $ | 11,019 | $ | 9,097 | ||||||||
| Diluted average shares outstanding | 10,396 | 10,376 | 10,397 | 10,382 | 10,339 | |||||||||||||
| Net earnings (loss) per share – diluted (GAAP) | $ | (0.08) | $ | (0.44) | $ | (0.05) | $ | 0.29 | $ | 0.09 | ||||||||
| Acquired intangible amortization | 0.03 | 0.02 | 0.03 | 0.11 | 0.11 | |||||||||||||
| Contingent consideration liability adjustment | 0.28 | 0.73 | 0.29 | 0.66 | 0.68 | |||||||||||||
| Tax adjustments | - | - | - | - | - | |||||||||||||
| Adjusted net earnings per share – diluted (Non-GAAP) | $ | 0.23 | $ | 0.31 | $ | 0.27 | $ | 1.06 | $ | 0.88 | ||||||||
