|
Condensed Consolidated Statements Of Operations And Comprehensive Income (USD $)
In Thousands, except Share data |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2011
|
Jun. 30, 2010
|
|
| Net sales: | Â | Â | Â | Â |
| Hardware | $ 4,752 | $ 6,467 | $ 9,336 | $ 11,285 |
| Service | 9,622 | 8,431 | 18,806 | 16,635 |
| Total net sales | 14,374 | 14,898 | 28,142 | 27,920 |
| Cost of hardware sales | 4,117 | 5,066 | 8,043 | 9,102 |
| Cost of services | 3,957 | 3,425 | 7,713 | 6,659 |
| Gross profit | 6,300 | 6,407 | 12,386 | 12,159 |
| Sales and marketing | 2,229 | 1,759 | 4,397 | 3,546 |
| General, administrative and legal | 2,271 | 2,517 | 4,469 | 4,916 |
| Engineering and development | 574 | 780 | 1,168 | 1,372 |
| Bad debt | 98 | 107 | 179 | 164 |
| Depreciation and amortization | 766 | 860 | 1,541 | 1,732 |
| Operating income | 362 | 384 | 632 | 429 |
| Interest expense | (21) | (5) | (47) | (19) |
| Other income (expense) | 15 | Â | 15 | (40) |
| Income before income taxes | 356 | 379 | 600 | 370 |
| Provision (benefit) for income taxes | 16 | (8) | 30 | 14 |
| Net income | 340 | 387 | 570 | 356 |
| Other comprehensive income (loss), net of income tax: | Â | Â | Â | Â |
| Foreign currency translation adjustment | (13) | Â | (1) | 7 |
| Comprehensive income | $ 327 | $ 387 | $ 569 | $ 363 |
| Basic income per common share | $ 0.02 | $ 0.03 | $ 0.04 | $ 0.02 |
| Diluted income per common share | $ 0.02 | $ 0.03 | $ 0.04 | $ 0.02 |
| Weighted average common shares outstanding: | Â | Â | Â | Â |
| Basic | 15,053 | 15,074 | 15,019 | 15,076 |
| Diluted | 15,844 | 15,234 | 15,767 | 15,226 |