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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2012	May 01, 2012
Document And Entity Information [Abstract]
Document Type	10-Q
Document period end date	Mar. 31, 2012
Amendment flag	false
Document Period Focus	Q1
Document Fiscal Year Focus	2012
Current fiscal year end date	--12-12
Entity central index key	0001123494
Entity current reporting status	Yes
Entity filer category	Accelerated Filer
Entity registrant name	HARVARD BIOSCIENCE INC
Entity voluntary filers	No
Entity well known seasoned issuer	No
Entity common stock shares outstanding		28,767,670

Statement of Financial Position - USD ($) $ in Thousands	Mar. 31, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 17,237	$ 17,916
Accounts receivable, net of allowance for doubtful accounts of $342 and $302, respectively	16,170	15,078
Inventories	18,382	18,160
Deferred income tax assets - current	3,913	3,908
Other receivables and other assets	2,816	2,501
Total current assets	58,518	57,563
Property, plant and equipment, net	3,853	3,086
Deferred income tax assets - non-current	8,073	7,925
Amortizable intangible assets, net	23,560	22,367
Goodwill	36,061	34,209
Other indefinite lived intangible assets	1,279	1,269
Other assets	163	215
Total assets	131,507	126,634
Current liabilities:
Accounts payable	4,920	4,959
Deferred revenue	638	483
Accrued income taxes payable	252	251
Accrued expenses	3,686	3,323
Other liabilities - current	1,233	543
Total current liabilities	10,729	9,559
Long-term debt	16,800	16,300
Deferred income tax liabilities - non-current	732	369
Other liabilities- non-current	5,138	4,907
Total liabilities	33,399	31,135
Commitments and contingencies	0	0
Stockholders Equity Abstract
Preferred stock, par value $0.01 per share, 5,000,000 shares authorized	0	0
Common stock, par value $0.01 per share, 80,000,000 shares authorized; 36,498,177 and 36,289,170 shares issued and 28,752,670 and 28,543,663 shares outstanding, respectively	363	362
Additional paid-in-capital	191,974	191,157
Accumulated deficit	(79,101)	(79,630)
Accumulated other comprehensive loss	(4,460)	(5,722)
Treasury stock at cost, 7,745,507 common shares	(10,668)	(10,668)
Total stockholders' equity	98,108	95,499
Total liabilities and stockholders' equity	$ 131,507	$ 126,634

Statement of Financial Position (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2012	Dec. 31, 2011
CONSOLIDATED BALANCE SHEETS
Allowance for doubtful accounts	$ 342	$ 302
Preferred Stock Par value	$ 0.01	$ 0.01
Preferred Stock - Shares Authorized	5,000,000	5,000,000
Common stock par value	$ 0.01	$ 0.01
Common Stock- Shares Authorized	80,000,000	80,000,000
Common Stock- Shares Issued	36,498,177	36,289,170
Common Stock- Shares Outstanding	28,752,670	28,543,663
Treasury Stock common shares	7,745,507	7,745,507

Statement of Earnings and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
Revenues	$ 28,322	$ 26,312
Cost of product revenues	14,922	13,943
Gross profit	13,400	12,369
Sales and marketing expenses	4,768	4,176
General and administrative expenses	4,861	4,355
Research and development expenses	1,714	1,267
Restructuring charges	150	0
Amortization of intangible assets	678	621
Total operating expenses	12,171	10,419
Operating income	1,229	1,950
Other (expense) income:
Foreign exchange	(41)	(21)
Interest expense	(147)	(195)
Interest income	14	15
Other, net	(211)	(74)
Other (expense) income, net	(385)	(275)
Income before income taxes	844	1,675
Income tax expense (benefit)	315	(1)
Discontinued Operations [Abstract]
Net income	$ 529	$ 1,676
Income per share:
Basic earnings per common share	$ 0.02	$ 0.06
Diluted earnings per common share	$ 0.02	$ 0.06
Weighted average common shares:
Basic	28,710	28,389
Diluted	29,673	29,497
Comprehensive Income
Net income	$ 529	$ 1,676
Translation adjustments	1,262	1,855
Total Comprehensive income	$ 1,791	$ 3,531

Statement of Cash Flows - USD ($) $ in Thousands	3 Months Ended
Statement of Cash Flows - USD ($) $ in Thousands	Mar. 31, 2012	Mar. 31, 2011
Cash flows from operating activities:
Net income	$ 529	$ 1,676
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation expense	697	552
Depreciation	317	307
Gain on sales of fixed assets	(3)	(15)
Amortization of catalog costs	71	64
Provision for allowance for doubtful accounts	0	13
Amortization of intangible assets	678	621
Amortization of deferred financing costs	22	22
Deferred income taxes	(104)	71
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable	(682)	1,112
Decrease (increase) in inventories	491	(1,757)
Increase in other receivables and other assets	(54)	(743)
(Decrease) increase in trade accounts payable	(442)	696
(Decrease) increase in accrued income taxes payable	(73)	69
Increase (decrease) in accrued expenses	204	(1,521)
Increase in deferred revenue	117	76
Decrease in other liabilities	(163)	(99)
Net Cash Provided By Operating Activities	1,605	1,144
Cash flows used in investing activities:
Additions to property, plant and equipment	(297)	(444)
Additions to catalog costs	0	(125)
Proceeds from sales of property, plant and equipment	3	19
Acquisitions, net of cash acquired	(3,005)	0
Net cash used in investing activities	(3,299)	(550)
Cash flows provided by (used in) financing activities:
Repayments of debt	0	(901)
Proceeds from issuance of debt	500	0
Net proceeds from issuance of common stock	267	0
Net cash provided by (used in) financing activities	767	(901)
Effect of exchange rate changes on cash	248	691
(Decrease) Increase in cash and cash equivalents	(679)	384
Cash and cash equivalents at the begining of period	17,916	19,704
Cash and cash equivalents at the end of period	17,237	20,088
Supplemental disclosures of cash flow information
Cash paid for interest	137	188
Cash paid for income taxes, net of refunds	$ 490	$ 600

Basis of Presentation and Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2012

Basis of Presentation and Summary of Significant Accounting Policies Disclosure [Abstract]

Basis of Presentation and Summary of Significant Accounting Policies Disclosure [Text Block]

1. Basis of Presentation and Summary of Significant Accounting Policies

Basis of Presentation

The unaudited consolidated financial statements of Harvard Bioscience, Inc. and its wholly-owned subsidiaries (collectively, “Harvard Bioscience,” the “Company,” “our” or “we”) as of March 31, 2012 and for the three months ended March 31, 2012 and 2011 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. The December 31, 2011 consolidated balance sheet was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. However, the Company believes that the disclosures are adequate to make the information presented not misleading. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2011, which was filed with the SEC on March 15, 2012.

In the opinion of management, all adjustments, which include normal recurring adjustments necessary to present a fair statement of financial position as of March 31, 2012, results of operations for the three months ended March 31, 2012 and 2011 and cash flows for the three months ended March 31, 2012 and 2011, as applicable, have been made. The results of operations for the three months ended March 31, 2012 are not necessarily indicative of the operating results for the full fiscal year or any future periods.

Summary of Significant Accounting Policies

The accounting policies underlying the accompanying unaudited consolidated financial statements are those set forth in Note 2 to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2011, which was filed with the SEC on March 15, 2012.

- Definition

The entire disclosure for the organization, consolidation and basis of presentation of financial statements disclosure, and significant accounting policies of the reporting entity. May be provided in more than one note to the financial statements, as long as users are provided with an understanding of (1) the significant judgments and assumptions made by an enterprise in determining whether it must consolidate a VIE and/or disclose information about its involvement with a VIE, (2) the nature of restrictions on a consolidated VIE's assets reported by an enterprise in its statement of financial position, including the carrying amounts of such assets, (3) the nature of, and changes in, the risks associated with an enterprise's involvement with the VIE, and (4) how an enterprise's involvement with the VIE affects the enterprise's financial position, financial performance, and cash flows. Describes procedure if disclosures are provided in more than one note to the financial statements.

+ References + Details

Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2012

Goodwill And Other Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets Disclosure [Text Block]

2. Goodwill and Other Intangible Assets

Intangible assets consist of the following:

									Weighted
		March 31,				December 31,			Average
		2012				2011			Life (a)
		(in thousands)
Amortizable intangible assets:		Gross		Accumulated Amortization		Gross		Accumulated Amortization
Existing technology	$	13,307	$	(9,533)	$	12,405	$	(9,101)	5.5Years
Tradename		6,314		(1,442)		5,840		(1,339)	12.8Years
Distribution agreement/customer relationships		21,735		(6,823)		20,997		(6,438)	12.0Years
Patents		9		(7)		9		(6)	4.1Years
Total amortizable intangible assets		41,365	$	(17,805)		39,251	$	(16,884)

Unamortizable intangible assets:
Goodwill		36,061				34,209
Other indefinite lived intangible assets		1,279				1,269
Total goodwill and other indefinite lived intangible assets		37,340				35,478

Total intangible assets	$	78,705			$	74,729

(a) Weighted average life is as of March 31, 2012

The change in the carrying amount of goodwill for the three months ended March 31, 2012 is as follows:

Goodwill rollforward
			(in thousands)
Balance at December 31, 2011		$	34,209
	Goodwill arising from business combination		1,383
	Effect of change in foreign currency translation		469
Balance at March 31, 2012		$	36,061

Intangible asset amortization expense was $0.7 million and $0.6 million for the three months ended March 31, 2012 and 2011, respectively. Amortization expense of existing amortizable intangible assets is currently estimated to be $2.8 million for the year ending December 31, 2012, $2.6 million for the year ending December 31, 2013, $2.4 million for the year ending December 31, 2014, $2.1 million for the year ending December 31, 2015 and $2.0 million for the year ending December 31, 2016.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Inventories

3 Months Ended

Mar. 31, 2012

Inventories Disclosure [Abstract]

Inventories Disclosure [Text Block]

3. Inventories

Inventories consist of the following:

			March 31,		December 31,
			2012		2011
			(in thousands)
Finished goods		$	8,639	$	8,372
Work in process			749		626
Raw materials			8,994		9,162
	Total	$	18,382	$	18,160

Restructuring and Other Exit Costs

3 Months Ended

Mar. 31, 2012

Restructuring And Other Exit Costs Disclosure [Abstract]

Restructuring And Other Exit Costs Disclosure [Text Block]

4. Restructuring and Other Exit Costs

2012 Restructuring Plan

During the quarter ended March 31, 2012, the management of Harvard Bioscience initiated a plan to reduce operating expenses at Panlab s.l., its Harvard Apparatus Spain subsidiary. The Company recorded restructuring charges of approximately $0.2 million representing severance payments. No charges are expected to be incurred beyond the first quarter of 2012 on this matter.

Activity and liability balances related to these charges were as follows:

		Severance and		Total
		Related Costs
		(in thousands)
Restructuring charges	$	150	$	150
Cash payments		(150)		(150)
Restructuring balance at March 31, 2012	$	-	$	-

2011 Restructuring Plans

During the quarter ended September 30, 2011, the management of Harvard Bioscience initiated a plan to relocate its Hoefer subsidiary's San Francisco, California facility as part of a business improvement initiative. The Company recorded restructuring charges of approximately $0.5 million, which included $0.3 million in fixed asset write offs, $0.1 million in severance payments and $0.1 million in other expenses. The Company anticipates the remaining payments related to the 2011 Restructuring Plan will occur in the second quarter of 2012.

Activity and liability balances related to these charges were as follows:

		Severance and		Fixed Asset
		Related Costs		Write offs		Other		Total
		(in thousands)
Restructuring charges	$	78	$	307	$	110	$	495
Cash payments		(33)		-		(180)		(213)
Non-cash charges		-		(307)		70		(237)
Restructuring balance at December 31, 2011		45		-		-		45
Cash payments		(28)		-		-		(28)
Restructuring balance at March 31, 2012	$	17	$	-	$	-	$	17

Aggregate restructuring charges for all the restructuring plans were as follows:

		Three Months Ended
		March 31,
		2012		2011
		(in thousands)
Restructuring charges	$	150	$	-

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References + Details

Acquisitions

3 Months Ended

Mar. 31, 2012

Acquisitions Disclosure [Abstract]

Acquisitions Disclosure [Text Block]

5. Acquisition

AHN Biotechnologie GmbH

On February 3, 2012, the Company acquired all issued and outstanding shares of AHN Biotechnologie GmbH (“AHN”) for approximately $2.6 million. The Company funded the acquisition from its existing cash balances.

AHN is a manufacturer of plastic laboratory consumables which include pipettes, pipette tips, PCR tubes and spin columns. AHN is located in Nordhausen, Germany. This acquisition is complementary to the Company's molecular biology product line.

The aggregate purchase price for this acquisition was preliminarily allocated to tangible and intangible assets acquired as follows:

		(in thousands)
Tangible assets	$	1,637
Liabilities assumed		(1,581)
Net assets assumed		56

Goodwill and intangible assets:
Goodwill		1,383
Technology		187
Customer relationships		576
Trade name		433
Total goodwill and intangible assets		2,579
Acquisition purchase price	$	2,635

Direct acquisition costs related to AHN recorded in other, net in the Company's consolidated statements of operations, were $0.2 million for the three months ended March 31, 2012.

The results of operations for AHN have been included in the Life Science Research Tools (“LSRT”) segment in the Company's consolidated financial statements from the date of acquisition. The financial results of this acquisition are considered immaterial for the purposes of proforma financial statement disclosures. Goodwill recorded as a result of the acquisition of AHN is not deductible for tax purposes.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Warranties

3 Months Ended

Mar. 31, 2012

Warranties Disclosure [Abstract]

Warranties Disclosure [Text Block]

6. Warranties
Warranties are estimated and accrued at the time sales are recorded. A rollforward of product warranties is as follows:


		Beginning						Ending
		Balance		Payments		Additions		Balance
		(in thousands)

Year ended December 31, 2011	$	158	$	(58)	$	44	$	144

Three months ended March 31, 2012	$	144	$	(31)	$	48	$	161

Employee Benefit Plans

3 Months Ended

Mar. 31, 2012

Employee Benefit Plans Disclosure [Abstract]

Employee Benefit Plans Disclosure [Text Block]

7. Employee Benefit Plans

Certain of the Company's United Kingdom subsidiaries, Harvard Apparatus Limited and Biochrom Limited, maintain contributory, defined benefit or defined contribution pension plans for substantially all of their employees. The components of the Company's defined benefit pension expense were as follows:

		Three Months Ended
		March 31,
		2012		2011
		(in thousands)
Components of net periodic benefit cost:
Service cost	$	85	$	56
Interest cost		198		213
Expected return on plan assets		(136)		(158)
Net amortization loss		51		36
Net periodic benefit cost	$	198	$	147

For the three months ended March 31, 2012 and 2011, the Company contributed $0.2 million to its defined benefit plans. The Company expects to contribute approximately $0.9 million to its defined benefit plans during 2012.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Leases

3 Months Ended

Mar. 31, 2012

Leases Disclosure [Abstract]

Leases Disclosure [Text Block]

8. Leases

The Company has noncancelable operating leases for office and warehouse space expiring at various dates through 2017.

Rent expense, which is recorded on a straight-line basis, is estimated to be $1.2 million for the year ending December 31, 2012. Future minimum lease payments for operating leases, with initial or remaining terms in excess of one year at March 31, 2012, are as follows:

		Operating
		Leases
		(in thousands)
2013	$	772
2014		730
2015		682
2016		679
2017		418
Thereafter		130
Net minimum lease payments	$	3,411

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References + Details

Capital Stock

3 Months Ended

Mar. 31, 2012

Capital Stock Disclosure [Abstract]

Capital Stock Disclosure [Text Block]

9. Capital Stock

Employee Stock Purchase Plan (“ESPP”)

In 2000, the Company approved the ESPP. Under the ESPP, participating employees can authorize the Company to withhold a portion of their base pay during consecutive six-month payment periods for the purchase of shares of the Company's common stock. At the conclusion of the period, participating employees can purchase shares of the Company's common stock at 85% of the lower of the fair market value of the Company's common stock at the beginning or end of the period. Shares are issued under the plan for the six-month periods ending June 30 and December 31. Under this plan, 500,000 shares of common stock are authorized for issuance, of which 410,375 shares were issued as of March 31, 2012. During the three months ended March 31, 2012 and 2011, no shares of the Company's common stock were issued under the ESPP.

Stock Option Plans

We account for share-based payment awards in accordance with the provisions of FASB ASC 718 “Compensation- Stock Compensation”, which requires us to recognize compensation expense for all share-based payment awards made to employees and directors including employee stock options, Restricted Stock Units (“RSUs”) and employee stock purchases related to the ESPP.

A summary of stock option and RSU activity under the Company's stock option and equity plans for the three months ended March 31, 2012 is as follows:

			Stock Options			Restricted Stock Units
					Weighted
			Stock		Average	Restricted
		Available	Options		Exercise	Stock Units		Grant Date
		for Grant	Outstanding		Price	Outstanding		Fair Value

Balance at December 31, 2011		2,700,645	8,519,575	$	4.52	539,450	$	4.32
	Granted	(50,000)	50,000		4.10	-		-
	Exercised	-	(82,500)		3.23	-		-
	Vested (RSU's)	-	-		-	(164,090)		-
	Shares Traded for Taxes	45,912	-		-	-		-
	Cancelled / forfeited	894,962	(847,500)		6.72	(47,462)		4.21
	Fungible share adjustment for RSU's cancelled	11,109	-		-	-		-
Balance at March 31, 2012		3,602,628	7,639,575	$	4.29	327,898	$	4.40

The following assumptions were used to estimate the fair value of the stock options:

	Three Months Ended March 31,
	2012
Volatility	55.52	%
Risk-free interest rate	1.17	%
Expected holding period	6.01	years
Dividend Yield	0.00	%

There were no stock options granted during the three months ended March 31, 2011.

The weighted average fair values of the options granted under the Third Amended and Restated 2000 Stock Option and Incentive Plan (“2000 Plan”) during the three months ended March 31, 2012 was $2.14, using the Black Scholes option-pricing model.

The Company used historical volatility to estimate the expected stock price volatility assumption. Historical volatility was determined by calculating the mean reversion of the daily-adjusted closing stock price. The risk-free interest rate assumption is based upon observed U.S. Treasury bill interest rates (risk free) appropriate for the term of the Company's employee stock options. The expected holding period of employee stock options represents the period of time options are expected to be outstanding and is based on historical experience. The vesting period is generally 4 years and the contractual life is 10 years.

Stock-based compensation expense for the three months ended March 31, 2012 and 2011 consisted of stock-based compensation expense related to employee stock options, RSUs and the ESPP.

Stock-based compensation expense for the three months ended March 31, 2012 and 2011, respectively, was allocated as follows:

		Three Months Ended
		March 31,
		2012		2011
		(in thousands)

Cost of product revenues	$	16	$	14
Sales and marketing		61		38
General and administrative		614		500
Research and development		6		-
Total stock-based compensation	$	697	$	552


We did not capitalize any stock-based compensation.

Weighted Average Common Shares Outstanding

Basic income per share is based upon net income divided by the number of weighted average common shares outstanding during the period. The calculation of diluted net income per share assumes conversion of stock options into common stock using the treasury method. The weighted average number of shares used to compute basic and diluted earnings per share consists of the following:

`	Three Months Ended
	March 31,
	2012	2011

Basic	28,709,758	28,388,638
Effect of assumed conversion of employee and director stock options and restricted stock units	962,997	1,108,199
Diluted	29,672,755	29,496,837

Excluded from the shares used in calculating the diluted earnings per common share in the above table are options to purchase approximately 4,232,539 and 3,436,100 shares of common stock for the three months ended March 31, 2012 and 2011, respectively, as the impact of these shares would be anti-dilutive.

Revolving Credit Facility

3 Months Ended

Mar. 31, 2012

Long Term Debt Disclosure [Abstract]

Long Term Debt Disclosure [Text Block]

10. Revolving Credit Facility

On August 7, 2009, the Company entered into an amended and restated $20.0 million revolving credit loan agreement with Bank of America, as agent, and Bank of America and Brown Brothers Harriman & Co as lenders. On September 30, 2011, the Company entered into the First Amendment to the Amended and Restated Revolving Credit Loan Agreement (the “Amendment”) with Bank of America as agent, and Bank of America and Brown Brothers Harriman & Co as lenders. The Amendment extends the maturity date of the credit facility to August 7, 2013 and reduces the interest rate to the London Interbank Offered Rate (“LIBOR”) plus 3.0%. At March 31, 2012, the interest rate for the facility was 3.24%. The amended and restated facility includes covenants relating to income, debt coverage and cash flow, as well as minimum working capital requirements. The credit facility also contains limitations on the ability to incur additional indebtedness and requires lender approval for acquisitions funded with cash, promissory notes and/or other consideration in excess of $6.0 million and for acquisitions funded solely with equity in excess of $10.0 million.

As of March 31, 2012 and December 31, 2011, the Company had $16.8 million and $16.3 million, respectively, outstanding under its credit facility. The borrowings under the credit facility were primarily related to its acquisitions, and stock repurchases. As of March 31, 2012, the Company was in compliance with all financial covenants contained in the credit facility; and was not subject to any borrowing restrictions under the financial covenants and had available borrowing capacity under its revolving credit facility of $3.2 million.

Income Taxes

3 Months Ended

Mar. 31, 2012

Income Taxes Disclosure [Abstract]

Income Taxes Disclosure [Text Block]

11. Income Tax

The effective income tax rate was 37.3% for the three months ended March 31, 2012. This included benefits related to foreign tax rate differential and research and development tax credits, as well as offsetting discrete expense items related to acquisition costs and stock compensation expense. As described in Note 13 in the Notes to Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2011, the Company had recorded an uncertain tax liability of $0.7 million at the end of 2010. In January 2011, the statute of limitations expired for the return that included $0.5 million of these uncertain tax positions with no change from the tax authorities. Accordingly, the uncertain tax liability of $0.5 million and the associated accrued interest was reversed in the first quarter of 2011 as a discrete item and was included as a benefit in the Income tax expense (benefit) line item in the Consolidated Statements of Operations.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 235
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
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+ Details

Segment Reporting

3 Months Ended

Mar. 31, 2012

Segment Reporting Disclosure Abstract

Segment Reporting Disclosure [Text Block]

12. Segment and Related Information

As described in Note 17 in the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011, the Company has two operating segments aggregated under the LSRT segment, which is the Company’s only reportable segment. These operating segments have similar products and services, customer channels, distribution methods and historical margins. The LSRT segment is engaged in the development, manufacture and marketing of specialized products, primarily apparatus and scientific instruments, used to advance life science research at pharmaceutical and biotechnology companies, universities and government laboratories worldwide.

The Company has one additional operating segment, Regenerative Medicine Device ("RMD"), which does not meet the quantitative thresholds for reportable segments and is therefore disclosed under the caption of “Other”. The RMD division is engaged in the development, manufacturing and marketing of devices used by surgeons in the field of regenerative medicine. Non operating expenses that are not allocated to operating segments are under the caption “Unallocated Expenses”. Unallocated expenses also include certain corporate related expenses that are not allocable to the operating segments.

Summarized financial information on the Company’s reportable segments for the three month periods ended March 31, 2012 and 2011 are shown in the following table. There were no inter segment revenues.

		LSRT		Other		Unallocated		Total
		(in thousands)
Three month period ended March 31, 2012

Total revenues	$	28,322	$	-	$	-	$	28,322
Operating income (loss)		3,634		(1,184)		(1,221)		1,229
Income (loss) before income taxes		3,253		(1,184)		(1,225)		844
Total assets		130,926		179		402		131,507

Three month period ended March 31, 2011

Total revenues		26,312		-		-		26,312
Operating income (loss)		3,704		(455)		(1,299)		1,950
Income (loss) before income taxes		3,464		(455)		(1,334)		1,675
Total assets	$	127,150	$	14	$	379	$	127,543

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2012

Supplemental disclosures of cash flow information

Supplemental Cash Flow Information Disclosure [Text Block]

13. Supplemental disclosures of cash flow information:
		Three Months Ended
		March 31,
		2012		2011
		(in thousands)
Cash paid for acquisitions, net of cash acquired:
Net assets acquired or liabilities assumed	$	56	$	-
Goodwill and intangible assets, net of tax		2,579		-
Payment related to the acquisition of intellectual property from Actimetrics		370		-
Cash paid for acquisitions, net of cash acquired	$	3,005	$	-

Statement of Shareholders Equity - 3 months ended Mar. 31, 2012 $ in Thousands	USD ($)
Total stockholders' equity at begining of the year, Value at Dec. 31, 2011	$ 95,499
Stock-based compensation expense	697
Comprehensive Income
Net income	529
Translation adjustments	1,262
Total Comprehensive income	1,791
Total stockholders' equity at year end, Value at Mar. 31, 2012	$ 98,108

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 8, 9, 10, 11, 12, 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A

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-Name Accounting Standards Codification
-Topic 220
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-Section 45
-Paragraph 5
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-URI http://asc.fasb.org/extlink&oid=6518256

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-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

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-Publisher FASB
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-Name Accounting Research Bulletin (ARB)
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-Paragraph 38
-Subparagraph c(3)
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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 87-21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
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-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Number 130
-Paragraph 10, 15
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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-Number 210
-Article 5
-Section 03
-Paragraph 19

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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-Publisher FASB
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+ Details

- Definition

Change in the balance sheet adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity for the period being reported, net of tax. If an entity's functional currency is a foreign currency, translation adjustments result from the process of translating that entity's financial statements into the reporting currency. Includes gain (loss) on foreign currency forward exchange contracts. Includes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. Includes the gain (loss) on a derivative instrument or nonderivative financial instrument that may give rise to a foreign currency transaction gain (loss) and that have been designated and have qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation.

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+ Details