Bowflex (BFXXQ) 10-Q 4 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 31, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	NAUTILUS, INC.
Entity Central Index Key	1,078,207
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		31,106,068

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 40,184	$ 30,778
Available-for-sale securities	33,294	29,998
Trade receivables, net of allowances of $78 and $918	19,670	45,155
Inventories	42,995	42,729
Prepaids and other current assets	7,006	6,888
Income taxes receivable	8,479	439
Deferred income tax assets	0	8,904
Total current assets	151,628	164,891
Property, plant and equipment, net	17,457	16,764
Goodwill	60,475	60,470
Other intangible assets, net	71,433	73,354
Other assets	575	433
Total assets	301,568	315,912
Liabilities and Shareholders' Equity
Trade payables	43,247	61,745
Accrued liabilities	10,491	13,027
Warranty obligations	3,865	4,753
Note payable, current portion, net of unamortized debt issuance costs of $7 and $7	15,993	15,993
Total current liabilities	73,596	95,518
Warranty obligations, non-current	4,264	3,792
Income taxes payable, non-current	5,126	4,116
Deferred income tax liabilities, non-current	13,109	18,380
Other long-term liabilities	4,806	3,144
Note payable, non-current, net of unamortized debt issuance costs of $25 and $29	55,975	63,971
Total liabilities	156,876	188,921
Commitments and contingencies (Note 15)
Shareholders' equity:
Common stock - no par value, 75,000 shares authorized, 31,105 and 31,005 shares issued and outstanding	3,842	796
Retained earnings	142,496	127,522
Accumulated other comprehensive loss	(1,646)	(1,327)
Total shareholders' equity	144,692	126,991
Total liabilities and shareholders' equity	$ 301,568	$ 315,912

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful trade receivables	$ 78	$ 918
Unamortized debt issuance costs, current	7	7
Unamortized debt issuance costs, long-term	$ 25	$ 29
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	31,105,000	31,005,000
Common stock, shares outstanding	31,105,000	31,005,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Net sales	$ 78,529	$ 59,695	$ 199,457	$ 155,934
Cost of sales	36,667	29,039	91,251	71,389
Gross profit	41,862	30,656	108,206	84,545
Operating expenses:
Selling and marketing	24,711	20,052	59,890	48,451
General and administrative	7,203	4,293	15,434	9,871
Research and development	3,375	2,379	7,009	4,686
Total operating expenses	35,289	26,724	82,333	63,008
Operating income	6,573	3,932	25,873	21,537
Other income (expense):
Interest income	68	59	122	103
Interest expense	(514)	(6)	(980)	(11)
Other, net	(136)	(281)	(260)	(397)
Total other expense, net	(582)	(228)	(1,118)	(305)
Income from continuing operations before income taxes	5,991	3,704	24,755	21,232
Income tax expense	2,295	1,485	9,473	8,154
Income from continuing operations	3,696	2,219	15,282	13,078
Discontinued operations:
Loss from discontinued operations before income taxes	(180)	(160)	(304)	(313)
Income tax expense (benefit) from discontinued operations	(14)	(365)	4	(391)
Income (loss) from discontinued operations	(166)	205	(308)	78
Net income	$ 3,530	$ 2,424	$ 14,974	$ 13,156
Earnings Per Share, Basic [Abstract]
Basic income per share from continuing operations (in dollars per share)	$ 0.12	$ 0.07	$ 0.49	$ 0.42
Basic loss per share from discontinued operation (in dollars per share)	(0.01)	0.01	(0.01)	0
Basic net income per share (in dollars per share)	0.11	0.08	0.48	0.42
Earnings Per Share, Diluted [Abstract]
Diluted income per share from continuing operations (in dollars per share)	0.12	0.07	0.49	0.41
Diluted loss per share from discontinued operation (in dollars per share)	(0.01)	0.01	(0.01)	0
Diluted net income per share (in dollars per share)	$ 0.11	$ 0.08	$ 0.48	$ 0.41
Shares used in per share calculations:
Basic (in shares)	31,072	31,485	31,044	31,441
Diluted (in shares)	31,335	31,791	31,315	31,801

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 3,530	$ 2,424	$ 14,974	$ 13,156
Other comprehensive income (loss):
Unrealized gain on available-for-sale securities, net of income tax expense of $4, $5, $16 and $5	8	14	26	13
Loss on derivative securities, effective portion, net of income tax benefit of $63, $0, $476 and $0	(105)	0	(787)	0
Foreign currency translation, net of income tax (benefit) expense of $2, $(1), $(5) and $4	(110)	132	442	(352)
Net other comprehensive income (loss) during period	(207)	146	(319)	(339)
Comprehensive income	$ 3,323	$ 2,570	$ 14,655	$ 12,817

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on marketable securities, tax expense	$ 4	$ 5	$ 16	$ 5
Gain (loss) on derivatives, tax expense	63	0	476	0
Foreign currency translation, tax expense	$ 2	$ (1)	$ (5)	$ 4

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Income from continuing operations	$ 15,282	$ 13,078
Income (loss) from discontinued operations	(308)	78
Net income	14,974	13,156
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	3,964	1,718
Benefit from allowance for doubtful accounts	(876)	(118)
Inventory lower-of-cost-or-market adjustments	133	68
Stock-based compensation expense	1,489	669
Loss on asset dispositions	127	258
Deferred income taxes, net of valuation allowance	5,629	7,322
Excess tax (benefit) deficiency related to stock-based awards	(1,729)	1
Other	5	0
Changes in operating assets and liabilities:
Trade receivables	26,260	13,899
Inventories	1,115	(3,537)
Prepaids and other current assets	(445)	2,679
Income taxes receivable	(8,040)	(121)
Trade payables	(17,530)	(15,281)
Accrued liabilities, including warranty obligations	(2,062)	(2,008)
Net cash provided by operating activities	23,014	18,705
Cash flows from investing activities:
Purchases of available-for-sale securities	(20,305)	(43,240)
Proceeds from maturities of available-for-sale securities	16,938	17,095
Proceeds from sales of available-for-sale securities	71	3,381
Acquisition of business, net of cash acquired	(3,468)	0
Purchases of property, plant and equipment	(706)	(1,252)
Net cash used in investing activities	(7,470)	(24,016)
Cash flows from financing activities:
Payments on long-term debt	(8,000)	0
Payments for stock repurchases	0	(1,996)
Proceeds from exercise of stock options and employee stock plan purchases	431	975
Tax payments related to stock award issuances	(221)	(775)
Excess tax benefit (deficiency) related to stock-based awards	1,729	(1)
Net cash used in financing activities	(6,061)	(1,797)
Effect of exchange rate changes on cash and cash equivalents	(77)	(609)
Increase (decrease) in cash and cash equivalents	9,406	(7,717)
Cash and cash equivalents:
Beginning of period	30,778	45,206
End of period	40,184	37,489
Supplemental disclosure of cash flow information:
Cash paid for interest	(975)	(11)
Cash paid for income taxes, net	(11,305)	(760)
Supplemental disclosure of non-cash investing activities:
Capital expenditures incurred but not yet paid	$ 1,701	$ 1,166

General Information

General Information	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General Information	GENERAL INFORMATION Basis of Consolidation and Presentation The accompanying condensed consolidated financial statements present the financial position, results of operations and cash flows of Nautilus, Inc. and its subsidiaries, all of which are wholly owned. Intercompany transactions and balances have been eliminated in consolidation. The accompanying condensed consolidated financial statements have not been audited. We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Management believes the disclosures contained herein are adequate to make the information presented not misleading. However, these condensed consolidated financial statements should be read in conjunction with our consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2015 (the “ 2015 Form 10-K”). The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Further information regarding significant estimates can be found in our 2015 Form 10-K. In the opinion of management, the accompanying condensed consolidated financial statements reflect all adjustments necessary to present fairly our financial position as of June 30, 2016 and December 31, 2015 , and our results of operations and comprehensive income for the three and six months ended June 30, 2016 and 2015 , and cash flows for the six months ended June 30, 2016 and 2015 . Interim results are not necessarily indicative of results for a full year. Our revenues typically vary seasonally and this seasonality can have a significant effect on operating results, inventory levels and working capital needs. Unless indicated otherwise, all information regarding our operating results pertain to our continuing operations. New Accounting Pronouncements ASU 2016-13 In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2016-13, "Financial Instruments - Credit Losses (Topic 326) - Measurement of Credit Losses on Financial Instruments." The amendments in ASU 2016-13 replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. ASU 2016-13 is effective for public companies' annual periods, including interim periods within those fiscal years, beginning after December 15, 2019, using a modified-retrospective approach, with certain exceptions. Early adoption is permitted. While we do not expect the adoption of ASU 2016-13 to have a material effect on our business, we are evaluating any potential impact that adoption of ASU 2016-13 may have on our financial position, results of operations or cash flows. ASU 2016-12 In May 2016, the FASB issued ASU 2016-12, "Revenue from Contracts with Customers (Topic 606) - Narrow-Scope Improvements and Practical Expedients." ASU 2016-12 clarifies aspects of Topic 606 related to assessing collectibility, presentation of sales taxes, non-cash consideration, and completed contracts and contract modifications at transition, while retaining the related core principles for those areas. The effective date and transition requirements for ASU 2016-12 are the same as the effective date and transition requirements for Topic 606 (ASU 2014-09). While we do not expect the adoption of ASU 2016-12 to have a material effect on our business, we are evaluating any potential impact that adoption of ASU 2016-12 may have on our financial position, results of operations or cash flows. ASU 2016-10 In April 2016, the FASB issued ASU 2016-10, "Revenue from Contracts with Customers (Topic 606) - Identifying Performance Obligations and Licensing." ASU 2016-10 clarifies aspects of Topic 606 related to identifying performance obligations and the licensing implementation guidance, while retaining the related core principles for those areas. The effective date and transition requirements for ASU 2016-10 are the same as the effective date and transition requirements for Topic 606 (ASU 2014-09). While we do not expect the adoption of ASU 2016-10 to have a material effect on our business, we are evaluating any potential impact that adoption of ASU 2016-10 may have on our financial position, results of operations or cash flows. ASU 2016-09 In March 2016, the FASB issued ASU 2016-09, "Compensation - Stock Compensation (Topic 718) - Improvements to Employee Share-Based Payment Accounting." ASU 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for public companies' annual periods, including interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted subject to certain requirements, and the method of application (i.e., retrospective, modified retrospective or prospective) depends on the transaction area that is being amended. We do not expect the adoption of ASU 2016-09 to have a material effect on our financial position, results of operations or cash flows. ASU 2016-02 In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)." ASU 2016-02 replaces the existing guidance in Accounting Standards Codification ("ASC") 840, Leases. The new standards will require companies and other organizations to include lease obligations on their balance sheets, including a dual approach for lessee accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of-use ("ROU") asset and a corresponding lease liability. For finance leases the lessee would recognize interest expense and amortization of the ROU asset, and for operating leases the lessee would recognize a straight-line total lease expense. ASU 2016-02 is effective for public companies' annual periods, and interim periods within those fiscal years, beginning after December 15, 2018. We are currently evaluating any potential impact that adoption of ASU 2016-02 may have on our financial position, results of operations or cash flows. ASU 2015-17 In November 2015, the FASB issued ASU 2015-17, "Income Taxes (Topic 740) - Balance Sheet Classification of Deferred Taxes." ASU 2015-17 simplifies the presentation of deferred income taxes, and requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments apply to all entities that present a classified statement of financial position, and aligns the presentation of deferred income tax assets and liabilities with International Financial Reporting Standards ("IFRS") IAS 1. ASU 2015-17 is effective for public companies' financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Early application is permitted and may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. Our early adoption of ASU 2015-17 in January 2016 did not have a material effect on our financial position, results of operations or cash flows. We are applying ASU 2015-17 on a prospective basis to all deferred tax liabilities and assets, and prior periods have not been retrospectively adjusted. ASU 2015-16 In September 2015, the FASB issued ASU 2015-16, "Business Combinations (Topic 805) - Simplifying the Accounting for Measurement-Period Adjustments." ASU 2015-16 simplifies the presentation of provisional amounts reported for items in a business combination for which the accounting is incomplete by the end of the reporting period in which the combination occurs and during the measurement period have an adjustment to provisional amounts recognized. The amendments in ASU 2015-16 require an entity to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, and to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. ASU 2015-16 is effective for public companies' financial statements issued for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2015 on a prospective basis. Our adoption of ASU 2015-16 as of January 2016 did not have a material effect on our financial position, results of operations or cash flows. ASU 2015-11 In July 2015, the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory (Topic 330).” ASU 2015-11 simplifies the accounting for the valuation of all inventory not accounted for using the last-in, first-out (“LIFO”) method by prescribing inventory be valued at the lower of cost and net realizable value. ASU 2015-11 is effective for public companies' annual periods, including interim periods within those fiscal years, beginning after December 15, 2016 on a prospective basis. Early adoption is permitted. We do not expect the adoption of ASU 2015-11 to have a material effect on our financial position, results of operations or cash flows. ASU 2015-05 In April 2015, the FASB issued ASU 2015-05, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40).” ASU 2015-05 provides guidance regarding the accounting for a customer's fees paid in a cloud computing arrangement, specifically about whether a cloud computing arrangement includes a software license, and if so, how to account for the software license. ASU 2015-05 was effective for public companies' annual periods, including interim periods, beginning after December 15, 2015. Our adoption of ASU 2015-05 in January 2016 did not have a material effect on our financial position, results of operations or cash flows. ASU 2014-12 In June 2014, the FASB issued ASU No. 2014-12, "Compensation - Stock Compensation (Topic 718)." ASU No. 2014-12 addresses accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. ASU 2014-12 indicates that, in such situations, the performance target should be treated as a performance condition and, accordingly, the performance target should not be reflected in estimating the grant-date fair value of the award. Instead, compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved. ASU 2014-12 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Our adoption of ASU 2014-12 in January 2016 did not have a material effect on our financial position, results of operations or cash flows. ASU 2014-09 In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers." ASU 2014-09 clarifies the principles for recognizing revenue and develops a common revenue standard for U.S. GAAP and the International Accounting Standards Board that: • removes inconsistencies and weaknesses in revenue requirements; • provides a more robust framework for addressing revenue issues; • improves comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets; • provides more useful information to users of financial statements through improved disclosure requirements; and • simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. ASU 2014-09 is effective, as amended, for annual and interim periods beginning on or after December 15, 2017. While we do not expect the adoption of ASU 2014-09 to have a material effect on our business, we are still evaluating any potential impact that adoption of ASU 2014-09 may have on our financial position, results of operations or cash flows.

Business Acquisition

Business Acquisition	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Business Acquisition	BUSINESS ACQUISITION On December 31, 2015, we acquired all of the outstanding capital stock of OF Holdings, Inc., sole parent of Octane Fitness, LLC ("Octane"), for an aggregate base purchase price of $115.0 million , plus net adjustments for working capital and cash acquired on the closing date. We funded the acquisition through an $80.0 million term loan and cash on hand. For the three and six months ended June 30, 2016 , Octane contributed net sales of $12.2 million and $24.7 million , respectively. Octane broke even for the second quarter of 2016 , and contributed a net loss of $0.7 million for the first six months of 2016 . Operating results for the three-month current and year-to-date periods included amortization of acquired assets of $0.8 million and $1.5 million , respectively, and purchase accounting related inventory step-up charges of $0.3 million and $1.0 million , respectively. Working capital and other measurement period adjustments as of June 30, 2016 totaled $0.7 million and are detailed in the preliminary valuation table shown below. Total acquisition costs incurred for the six months ended June 30, 2016 were $0.2 million , and cumulative-to-date costs total $0.9 million . These charges were expensed as incurred in general and administrative costs. Purchase Price Allocation Acquired assets and liabilities were recorded at estimated fair value as of the acquisition date. The excess of the purchase price over the estimated fair value of identifiable net assets resulted in the recognition of goodwill of $58.2 million , all of which was assigned to the Retail segment, and is attributed primarily to Octane's intellectual property base, benefits of access to different markets and customers, and employee workforce. The goodwill is not expected to be deductible for income tax purposes. The following table summarizes the preliminary fair values of the net assets acquired and liabilities assumed and measurement period adjustments since December 31, 2015, the acquisition date (in thousands): Preliminary valuation at December 31, 2015 Measurement period adjustments Adjusted preliminary valuation at June 30, 2016 Cash $ 7,759 $ — $ 7,759 Accounts receivable 12,507 — 12,507 Inventories 12,168 1,515 13,683 Prepaid expenses 1,028 (144 ) 884 Deferred tax assets 1,287 (571 ) 716 Property, plant and equipment 3,240 — 3,240 Intangible assets 63,100 — 63,100 Total assets acquired 101,089 800 101,889 Accounts payable 6,215 — 6,215 Accrued liabilities 1,614 — 1,614 Warranty obligations 5,550 — 5,550 Deferred tax liabilities, non-current 20,914 — 20,914 Other non-current liabilities 519 — 519 Total liabilities assumed 34,812 — 34,812 Net identifiable assets acquired 66,277 800 67,077 Goodwill 58,357 (138 ) 58,219 Net assets acquired $ 124,634 $ 662 $ 125,296 The allocation of the purchase price is preliminary and is based upon valuation information available and estimates and assumptions made as of June 30, 2016 . We are still in the process of verifying data and finalizing information including valuation and recording of the assets acquired and liabilities assumed, and the resulting amount of recognized goodwill. The following table sets forth the components of identifiable intangible assets and their estimated fair values and useful lives as of December 31, 2015, the acquisition date (dollars in thousands): Estimated fair value Estimated useful life (years) Weighted-average amortization period (years) Trade name - Octane Fitness $ 23,000 Indefinite N/A Trade name - others 2,600 10 - 15 12.5 Patents 12,800 11 - 24 18 Customer relationships 24,700 10 - 15 13 Definite-lived intangible assets 40,100 Total intangible assets $ 63,100 Summary of Unaudited Pro Forma Information The following table reflects the unaudited pro forma consolidated results of operations for the periods presented, as though the acquisition of Octane had occurred on January 1, 2015 (in thousands, except per share amounts): (unaudited) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Net sales $ 78,529 $ 73,361 $ 199,457 $ 184,491 Net income 3,907 2,220 15,867 12,596 Net income per share: Basic $ 0.13 $ 0.07 $ 0.51 $ 0.40 Diluted 0.12 0.07 0.51 0.40 The unaudited pro forma financial information is presented for illustrative purposes only and is not indicative of the results of operations that would have been realized if the acquisition had been completed on the date indicated, nor is it indicative of future operating results.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	DISCONTINUED OPERATIONS There was no revenue related to discontinued operations for the six months ended June 30, 2016 or the year ended December 31, 2015 . However, we continue to have legal and accounting expenses as we work with authorities on final deregistration of certain foreign entities and product liability expenses associated with product previously sold into the Commercial channel. The following table summarizes liabilities for exit costs related to discontinued operations, included in accrued liabilities in our Condensed Consolidated Balance Sheets (in thousands): Facilities Leases Balance, December 31, 2015 $ 300 Payments (150 ) Balance, June 30, 2016 $ 150 We expect the lease obligations to be paid out through 2016 .

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Factors used in determining the fair value of financial assets and liabilities are summarized into three broad categories: • Level 1 - observable inputs such as quoted prices (unadjusted) in active liquid markets for identical securities as of the reporting date; • Level 2 - other significant directly or indirectly observable inputs, including quoted prices for similar securities, interest rates, prepayment speeds and credit risk; or observable market prices in markets with insufficient volume and/or infrequent transactions; and • Level 3 - significant inputs that are generally unobservable inputs for which there is little or no market data available, including our own assumptions in determining fair value. Assets and liabilities measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 were as follows (in thousands): June 30, 2016 Level 1 Level 2 Level 3 Total Assets: Cash Equivalents Money market funds $ 6,594 $ — $ — $ 6,594 Commercial paper — 5,996 — 5,996 Corporate bonds — 2,012 — 2,012 Total cash equivalents 6,594 8,008 — 14,602 Available-for-Sale Securities Certificates of deposit (1) — 28,235 — 28,235 Corporate bonds — 3,054 — 3,054 U.S. government bonds — 2,005 — 2,005 Total available-for-sale securities — 33,294 — 33,294 Total assets measured at fair value $ 6,594 $ 41,302 $ — $ 47,896 Liabilities: Derivatives Interest rate swap contract $ — $ (1,263 ) $ — $ (1,263 ) Total liabilities measured at fair value $ — $ (1,263 ) $ — $ (1,263 ) December 31, 2015 Level 1 Level 2 Level 3 Total Assets: Cash Equivalents Money market funds $ 1 $ — $ — $ 1 Corporate bonds — 733 — 733 Total cash equivalents 1 733 — 734 Available-for-Sale Securities Certificates of deposit (1) — 25,234 — 25,234 Corporate bonds — 4,764 — 4,764 Total available-for-sale securities — 29,998 — 29,998 Total assets measured at fair value $ 1 $ 30,731 $ — $ 30,732 (1) All certificates of deposit are within current FDIC insurance limits. We did not have any liabilities measured at fair value on a recurring basis as of December 31, 2015 . For our assets measured at fair value on a recurring basis, we recognize transfers between levels at the actual date of the event or change in circumstance that caused the transfer. There were no transfers between levels during the three and six months ended June 30, 2016 , nor for the year ended December 31, 2015 . We did not have any changes to our valuation techniques during the three and six months ended June 30, 2016 , nor for the year ended December 31, 2015 . We classify our marketable securities as available-for-sale and, accordingly, record them at fair value. Level 1 investment valuations are obtained from real-time quotes for transactions in active exchange markets involving identical assets. Level 2 investment valuations are obtained from inputs, other than quoted market prices in active markets, that are directly or indirectly observable in the marketplace and quoted prices in markets with limited volume or infrequent transactions. The factors or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Unrealized holding gains and losses are excluded from earnings and are reported net of tax in comprehensive income until realized. The fair value of our interest rate swap contract is calculated as the present value of estimated future cash flows using discount factors derived from relevant Level 2 market inputs, including forward curves and volatility levels. We recognize or disclose the fair value of certain assets, such as non-financial assets, primarily property, plant and equipment, goodwill, other intangible assets and certain other long-lived assets in connection with impairment evaluations. All of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level 3 of the fair value hierarchy. We did not perform any valuations on assets or liabilities that are valued at fair value on a nonrecurring basis during the first six months of 2016 . During the fourth quarter of 2015 , we performed our annual goodwill and indefinite-lived trade names impairment analyses effective as of October 1, 2015 . During the six months ended June 30, 2016 and the year ended December 31, 2015 , we did not record any other-than-temporary impairments on our financial assets required to be measured at fair value on a nonrecurring basis.

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	DERIVATIVES From time to time, we enter into interest rate swaps to fix a portion of our interest expense. We do not enter into derivative instruments for any purpose other than to manage interest rate exposure to fluctuations in the one-month LIBOR benchmark. That is, we do not engage in interest rate speculation using derivative instruments. As of June 30, 2016 , we had a $72.0 million interest rate swap outstanding with JPMorgan Chase Bank, N.A. This interest rate swap matures on December 31, 2020 and has a fixed rate of 1.42% per annum. The variable rate on the interest rate swap is the one-month LIBOR benchmark. At June 30, 2016 , the one-month LIBOR rate was 0.45% . We typically designate all interest rate swaps as cash flow hedges and, accordingly, record the change in fair value for the effective portion of these interest rate swaps in accumulated other comprehensive income rather than current period earnings until the underlying hedged transaction affects earnings. Gains and losses on the derivative representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in current earnings. For the three and six months ended June 30, 2016 , there was no ineffectiveness. As of June 30, 2016 , we expect to reclassify $0.3 million from accumulated other comprehensive income to earnings within the next twelve months. The fair value of our derivative instruments was included in our Condensed Consolidated Balance Sheets as follows (in thousands): Balance Sheet Classification As of June 30, 2016 December 31, 2015 Derivatives instruments designated as cash flow hedges: Interest rate swap contract Accrued liabilities $ 298 $ — Other long-term liabilities 965 — $ 1,263 $ — The effect of derivative instruments on our Condensed Consolidated Statements of Operations was as follows (in thousands): Statement of Operations Classification Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Derivatives instruments designated as cash flow hedges: Loss recognized in other comprehensive income before reclassifications --- $ (219 ) $ — $ (980 ) $ — Loss reclassified from accumulated other comprehensive income to earnings for the effective portion Interest expense $ (185 ) $ — $ (313 ) $ — Related tax effect Income tax benefit $ 71 $ — $ 120 $ —

Inventories

Inventories	6 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Inventories are stated at the lower of cost or market, with cost determined based on the first-in, first-out method. Our inventories consisted of the following (in thousands): As of June 30, 2016 December 31, 2015 Finished goods $ 39,082 $ 39,115 Parts and components 3,913 3,614 Total inventories $ 42,995 $ 42,729

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following (in thousands): Estimated Useful Life (in years) As of June 30, 2016 December 31, 2015 Automobiles 5 to 6 $ 139 $ 139 Leasehold improvements 5 to 16 3,084 3,397 Computer software and equipment 3 to 7 25,689 23,991 Machinery and equipment 3 to 5 11,993 10,867 Furniture and fixtures 5 to 20 2,124 1,605 Work in progress (1) N/A 488 1,655 Total cost 43,517 41,654 Accumulated depreciation (26,060 ) (24,890 ) Total property, plant and equipment, net $ 17,457 $ 16,764 (1) Work in progress includes production tooling and internal use software development.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The rollforward of goodwill was as follows (in thousands): Direct Retail Total Balance, January 1, 2015 $ 2,520 $ — $ 2,520 Currency exchange rate adjustment (407 ) — (407 ) Business acquisition (Note 2) — 58,357 58,357 Balance, December 31, 2015 2,113 58,357 60,470 Currency exchange rate adjustment 149 (6 ) 143 Business acquisition (Note 2) - measurement period adjustments — (138 ) (138 ) Balance, June 30, 2016 $ 2,262 $ 58,213 $ 60,475 Other Intangible Assets Other intangible assets consisted of the following (in thousands): Estimated Useful Life (in years) As of June 30, 2016 December 31, 2015 Indefinite-lived trademarks N/A $ 32,052 $ 32,052 Definite-lived trademarks 10 to 15 2,600 2,600 Patents 8 to 24 31,487 31,487 Customer relationships 10 to 15 24,700 24,700 90,839 90,839 Accumulated amortization - definite-lived intangible assets (19,406 ) (17,485 ) Other intangible assets, net $ 71,433 $ 73,354 Amortization expense was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Amortization expense $ 961 $ 179 $ 1,921 $ 469 Future amortization of definite-lived intangible assets is as follows (in thousands): Remainder of 2016 $ 1,633 2017 3,256 2018 3,164 2019 3,134 2020 3,108 Thereafter 25,086 $ 39,381

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Accrued Liabilities	ACCRUED LIABILITIES Accrued liabilities consisted of the following (in thousands): As of June 30, 2016 December 31, 2015 Payroll and related liabilities $ 4,070 $ 6,556 Other 6,421 6,471 Total accrued liabilities $ 10,491 $ 13,027

Product Warranties

Product Warranties	6 Months Ended
	Jun. 30, 2016
Product Warranties Disclosures [Abstract]
Product Warranties	PRODUCT WARRANTIES Our products carry defined warranties for defects in materials or workmanship which, according to their terms, generally obligate us to pay the costs of supplying and shipping replacement parts to customers and, in certain instances, pay for labor and other costs to service products. Outstanding product warranty periods range from thirty days to, in limited circumstances, the lifetime of certain product components. We record a liability at the time of sale for the estimated costs of fulfilling future warranty claims. If necessary, we adjust the liability for specific warranty-related matters when they become known and are reasonably estimable. Estimated warranty expense is included in cost of sales, based on historical warranty claim experience and available product quality data. Warranty expense is affected by the performance of new products, significant manufacturing or design defects not discovered until after the product is delivered to the customer, product failure rates, and higher or lower than expected repair costs. If warranty expense differs from previous estimates, or if circumstances change such that the assumptions inherent in previous estimates are no longer valid, the amount of product warranty obligations is adjusted accordingly. Changes in our product warranty obligations were as follows (in thousands): Six Months Ended June 30, 2016 2015 Balance, beginning of period $ 8,545 $ 2,246 Accruals 1,644 1,691 Payments (2,060 ) (1,118 ) Balance, end of period $ 8,129 $ 2,819

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Accumulated other comprehensive income (loss), net of applicable taxes, reported on our Condensed Consolidated Balance Sheets consists of unrealized holding gains and losses on available-for-sale securities, effective portions of gains and losses of derivative securities designated as cash flow hedges, and foreign currency translation adjustments. The following tables set forth the changes in accumulated other comprehensive income (loss), net of tax (in thousands) for the periods presented: Unrealized Gain on Available-for-Sale Securities Loss on Derivative Securities (Effective Portion) Foreign Currency Translation Adjustments Accumulated Other Comprehensive Loss Balance, March 31, 2016 $ 2 $ (682 ) $ (759 ) $ (1,439 ) Current period other comprehensive income (loss) before reclassifications 8 (219 ) (110 ) (321 ) Reclassification of amounts to earnings — 114 — 114 Net other comprehensive income (loss) during period 8 (105 ) (110 ) (207 ) Balance, June 30, 2016 $ 10 $ (787 ) $ (869 ) $ (1,646 ) Unrealized Gain (Loss) on Available-for-Sale Securities Loss on Derivative Securities (Effective Portion) Foreign Currency Translation Adjustments Accumulated Other Comprehensive Loss Balance, December 31, 2015 $ (16 ) $ — $ (1,311 ) $ (1,327 ) Current period other comprehensive income (loss) before reclassifications 26 (980 ) 442 (512 ) Reclassification of amounts to earnings — 193 — 193 Net other comprehensive income (loss) during period 26 (787 ) 442 (319 ) Balance, June 30, 2016 $ 10 $ (787 ) $ (869 ) $ (1,646 ) Unrealized Gain (Loss) on Available-for-Sale Securities Foreign Currency Translation Adjustments Accumulated Other Comprehensive Income (Loss) Balance, March 31, 2015 $ (19 ) $ (774 ) $ (793 ) Current period other comprehensive income 14 132 146 Balance, June 30, 2015 $ (5 ) $ (642 ) $ (647 ) Unrealized Gain (Loss) on Available-for-Sale Securities Foreign Currency Translation Adjustments Accumulated Other Comprehensive Loss Balance, December 31, 2014 $ (18 ) $ (290 ) $ (308 ) Current period other comprehensive income (loss) 13 (352 ) (339 ) Balance, June 30, 2015 $ (5 ) $ (642 ) $ (647 )

Stock Repurchase Program

Stock Repurchase Program	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stock Repurchase Program	STOCK REPURCHASE PROGRAM On November 3, 2014 , our Board of Directors approved a stock repurchase program that authorized us to repurchase up to $15.0 million of our outstanding common stock from time to time during the ensuing period of 24 months. On May 4, 2016 , our Board of Directors approved an expansion of our share repurchase program that authorized us to repurchase up to an additional $10.0 million of our outstanding common stock from time to time during the period of 24 months following such approval. Repurchases may be made in open market transactions at prevailing prices, in privately negotiated transactions, or by other means in accordance with federal securities laws. Share repurchases are funded from existing cash balances, and the repurchased shares are retired and returned to unissued authorized shares. As of June 30, 2016 , a total of $13.4 million remains available for future repurchases. The repurchase program expires on November 3, 2016 as to the approximately $3.4 million remaining available for repurchases under the original $15.0 million authorization. The repurchase program expires on May 4, 2018 as to the $10.0 million available for repurchases under the $10.0 million expansion. There were no repurchases during the three and six months ended June 30, 2016 . Repurchases pursuant to the program were as follows: Quarter Ended Number of Shares Repurchased Amount Average Price Per Share March 31, 2015 133,877 $1,995,982 $14.91 September 30, 2015 577,831 9,571,545 16.56 Totals to Date 711,708 $11,567,527 $16.25

Income Per Share

Income Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Income Per Share	INCOME PER SHARE Basic per share amounts were computed using the weighted average number of common shares outstanding. Diluted per share amounts were calculated using the number of basic weighted average shares outstanding increased by dilutive potential common shares related to stock-based awards, as determined by the treasury stock method. The weighted average numbers of shares outstanding used to compute income per share were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Shares used to calculate basic income per share 31,072 31,485 31,044 31,441 Dilutive effect of outstanding stock options, performance stock units and restricted stock units 263 306 271 360 Shares used to calculate diluted income per share 31,335 31,791 31,315 31,801 The weighted average numbers of shares outstanding listed in the table below were anti-dilutive and excluded from the computation of diluted income per share because the average market price did not exceed the exercise price. These shares may be dilutive potential common shares in the future (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Stock options 11 8 11 11

Segment and Enterprise-wide Inf

Segment and Enterprise-wide Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment and Enterprise-wide Information	SEGMENT AND ENTERPRISE-WIDE INFORMATION We operate in three segments - Direct, Retail, and Commercial and Specialty. Based on the aggregation criteria of ASC 280-10, we determined that two of the operating segments (Retail and Commercial and Specialty) can be aggregated due to these segments having similar economic and other characteristics. As a result, we have two reportable segments - Direct and Retail. This financial reporting structure was effective as of December 31, 2015 , the date on which we acquired Octane. We evaluate performance using several factors, of which the primary financial measures are net sales and reportable segment contribution. Contribution is the measure of profit or loss, defined as net sales less product costs and directly attributable expenses. Directly attributable expenses include selling and marketing expenses, general and administrative expenses, and research and development expenses that are directly related to segment operations. Segment assets are those directly assigned to an operating segment's operations, primarily accounts receivable, inventories, goodwill and other intangible assets. Unallocated assets primarily include cash and cash equivalents, available-for-sale securities, shared information technology infrastructure, distribution centers, corporate headquarters, prepaids and other current assets, deferred income tax assets and other assets. Capital expenditures directly attributable to the Direct and Retail segments were not significant in any period. Following is summary information by reportable segment (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Net sales: Direct $ 44,940 $ 41,662 $ 126,174 $ 115,719 Retail 32,911 17,404 71,716 38,694 Royalty 678 629 1,567 1,521 Consolidated net sales $ 78,529 $ 59,695 $ 199,457 $ 155,934 Contribution: Direct $ 7,525 $ 5,106 $ 28,669 $ 24,677 Retail 4,117 1,176 8,061 2,676 Royalty 678 629 1,548 1,521 Consolidated contribution $ 12,320 $ 6,911 $ 38,278 $ 28,874 Reconciliation of consolidated contribution to income from continuing operations: Consolidated contribution $ 12,320 $ 6,911 $ 38,278 $ 28,874 Amounts not directly related to segments: Operating expenses (5,747 ) (2,979 ) (12,405 ) (7,337 ) Other expense, net (582 ) (228 ) (1,118 ) (305 ) Income tax expense (2,295 ) (1,485 ) (9,473 ) (8,154 ) Income from continuing operations $ 3,696 $ 2,219 $ 15,282 $ 13,078 There was no material change in the allocation of assets by segment during the first six months of 2016 and, accordingly, assets by segment are not presented. For the three and six months ended June 30, 2016 , Amazon.com accounted for 12.3% and 10.0% , respectively, of total net sales. For the second quarter of 2015 , Amazon.com represented 13.2% of our total net sales, and no customer represented 10.0% or more of total net sales for the first six months of 2015 .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Guarantees, Commitments and Off-Balance Sheet Arrangements As of June 30, 2016 , we had approximately $0.6 million in standby letters of credit with certain vendors expiring April 2017 . We have long lead times for inventory purchases and, therefore, must secure factory capacity from our vendors in advance. As of June 30, 2016 , we had approximately $36.2 million in noncancelable market-based purchase obligations, primarily for inventory purchases expected to be received within the next twelve months. Purchase obligations can vary from quarter-to-quarter and versus the same period in prior years due to a number of factors, including the amount of products that are shipped directly to Retail customer warehouses versus through Nautilus warehouses. In the ordinary course of business, we enter into agreements that require us to indemnify counterparties against third-party claims. These may include: agreements with vendors and suppliers, under which we may indemnify them against claims arising from use of their products or services; agreements with customers, under which we may indemnify them against claims arising from their use or sale of our products; real estate and equipment leases, under which we may indemnify lessors against third-party claims relating to the use of their property; agreements with licensees or licensors, under which we may indemnify the licensee or licensor against claims arising from their use of our intellectual property or our use of their intellectual property; and agreements with parties to debt arrangements, under which we may indemnify them against claims relating to their participation in the transactions. The nature and terms of these indemnification obligations vary from contract to contract, and generally a maximum obligation is not stated within the agreements. We hold insurance policies that mitigate potential losses arising from certain types of indemnification obligations. Management does not deem these obligations to be significant to our financial position, results of operations or cash flows and, therefore, no related liabilities were recorded as of June 30, 2016 . Legal Matters In 2004, we were sued in the Southern District of New York by BioSig Instruments, Inc. for alleged patent infringement in connection with our incorporation of heart rate monitors into certain cardio products. No significant activity in the litigation occurred until 2008. In 2012, the United States District Court granted summary judgment to us on grounds that BioSig’s patents were invalid as a matter of law. BioSig appealed the grant of summary judgment and, in April 2013, the United States Court of Appeals for the Federal Circuit reversed the District Court’s decision on summary judgment and remanded the case to the District Court for further proceedings. On January 10, 2014, the U. S. Supreme Court granted our petition for a writ of certiorari to address the legal standard applied by the Federal Circuit in determining whether the patents may be valid under applicable law. The case was argued before the Supreme Court on April 28, 2014. By decision dated June 2, 2014, the Supreme Court unanimously reversed the Federal Circuit, holding that its standard of when a patent may be “indefinite” was incorrect and remanding to the Federal Circuit for reconsideration under the correct standard. The remand hearing in the Federal Circuit was held on October 29, 2014. By decision dated April 27, 2015, the same panel of the Federal Circuit affirmed its earlier reversal of the District Court’s decision on summary judgment. On May 27, 2015, we filed a petition for a rehearing en banc in the Federal Circuit, which was denied on August 4, 2015 and a Petition for Review by the U. S. Supreme Court which was also denied. The case has been returned to the District Court, and the parties are currently engaged in discovery and other pre-trial motion practice. We do not believe that our use of heart rate monitors utilized or purchased from third parties, and otherwise, infringes the BioSig patents. In addition to the matter described above, from time to time, we may be involved in various claims, lawsuits and other proceedings. These legal and tax proceedings involve uncertainty as to the eventual outcomes and losses which may be realized when one or more future events occur or fail to occur. Litigation and jury verdicts are, to some degree, inherently unpredictable, and although we have determined that a loss is not probable in connection with any current legal proceeding, it is reasonably possible that a loss may be incurred in connection with proceedings to which we are a party. Assessment of whether incurrence of a loss is probable, or a reasonable possibility, in connection with a particular proceeding, and estimation of the loss, or a range of loss, involves complex judgments and numerous uncertainties. Management is unable to estimate a range of reasonably possible losses related to litigation in which the damages sought are indeterminate, or the legal and factual basis for the relevant claims have not been developed with specificity. As such, zero liability is recorded as of June 30, 2016 . We regularly monitor our estimated exposure to these contingencies and, as additional information becomes known, may change our estimates accordingly. We evaluate, on a quarterly basis, developments in legal proceedings, investigations or claims that could affect the amount of any accrual, as well as any developments that would make a loss probable or reasonably possible, and whether the amount of a probable or reasonably possible loss is estimable. Among other factors, we evaluate the advice of internal and external counsel, the outcomes from similar litigation, current status of the lawsuits (including settlement initiatives), legislative developments and other factors. Due to the numerous variables associated with these judgments and assumptions, both the precision and reliability of the resulting estimates of the related loss contingencies are subject to substantial uncertainties.

Business Acquisition (Tables)

Business Acquisition (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary fair values of the net assets acquired and liabilities assumed and measurement period adjustments since December 31, 2015, the acquisition date (in thousands): Preliminary valuation at December 31, 2015 Measurement period adjustments Adjusted preliminary valuation at June 30, 2016 Cash $ 7,759 $ — $ 7,759 Accounts receivable 12,507 — 12,507 Inventories 12,168 1,515 13,683 Prepaid expenses 1,028 (144 ) 884 Deferred tax assets 1,287 (571 ) 716 Property, plant and equipment 3,240 — 3,240 Intangible assets 63,100 — 63,100 Total assets acquired 101,089 800 101,889 Accounts payable 6,215 — 6,215 Accrued liabilities 1,614 — 1,614 Warranty obligations 5,550 — 5,550 Deferred tax liabilities, non-current 20,914 — 20,914 Other non-current liabilities 519 — 519 Total liabilities assumed 34,812 — 34,812 Net identifiable assets acquired 66,277 800 67,077 Goodwill 58,357 (138 ) 58,219 Net assets acquired $ 124,634 $ 662 $ 125,296
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The following table sets forth the components of identifiable intangible assets and their estimated fair values and useful lives as of December 31, 2015, the acquisition date (dollars in thousands): Estimated fair value Estimated useful life (years) Weighted-average amortization period (years) Trade name - Octane Fitness $ 23,000 Indefinite N/A Trade name - others 2,600 10 - 15 12.5 Patents 12,800 11 - 24 18 Customer relationships 24,700 10 - 15 13 Definite-lived intangible assets 40,100 Total intangible assets $ 63,100
Business Acquisition, Pro Forma Information	The following table reflects the unaudited pro forma consolidated results of operations for the periods presented, as though the acquisition of Octane had occurred on January 1, 2015 (in thousands, except per share amounts): (unaudited) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Net sales $ 78,529 $ 73,361 $ 199,457 $ 184,491 Net income 3,907 2,220 15,867 12,596 Net income per share: Basic $ 0.13 $ 0.07 $ 0.51 $ 0.40 Diluted 0.12 0.07 0.51 0.40

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Schedule of liabilities for exit costs related to discontinued operations	The following table summarizes liabilities for exit costs related to discontinued operations, included in accrued liabilities in our Condensed Consolidated Balance Sheets (in thousands): Facilities Leases Balance, December 31, 2015 $ 300 Payments (150 ) Balance, June 30, 2016 $ 150

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Assets measured at fair value on a recurring basis	Assets and liabilities measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 were as follows (in thousands): June 30, 2016 Level 1 Level 2 Level 3 Total Assets: Cash Equivalents Money market funds $ 6,594 $ — $ — $ 6,594 Commercial paper — 5,996 — 5,996 Corporate bonds — 2,012 — 2,012 Total cash equivalents 6,594 8,008 — 14,602 Available-for-Sale Securities Certificates of deposit (1) — 28,235 — 28,235 Corporate bonds — 3,054 — 3,054 U.S. government bonds — 2,005 — 2,005 Total available-for-sale securities — 33,294 — 33,294 Total assets measured at fair value $ 6,594 $ 41,302 $ — $ 47,896 Liabilities: Derivatives Interest rate swap contract $ — $ (1,263 ) $ — $ (1,263 ) Total liabilities measured at fair value $ — $ (1,263 ) $ — $ (1,263 ) December 31, 2015 Level 1 Level 2 Level 3 Total Assets: Cash Equivalents Money market funds $ 1 $ — $ — $ 1 Corporate bonds — 733 — 733 Total cash equivalents 1 733 — 734 Available-for-Sale Securities Certificates of deposit (1) — 25,234 — 25,234 Corporate bonds — 4,764 — 4,764 Total available-for-sale securities — 29,998 — 29,998 Total assets measured at fair value $ 1 $ 30,731 $ — $ 30,732 (1) All certificates of deposit are within current FDIC insurance limits.

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Liabilities at Fair Value	The fair value of our derivative instruments was included in our Condensed Consolidated Balance Sheets as follows (in thousands): Balance Sheet Classification As of June 30, 2016 December 31, 2015 Derivatives instruments designated as cash flow hedges: Interest rate swap contract Accrued liabilities $ 298 $ — Other long-term liabilities 965 — $ 1,263 $ —
Derivative Instruments, Gain (Loss)	The effect of derivative instruments on our Condensed Consolidated Statements of Operations was as follows (in thousands): Statement of Operations Classification Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Derivatives instruments designated as cash flow hedges: Loss recognized in other comprehensive income before reclassifications --- $ (219 ) $ — $ (980 ) $ — Loss reclassified from accumulated other comprehensive income to earnings for the effective portion Interest expense $ (185 ) $ — $ (313 ) $ — Related tax effect Income tax benefit $ 71 $ — $ 120 $ —

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Schedule of Inventories, Net of Valuation Allowances	Our inventories consisted of the following (in thousands): As of June 30, 2016 December 31, 2015 Finished goods $ 39,082 $ 39,115 Parts and components 3,913 3,614 Total inventories $ 42,995 $ 42,729

Property, Plant, and Equipment

Property, Plant, and Equipment (Tables)	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consisted of the following (in thousands): Estimated Useful Life (in years) As of June 30, 2016 December 31, 2015 Automobiles 5 to 6 $ 139 $ 139 Leasehold improvements 5 to 16 3,084 3,397 Computer software and equipment 3 to 7 25,689 23,991 Machinery and equipment 3 to 5 11,993 10,867 Furniture and fixtures 5 to 20 2,124 1,605 Work in progress (1) N/A 488 1,655 Total cost 43,517 41,654 Accumulated depreciation (26,060 ) (24,890 ) Total property, plant and equipment, net $ 17,457 $ 16,764 (1) Work in progress includes production tooling and internal use software development.

Goodwill and Other Intangible29

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill and Other Intangible Assets	The rollforward of goodwill was as follows (in thousands): Direct Retail Total Balance, January 1, 2015 $ 2,520 $ — $ 2,520 Currency exchange rate adjustment (407 ) — (407 ) Business acquisition (Note 2) — 58,357 58,357 Balance, December 31, 2015 2,113 58,357 60,470 Currency exchange rate adjustment 149 (6 ) 143 Business acquisition (Note 2) - measurement period adjustments — (138 ) (138 ) Balance, June 30, 2016 $ 2,262 $ 58,213 $ 60,475 Other Intangible Assets Other intangible assets consisted of the following (in thousands): Estimated Useful Life (in years) As of June 30, 2016 December 31, 2015 Indefinite-lived trademarks N/A $ 32,052 $ 32,052 Definite-lived trademarks 10 to 15 2,600 2,600 Patents 8 to 24 31,487 31,487 Customer relationships 10 to 15 24,700 24,700 90,839 90,839 Accumulated amortization - definite-lived intangible assets (19,406 ) (17,485 ) Other intangible assets, net $ 71,433 $ 73,354
Amortization Expense	Amortization expense was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Amortization expense $ 961 $ 179 $ 1,921 $ 469
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Future amortization of definite-lived intangible assets is as follows (in thousands): Remainder of 2016 $ 1,633 2017 3,256 2018 3,164 2019 3,134 2020 3,108 Thereafter 25,086 $ 39,381

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following (in thousands): As of June 30, 2016 December 31, 2015 Payroll and related liabilities $ 4,070 $ 6,556 Other 6,421 6,471 Total accrued liabilities $ 10,491 $ 13,027

Product Warranties (Tables)

Product Warranties (Tables)	6 Months Ended
	Jun. 30, 2016
Product Warranties Disclosures [Abstract]
Schedule of Product Warranty Liability	Changes in our product warranty obligations were as follows (in thousands): Six Months Ended June 30, 2016 2015 Balance, beginning of period $ 8,545 $ 2,246 Accruals 1,644 1,691 Payments (2,060 ) (1,118 ) Balance, end of period $ 8,129 $ 2,819

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables set forth the changes in accumulated other comprehensive income (loss), net of tax (in thousands) for the periods presented: Unrealized Gain on Available-for-Sale Securities Loss on Derivative Securities (Effective Portion) Foreign Currency Translation Adjustments Accumulated Other Comprehensive Loss Balance, March 31, 2016 $ 2 $ (682 ) $ (759 ) $ (1,439 ) Current period other comprehensive income (loss) before reclassifications 8 (219 ) (110 ) (321 ) Reclassification of amounts to earnings — 114 — 114 Net other comprehensive income (loss) during period 8 (105 ) (110 ) (207 ) Balance, June 30, 2016 $ 10 $ (787 ) $ (869 ) $ (1,646 ) Unrealized Gain (Loss) on Available-for-Sale Securities Loss on Derivative Securities (Effective Portion) Foreign Currency Translation Adjustments Accumulated Other Comprehensive Loss Balance, December 31, 2015 $ (16 ) $ — $ (1,311 ) $ (1,327 ) Current period other comprehensive income (loss) before reclassifications 26 (980 ) 442 (512 ) Reclassification of amounts to earnings — 193 — 193 Net other comprehensive income (loss) during period 26 (787 ) 442 (319 ) Balance, June 30, 2016 $ 10 $ (787 ) $ (869 ) $ (1,646 ) Unrealized Gain (Loss) on Available-for-Sale Securities Foreign Currency Translation Adjustments Accumulated Other Comprehensive Income (Loss) Balance, March 31, 2015 $ (19 ) $ (774 ) $ (793 ) Current period other comprehensive income 14 132 146 Balance, June 30, 2015 $ (5 ) $ (642 ) $ (647 ) Unrealized Gain (Loss) on Available-for-Sale Securities Foreign Currency Translation Adjustments Accumulated Other Comprehensive Loss Balance, December 31, 2014 $ (18 ) $ (290 ) $ (308 ) Current period other comprehensive income (loss) 13 (352 ) (339 ) Balance, June 30, 2015 $ (5 ) $ (642 ) $ (647 )

Stock Repurchase Program Stock

Stock Repurchase Program Stock Repurchase Program (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of Stock Repurchases	Repurchases pursuant to the program were as follows: Quarter Ended Number of Shares Repurchased Amount Average Price Per Share March 31, 2015 133,877 $1,995,982 $14.91 September 30, 2015 577,831 9,571,545 16.56 Totals to Date 711,708 $11,567,527 $16.25

Income Per Share (Tables)

Income Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares Outstanding Used to Compute Income Per Share	The weighted average numbers of shares outstanding used to compute income per share were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Shares used to calculate basic income per share 31,072 31,485 31,044 31,441 Dilutive effect of outstanding stock options, performance stock units and restricted stock units 263 306 271 360 Shares used to calculate diluted income per share 31,335 31,791 31,315 31,801
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The weighted average numbers of shares outstanding listed in the table below were anti-dilutive and excluded from the computation of diluted income per share because the average market price did not exceed the exercise price. These shares may be dilutive potential common shares in the future (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Stock options 11 8 11 11

Segment and Enterprise-wide I35

Segment and Enterprise-wide Information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Summary Information by Reportable Segments	Following is summary information by reportable segment (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Net sales: Direct $ 44,940 $ 41,662 $ 126,174 $ 115,719 Retail 32,911 17,404 71,716 38,694 Royalty 678 629 1,567 1,521 Consolidated net sales $ 78,529 $ 59,695 $ 199,457 $ 155,934 Contribution: Direct $ 7,525 $ 5,106 $ 28,669 $ 24,677 Retail 4,117 1,176 8,061 2,676 Royalty 678 629 1,548 1,521 Consolidated contribution $ 12,320 $ 6,911 $ 38,278 $ 28,874 Reconciliation of consolidated contribution to income from continuing operations: Consolidated contribution $ 12,320 $ 6,911 $ 38,278 $ 28,874 Amounts not directly related to segments: Operating expenses (5,747 ) (2,979 ) (12,405 ) (7,337 ) Other expense, net (582 ) (228 ) (1,118 ) (305 ) Income tax expense (2,295 ) (1,485 ) (9,473 ) (8,154 ) Income from continuing operations $ 3,696 $ 2,219 $ 15,282 $ 13,078

Business Acquisition (Details)

Business Acquisition (Details) - USD ($)	Dec. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Jun. 30, 2016
Business Acquisition [Line Items]
Net loss		$ 3,530,000	$ 2,424,000	$ 14,974,000	$ 13,156,000
Amortization expense		961,000	$ 179,000	1,921,000	$ 469,000
Goodwill, acquired during period						$ 58,357,000
Octane Fitness
Business Acquisition [Line Items]
Purchase price	$ 115,000,000
Net sales		12,200,000		24,700,000
Net loss				(700,000)
Amortization expense		800,000		1,500,000
Inventory step-up expense		$ 300,000		1,000,000
Measurement period adjustments, assets, goodwill and liabilities				662,000
Acquisition costs				$ 200,000			$ 900,000
JPMorgan Chase Bank, N.A. | Term Loan | Octane Fitness
Business Acquisition [Line Items]
Maximum revolving secured credit line	$ 80,000,000					80,000,000
Retail
Business Acquisition [Line Items]
Goodwill, acquired during period						58,357,000
Retail | Octane Fitness
Business Acquisition [Line Items]
Goodwill, acquired during period						$ 58,200,000

Business Acquisition - Assets A

Business Acquisition - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill	$ 60,475	$ 60,470	$ 2,520
Measurement period adjustments, goodwill	(138)
Octane Fitness
Business Acquisition [Line Items]
Cash	7,759	7,759
Accounts receivable	12,507	12,507
Inventories	13,683	12,168
Prepaid expenses	884	1,028
Deferred tax assets	716	1,287
Property, plant and equipment	3,240	3,240
Intangible assets	63,100	63,100
Total assets acquired	101,889	101,089
Accounts payable	6,215	6,215
Accrued liabilities	1,614	1,614
Warranty obligations	5,550	5,550
Deferred tax liabilities, non-current	20,914	20,914
Other non-current liabilities	519	519
Total liabilities assumed	34,812	34,812
Net identifiable assets acquired	67,077	66,277
Goodwill	58,219	58,357
Net assets acquired	125,296	$ 124,634
Measurement period adjustments, inventories	1,515
Measurement period adjustments, prepaid expenses	(144)
Measurement period adjustments, deferred tax assets	(571)
Measurement period adjustments, total assets	800
Measurement period adjustments, liabilities	0
Measurement period adjustments, assets and liabilities	800
Measurement period adjustments, goodwill	(138)
Measurement period adjustments, assets, goodwill and liabilities	$ 662

Business Acquisition - Intangib

Business Acquisition - Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 23,000
Finite-lived intangible assets acquired	40,100
Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 2,600
Weighted-average amortization period (years)	12 years 6 months
Patents
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 12,800
Weighted-average amortization period (years)	18 years
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 24,700
Weighted-average amortization period (years)	13 years
Minimum | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful life (years)	10 years
Minimum | Patents
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful life (years)	11 years
Minimum | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful life (years)	10 years
Maximum | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful life (years)	15 years
Maximum | Patents
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful life (years)	24 years
Maximum | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful life (years)	15 years
Octane Fitness
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 63,100	$ 63,100

Business Acquisition - Pro Form

Business Acquisition - Pro Forma (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Business Combinations [Abstract]
Net sales	$ 78,529	$ 73,361	$ 199,457	$ 184,491
Net income	$ 3,907	$ 2,220	$ 15,867	$ 12,596
Basic (in dollars per share)	$ 0.13	$ 0.07	$ 0.51	$ 0.40
Diluted (in dollars per share)	$ 0.12	$ 0.07	$ 0.51	$ 0.40

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Revenue related to discontinued operations	$ 0	$ 0
Facilities Leases
Restructuring Reserve [Roll Forward]
December 31, 2015	300,000
Payments	(150,000)
June 30, 2016	$ 150,000	$ 300,000

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	$ 14,602	$ 734
Available for Sale Securities	33,294	29,998
Assets measured at fair value	47,896	30,732
Total liabilities measured at fair value	(1,263)
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	6,594	1
Available for Sale Securities	0	0
Assets measured at fair value	6,594	1
Total liabilities measured at fair value	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	8,008	733
Available for Sale Securities	33,294	29,998
Assets measured at fair value	41,302	30,731
Total liabilities measured at fair value	(1,263)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	0	0
Available for Sale Securities	0	0
Assets measured at fair value	0	0
Total liabilities measured at fair value	0
Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	6,594	1
Money market funds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	6,594	1
Money market funds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	0	0
Money market funds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	0	0
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	5,996
Commercial paper | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	0
Commercial paper | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	5,996
Commercial paper | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	0
Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	28,235	25,234
Certificates of deposit | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	0	0
Certificates of deposit | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	28,235	25,234
Certificates of deposit | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	0	0
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	2,012	733
Available for Sale Securities	3,054	4,764
Corporate bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	0	0
Available for Sale Securities	0	0
Corporate bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	2,012	733
Available for Sale Securities	3,054	4,764
Corporate bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents	0	0
Available for Sale Securities	0	$ 0
U.S. government bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	2,005
U.S. government bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	0
U.S. government bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	2,005
U.S. government bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for Sale Securities	0
Interest rate swap contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of liability derivatives	(1,263)
Interest rate swap contract | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of liability derivatives	0
Interest rate swap contract | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of liability derivatives	(1,263)
Interest rate swap contract | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of liability derivatives	$ 0

Derivatives (Details)

Derivatives (Details) - Interest rate swap contract - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Derivative, notional amount	$ 72,000
Derivative, fixed interest rate	1.42%
LIBOR
Derivative [Line Items]
Derivative, basis spread on variable rate	0.45445%
Derivatives Designated as Hedging Instruments
Derivative [Line Items]
Fair value of liability derivatives	$ 1,263	$ 0
Derivatives Designated as Hedging Instruments | Accrued liabilities
Derivative [Line Items]
Fair value of liability derivatives	$ 298	$ 0

Derivatives - Fair value of der

Derivatives - Fair value of derivative instruments (Details) - Interest rate swap contract - Derivatives Designated as Hedging Instruments - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Fair Value of Liability Derivatives	$ 1,263	$ 0
Accrued liabilities
Derivatives, Fair Value [Line Items]
Fair Value of Liability Derivatives	298	0
Other long-term liabilities
Derivatives, Fair Value [Line Items]
Fair Value of Liability Derivatives	$ 965	$ 0

Derivatives - Effect On Condens

Derivatives - Effect On Condensed Consolidated Statements of Operations (Details) - Interest rate swap contract - Cash Flow Hedging - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Loss recognized in other comprehensive income before reclassifications	$ (219)	$ 0	$ (980)	$ 0
Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Loss reclassified from accumulated other comprehensive income to earnings for the effective portion	(185)	0	(313)	0
Income tax benefit
Derivative Instruments, Gain (Loss) [Line Items]
Related tax effect	$ 71	$ 0	$ 120	$ 0

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Finished goods	$ 39,082	$ 39,115
Parts and components	3,913	3,614
Total inventories	$ 42,995	$ 42,729

Property, Plant and Equipment (

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 43,517	$ 41,654
Accumulated depreciation	(26,060)	(24,890)
Total property, plant and equipment, net	17,457	16,764
Automobiles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 139	139
Automobiles | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	5 years
Automobiles | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	6 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 3,084	3,397
Leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	5 years
Leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	16 years
Computer software and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 25,689	23,991
Computer software and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	3 years
Computer software and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	7 years
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 11,993	10,867
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	3 years
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	5 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,124	1,605
Estimated Useful Life (in years)	5 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	20 years
Work in Progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 488	$ 1,655

Goodwill and Other Intangible47

Goodwill and Other Intangible Assets Goodwill Roll Forward (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Goodwill [Roll Forward]
Balance	$ 60,470	$ 2,520
Currency exchange rate adjustment	143	(407)
Business acquisition (Note 2)		58,357
Business acquisition (Note 2) - measurement period adjustments	(138)
Balance	60,475	60,470
Direct
Goodwill [Roll Forward]
Balance	2,113	2,520
Currency exchange rate adjustment	149	(407)
Business acquisition (Note 2)		0
Business acquisition (Note 2) - measurement period adjustments	0
Balance	2,262	2,113
Retail
Goodwill [Roll Forward]
Balance	58,357	0
Currency exchange rate adjustment	(6)	0
Business acquisition (Note 2)		58,357
Business acquisition (Note 2) - measurement period adjustments	(138)
Balance	$ 58,213	$ 58,357

Goodwill and Other Intangible48

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Goodwill [Line Items]
Indefinite-lived trademarks	$ 32,052	$ 32,052
Total other intangible assets, gross	90,839	90,839
Accumulated amortization - definite-lived intangible assets	(19,406)	(17,485)
Other intangible assets, net	$ 71,433	73,354
Definite-lived trademarks | Minimum
Goodwill [Line Items]
Estimated Useful Life (in years)	10 years
Definite-lived trademarks | Maximum
Goodwill [Line Items]
Finite-lived intangible assets, gross	$ 2,600	2,600
Estimated Useful Life (in years)	15 years
Patents | Minimum
Goodwill [Line Items]
Estimated Useful Life (in years)	8 years
Patents | Maximum
Goodwill [Line Items]
Finite-lived intangible assets, gross	$ 31,487	31,487
Estimated Useful Life (in years)	24 years
Customer relationships | Minimum
Goodwill [Line Items]
Estimated Useful Life (in years)	10 years
Customer relationships | Maximum
Goodwill [Line Items]
Finite-lived intangible assets, gross	$ 24,700	$ 24,700
Estimated Useful Life (in years)	15 years

Goodwill and Other Intangible49

Goodwill and Other Intangible Assets Patent amortization (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 961	$ 179	$ 1,921	$ 469

Goodwill and Other Intangible50

Goodwill and Other Intangible Assets Future intangible amortization (Details) $ in Thousands	Jun. 30, 2016USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2016	$ 1,633
2,017	3,256
2,018	3,164
2,019	3,134
2,020	3,108
Thereafter	25,086
Finite-Lived Intangible Assets, Net	$ 39,381

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Payroll and related liabilities	$ 4,070	$ 6,556
Other	6,421	6,471
Total accrued liabilities	$ 10,491	$ 13,027

Product Warranties (Details)

Product Warranties (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Movement in Product Warranty Liability [Roll Forward]
Balance, beginning of period	$ 8,545	$ 2,246
Accruals	1,644	1,691
Payments	(2,060)	(1,118)
Balance, end of period	$ 8,129	$ 2,819
Minimum
Product Liability Contingency [Line Items]
Product warranty period	30 days

Accumulated Other Comprehensi53

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			$ 126,991
Net other comprehensive income (loss) during period	$ (207)	$ 146	(319)	$ (339)
Balance at end of period	144,692		144,692
Unrealized Gain (Loss) on Available-for-Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	2	(19)	(16)	(18)
Current period other comprehensive income (loss) before reclassifications	8	14	26	13
Reclassification of amounts to earnings	0		0
Net other comprehensive income (loss) during period	8		26
Balance at end of period	10	(5)	10	(5)
Loss on Derivative Securities (Effective Portion)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(682)		0
Current period other comprehensive income (loss) before reclassifications	(219)		(980)
Reclassification of amounts to earnings	114		193
Net other comprehensive income (loss) during period	(105)		(787)
Balance at end of period	(787)		(787)
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(759)	(774)	(1,311)	(290)
Current period other comprehensive income (loss) before reclassifications	(110)	132	442	(352)
Reclassification of amounts to earnings	0		0
Net other comprehensive income (loss) during period	(110)		442
Balance at end of period	(869)	(642)	(869)	(642)
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(1,439)	(793)	(1,327)	(308)
Current period other comprehensive income (loss) before reclassifications	(321)	146	(512)	(339)
Reclassification of amounts to earnings	114		193
Net other comprehensive income (loss) during period	(207)		(319)
Balance at end of period	$ (1,646)	$ (647)	$ (1,646)	$ (647)

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - Common Stock - USD ($)	May 04, 2016	Nov. 03, 2014	Jun. 30, 2016
Equity, Class of Treasury Stock [Line Items]
Remaining authorized repurchase amount			$ 13,400,000
15 Million Authorization, Expiring November 3, 2016
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount		$ 15,000,000
Stock repurchase program, period in force		24 months
Remaining authorized repurchase amount			3,400,000
10 Million Authorization Expansion, Expiring May 4, 2018
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount	$ 10,000,000
Stock repurchase program, period in force	24 months
Remaining authorized repurchase amount			$ 10,000,000

Stock Repurchase Program, Repur

Stock Repurchase Program, Repurchased Shares (Details) - Common Stock - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Mar. 31, 2015	Jun. 30, 2016
Class of Stock [Line Items]
Number of Shares (in shares)	577,831	133,877	711,708
Repurchased Amount	$ 9,571,545	$ 1,995,982	$ 11,567,527
Average Price Per Share	$ 16.56	$ 14.91	$ 16.25

Income Per Share (Details)

Income Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income per share:
Shares used to calculate basic income per share	31,072	31,485	31,044	31,441
Dilutive effect of outstanding stock options, performance stock units and restricted stock units	263	306	271	360
Shares used to calculate diluted income per share	31,335	31,791	31,315	31,801
Stock options
Income per share:
Anti-dilutive securities excluded from computation of diluted income per share	11	8	11	11

Segment and Enterprise-wide I57

Segment and Enterprise-wide Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)segment	Jun. 30, 2015USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment			3
Number of reportable segments | segment			2
Net sales	$ 78,529	$ 59,695	$ 199,457	$ 155,934
Reconciliation of consolidated contribution to income (loss) from continuing operations:
Operating expenses	(35,289)	(26,724)	(82,333)	(63,008)
Income tax expense	(2,295)	(1,485)	(9,473)	(8,154)
Income from continuing operations	3,696	2,219	15,282	13,078
Segment Reconciling Items
Reconciliation of consolidated contribution to income (loss) from continuing operations:
Income from continuing operations	3,696	2,219
Operating Segments
Segment Reporting Information [Line Items]
Net sales	78,529	59,695	199,457	155,934
Contribution	12,320	6,911	38,278	28,874
Operating Segments | Direct
Segment Reporting Information [Line Items]
Net sales	44,940	41,662	126,174	115,719
Contribution	7,525	5,106	28,669	24,677
Operating Segments | Retail
Segment Reporting Information [Line Items]
Net sales	32,911	17,404	71,716	38,694
Contribution	4,117	1,176	8,061	2,676
Operating Segments | Royalty
Segment Reporting Information [Line Items]
Royalty	678	629	1,567	1,521
Unallocated royalty income, net	678	629	1,548	1,521
Intersegment Eliminations [Member] | Segment Reconciling Items
Reconciliation of consolidated contribution to income (loss) from continuing operations:
Operating expenses	(5,747)	(2,979)
Other expense, net	(582)	(228)
Income tax expense	$ (2,295)	$ (1,485)
Segment Reconciling Items
Reconciliation of consolidated contribution to income (loss) from continuing operations:
Operating expenses			(12,405)	(7,337)
Other expense, net			(1,118)	(305)
Income tax expense			$ (9,473)	$ (8,154)

Segment and Enterprise-wide I58

Segment and Enterprise-wide Information - Concentration (Details) - Amazon.com - Sales Revenue, Net - Customer Concentration Risk - customer	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Concentration Risk [Line Items]
Concentration risk, percentage	12.30%	13.20%	10.00%
Number of significant customers				0

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Jun. 30, 2016USD ($)
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Standby letters of credit outstanding	$ 0.6
Inventories
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Non-cancelable market-based purchase obligation	$ 36.2