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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Dec. 31, 2012	Feb. 01, 2013
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2012
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q1
Trading Symbol	SRDX
Entity Registrant Name	SURMODICS INC
Entity Central Index Key	0000924717
Current Fiscal Year End Date	--09-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		14,663,859

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Current Assets:
Cash and cash equivalents	$ 21,465	$ 15,540
Available-for-sale securities	9,496	14,117
Accounts receivable, net of allowance for doubtful accounts of $54 and $40 as of December 31, 2012 and September 30, 2012, respectively	4,416	5,069
Inventories	3,222	3,524
Deferred tax assets		219
Prepaids and other	478	603
Current assets of discontinued operations	809	883
Total Current Assets	39,886	39,955
Property and equipment, net	13,587	13,610
Available-for-sale securities	33,086	28,433
Deferred tax assets	5,972	5,806
Intangible assets, net	4,245	4,430
Goodwill	8,010	8,010
Other assets, net	3,030	2,831
Total Assets	107,816	103,075
Current Liabilities:
Accounts payable	943	1,657
Accrued liabilities:
Compensation	773	2,319
Accrued income taxes	2,003
Accrued other	1,367	1,066
Deferred revenue	46	47
Other current liabilities	163	170
Current liabilities of discontinued operations	1,640	1,640
Total Current Liabilities	6,935	6,899
Deferred revenue, less current portion	174	185
Other long-term liabilities	2,005	2,247
Total Liabilities	9,114	9,331
Commitments and Contingencies (Note 14)
Stockholders' Equity:
Series A Preferred stock- $.05 par value, 450,000 shares authorized; no shares issued and outstanding
Common stock- $.05 par value, 45,000,000 shares authorized; 14,662,359 and 14,656,806 shares issued and outstanding, respectively	733	733
Additional paid-in capital	18,819	18,346
Accumulated other comprehensive income	277	40
Retained earnings	78,873	74,625
Total Stockholders' Equity	98,702	93,744
Total Liabilities and Stockholders' Equity	$ 107,816	$ 103,075

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Accounts receivable, allowance for doubtful accounts	$ 54	$ 40
Series A Preferred stock, par value	$ 0.05	$ 0.05
Series A Preferred stock, shares authorized	450,000	450,000
Series A Preferred stock, shares issued
Series A Preferred stock, shares outstanding
Common stock, par value	$ 0.05	$ 0.05
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	14,662,359	14,656,806
Common stock, shares outstanding	14,662,359	14,656,806

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Revenue:
Royalties and license fees	$ 7,516	$ 6,610
Product sales	5,353	4,634
Research and development	982	672
Total revenue	13,851	11,916
Operating costs and expenses:
Product costs	1,959	1,590
Research and development	3,362	3,638
Selling, general and administrative	3,653	3,466
Total operating costs and expenses	8,974	8,694
Operating income from continuing operations	4,877	3,222
Other income:
Investment income, net	72	138
Other income, net	1,176	8
Other income	1,248	146
Income from continuing operations before income taxes	6,125	3,368
Income tax provision	(1,877)	(1,213)
Income from continuing operations	4,248	2,155
Discontinued operations:
Income from discontinued operations, net of income taxes		1,605
Loss on sale of discontinued operations, net of income taxes		(1,054)
Income from discontinued operations		551
Net income	$ 4,248	$ 2,706
Basic income per share:
Continuing operations	$ 0.29	$ 0.12
Discontinued operations	0.00	0.03
Net income	0.29	0.15
Diluted income per share:
Continuing operations	0.29	0.12
Discontinued operations	0.00	0.03
Net income	$ 0.29	$ 0.15
Weighted average number of shares outstanding:
Basic	14,655	17,476
Diluted	14,863	17,528

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Net income	$ 4,248	$ 2,706
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses) on available-for-sale securities arising during the period, net of tax provision of $36 and tax benefit of $110, respectively	240	(175)
Reclassification adjustment for realized gains included in net income, net of tax provision of $1 and $3, respectively	(3)	(5)
Other comprehensive income (loss)	237	(180)
Comprehensive income	$ 4,485	$ 2,526

- 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 + Details

- Definition

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

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+ Details

- Definition

Net of tax amount of the income statement impact of the reclassification adjustment for unrealized gain (loss) realized upon the sale of available-for-sale securities.

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- Definition

Net of tax amount of unrealized holding gain (loss) before reclassification adjustments and transfers on available-for-sale securities.

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+ Details

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Unrealized holding gains (losses) on available-for-sale securities arising during the period, Tax	$ 36	$ (110)
Reclassification adjustment for realized gains included in net income, Tax	$ 1	$ 3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Operating Activities:
Net income	$ 4,248	$ 2,706
Adjustments to reconcile net income to net cash provided by operating activities from continuing operations:
Income from discontinued operations		(1,605)
Loss on sale of discontinued operations		1,054
Depreciation and amortization	722	749
Stock-based compensation	392	893
Deferred tax	27	(57)
Gain on sale of strategic investment	(1,174)
Amortization of premium on held-to-maturity securities		20
Reduction of tax benefit from stock-based compensation plans	4	16
Other	(2)	(4)
Change in operating assets and liabilities:
Accounts receivable	653	(383)
Inventories	302	209
Prepaids and other	111	(48)
Accounts payable and accrued liabilities	(1,499)	(2,872)
Income taxes	1,623	1,263
Net cash provided by operating activities from continuing operations	5,407	1,941
Investing Activities:
Purchases of property and equipment	(857)	(157)
Purchases of available-for-sale securities	(843)	(2,724)
Sales and maturities of available-for-sale securities	805	2,641
Cash received from discontinued operations	75	24,548
Cash received from sale of a strategic investment	1,258
Net cash provided by investing activities from continuing operations	438	24,308
Financing Activities:
Reduction of tax benefit from stock-based compensation plans	(4)	(16)
Issuance of common stock	84	79
Purchase of common stock to pay employee taxes		(170)
Net cash provided by (used in) financing activities from continuing operations	80	(107)
Net cash provided by continuing operations	5,925	26,142
Discontinued Operations:
Net cash provided by (used in) operating activities	75	(2,344)
Net cash provided by investing activities		26,892
Net cash used in financing activities	(75)	(24,548)
Net cash provided by discontinued operations
Net change in cash and cash equivalents	5,925	26,142
Cash and Cash Equivalents:
Beginning of period	15,540	23,217
End of period	21,465	49,359
Supplemental Information:
Cash paid for income taxes	228	23
Noncash transactions - acquisition of property and equipment on account	$ 209	$ 8

Basis of Presentation

3 Months Ended

Dec. 31, 2012

Basis of Presentation

1. Basis of Presentation

The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S.”) (“GAAP”) and, in the opinion of management, reflect all adjustments, consisting solely of normal recurring adjustments, needed to fairly present the financial results of SurModics, Inc. and subsidiaries (“SurModics” or the “Company”) for the periods presented. These financial statements include some amounts that are based on management’s best estimates and judgments. These estimates may be adjusted as more information becomes available, and any adjustment could be significant. The impact of any change in estimates is included in the determination of earnings in the period in which the change in estimate is identified. The results of operations for the three months ended December 31, 2012 are not necessarily indicative of the results that may be expected for the entire 2013 fiscal year.

In accordance with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”), the Company has omitted footnote disclosures that would substantially duplicate the disclosures contained in the audited financial statements of the Company. These unaudited condensed consolidated financial statements should be read together with the audited consolidated financial statements for the fiscal year ended September 30, 2012, and footnotes thereto included in the Company’s Form 10-K as filed with the SEC on December 14, 2012.

Certain items in the condensed consolidated statement of cash flows for the three months ended December 31, 2011 have been reclassified to conform to the current period presentation.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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+ Details

Key Accounting Policies

3 Months Ended

Dec. 31, 2012

Key Accounting Policies

2. Key Accounting Policies

Revenue recognition

The Company recognizes revenue when all of the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) shipment has occurred or delivery has occurred if the terms specify destination; (3) the sales price is fixed or determinable; and (4) collectability is reasonably assured. When there are additional performance requirements, revenue is recognized when all such requirements have been satisfied. Under revenue arrangements with multiple deliverables, the Company recognizes each separable deliverable as it is earned.

The Company derives its revenue from three primary sources: (1) royalties and license fees from licensing its proprietary drug delivery and surface modification technologies and in vitro diagnostic formats to customers; (2) the sale of reagent chemicals to licensees and the sale of stabilization products, antigens, substrates and surface coatings to the diagnostic and biomedical research markets; and (3) research and development fees generated on customer projects.

Royalties and license fees. The Company licenses technology to third parties and collects royalties. Royalty revenue is generated when a customer sells products incorporating the Company’s licensed technologies. Royalty revenue is recognized as licensees report it to the Company, and payment is typically submitted concurrently with the report. For stand-alone license agreements, up-front license fees are recognized over the term of the related licensing agreement. Minimum royalty fees are recognized in the period earned.

Revenue related to a performance milestone is recognized upon the achievement of the milestone, as defined in the respective agreements and provided the following conditions have been met:

•

The milestone payment is non-refundable;

•

The milestone involved a significant degree of risk, and was not reasonably assured at the inception of the arrangement;

•

Accomplishment of the milestone involved substantial effort;

•

The amount of the milestone payment is commensurate with the related effort and risk; and

•

A reasonable amount of time passed between the initial license payment and the first and subsequent milestone payments.

If these conditions have not been met, the milestone payment is deferred and recognized over the term of the agreement.

Product sales. Product sales to third parties are recognized at the time of shipment, provided that an order has been received, the price is fixed or determinable, collectability of the resulting receivable is reasonably assured and returns can be reasonably estimated. The Company’s sales terms provide no right of return outside of the standard warranty policy. Payment terms are generally set at 30-45 days.

Research and development. The Company performs third party research and development activities, which are typically provided on a time and materials basis. Generally, revenue for research and development is recorded as performance progresses under the applicable contract.

New Accounting Pronouncements

Recently Adopted

In June 2011, and subsequently amended in December 2011, the Financial Accounting Standards Board (“FASB”) issued final guidance on the presentation of comprehensive income. Under the newly issued guidance, the total of comprehensive income, the components of net income, and the components of other comprehensive income may only be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The Company adopted this guidance in the first quarter of fiscal 2013, with comprehensive income shown as a separate condensed consolidated statement immediately following the condensed consolidated statements of income. Since the new guidance only relates to presentation, its adoption did not impact the Company’s financial position, results of operations, or cash flows.

No other new accounting pronouncement issued or effective has had, or is expected to have, a material impact on the Company’s consolidated financial statements.

Discontinued Operations

3 Months Ended

Dec. 31, 2012

Discontinued Operations

3. Discontinued Operations

Beginning in the first quarter of fiscal 2012, the results of operations, cash flows, assets and liabilities of SurModics Pharmaceuticals, Inc. (“SurModics Pharmaceuticals”), which were previously reported in the Pharmaceuticals segment as a separate operating segment, are classified as discontinued operations.

On November 1, 2011, the Company entered into a definitive agreement (the “Purchase Agreement”) to sell substantially all of the assets of its wholly-owned subsidiary, SurModics Pharmaceuticals, to Evonik Degussa Corporation (“Evonik”). Under the terms of the Purchase Agreement, the entire portfolio of products and services of SurModics Pharmaceuticals, including the Company’s Current Good Manufacturing Practices (“cGMP”) development and manufacturing facility located in Birmingham, Alabama, were sold. The Company retained all accounts receivable and the majority of liabilities associated with SurModics Pharmaceuticals incurred prior to closing. The sale (the “Pharma Sale”) closed on November 17, 2011. The total consideration received from the Pharma Sale was $30.0 million in cash. As part of the Pharma Sale, SurModics agreed not to compete in the restricted business (as defined in the Purchase Agreement) for a period of five years and to indemnify Evonik against specified losses for a period of five years, in connection with SurModics Pharmaceuticals, including certain contingent consideration obligations related to the acquisition by SurModics Pharmaceuticals of the portfolio of intellectual property and drug delivery projects from PR Pharmaceuticals, Inc. (“PR Pharma”). SurModics retained responsibility for repayment obligations related to an agreement with various governmental authorities associated with creation of jobs in Alabama. The foregoing summary of the Purchase Agreement is qualified in its entirety by reference to the full text of the Purchase Agreement, which is attached as Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on November 7, 2011. Refer to the Purchase Agreement for more details on the Pharma Sale.

As part of the Pharma Sale, the Company recorded a loss on the sale in the first quarter of fiscal 2012 of $1.7 million ($1.1 million net of income tax benefit), which was principally related to transaction closing costs. The loss is included in “Loss on sale of discontinued operations” in the condensed consolidated statements of income.

There was no statement of income impact associated with discontinued operations for the three months ended December 31, 2012. The following is a summary of the operating results of SurModics Pharmaceuticals from discontinued operations for the three months ended December 31, 2011 (in thousands):


	Three Months Ended
	December 31,
	2011
Total revenue	$	5,311

Income from discontinued operations	$	2,530
Income tax provision		(925	)

Income from discontinued operations, net of income taxes	$	1,605

Loss on sale of discontinued operations	$	(1,661	)
Income tax benefit		607

Loss on sale of discontinued operations, net of income taxes	$	(1,054	)

The major classes of assets and liabilities of discontinued operations as of December 31, 2012 and September 30, 2012 were as follows (in thousands):


	December 31,		September 30,
	2012		2012
Accounts receivable, net	$	209	$	283
Other current assets		600		600

Current assets of discontinued operations		809		883

Total assets of discontinued operations	$	809	$	883

Other current liabilities payable	$	1,640	$	1,640

Current liabilities of discontinued operations		1,640		1,640

Total liabilities of discontinued operations	$	1,640	$	1,640

The assets and liabilities of discontinued operations as of December 31, 2012 are mainly associated with accounts receivable not purchased by Evonik, deferred tax assets and a retained liability of $1.7 million associated with financial incentives SurModics Pharmaceuticals received from various Alabama governmental authorities related to creation of jobs in Alabama. On January 29, 2013, the Company entered into a settlement agreement with the city of Birmingham, Alabama to pay $325,000 in settlement of $1.5 million of the $1.7 million retained liability. The Company expects to record a gain in discontinued operations of $1.2 million before taxes in the second quarter of fiscal 2013 related to the settlement. See Note 14 for further discussion of the Alabama jobs commitment liability.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 43-48
-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.

+ Details

Fair Value Measurements

3 Months Ended

Dec. 31, 2012

Fair Value Measurements

4. Fair Value Measurements

The accounting guidance on fair value measurements defines fair value, establishes a framework for measuring fair value under GAAP, and expands disclosures about fair value measurements. The guidance is applicable for all financial assets and financial liabilities and for all nonfinancial assets and nonfinancial liabilities recognized or disclosed at fair value in the financial statements on a recurring basis (at least annually). Fair value is defined as the exchange price that would be received from selling an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and also considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions and risk of nonperformance.

Fair Value Hierarchy

Accounting guidance on fair value measurements requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories:

Level 1 — Quoted (unadjusted) prices in active markets for identical assets or liabilities.

The Company’s Level 1 asset consists of its investment in OctoPlus N.V. (“OctoPlus”) (see Note 7 for further information). The fair market value of this investment is based on the quoted price of OctoPlus shares as traded on the Euronext Amsterdam Stock Exchange.

Level 2 — Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability.

The Company’s Level 2 assets consist of money market funds, U.S. Treasury securities, corporate bonds, municipal bonds, U.S. government agency securities, government agency and municipal securities and certain asset-backed and mortgage-backed securities. Fair market values for these assets are based on quoted vendor prices and broker pricing where all significant inputs are observable.

Level 3 — Unobservable inputs to the valuation methodology that are supported by little or no market activity and that are significant to the measurement of the fair value of the assets or liabilities. Level 3 assets and liabilities include those whose fair value measurements are determined using pricing models, discounted cash flow methodologies or similar valuation techniques, as well as significant management judgment or estimation.

There were no Level 3 assets at December 31, 2012, September 30, 2012 or December 31, 2011 and there was no Level 3 activity during the first quarter of fiscal 2013.

In valuing assets and liabilities, the Company is required to maximize the use of quoted market prices and minimize the use of unobservable inputs. The Company did not significantly change its valuation techniques from prior periods.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

In instances where the inputs used to measure fair value fall into different levels of the fair value hierarchy, the fair value measurement has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular item to the fair value measurement in its entirety requires judgment, including the consideration of inputs specific to the asset or liability. The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2012 (in thousands):


	Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value as of December 31, 2012
Assets:
Cash equivalents	$	—	$	6,002	$	—	$	6,002
Available-for-sale debt securities:
U.S. government and government agency obligations		—		33,150		—		33,150
Mortgage-backed securities		—		2,743		—		2,743
Municipal bonds		—		3,701		—		3,701
Asset-backed securities		—		549		—		549
Corporate bonds		—		2,439		—		2,439
Other assets		999		—		—		999

Total assets measured at fair value	$	999	$	48,584	$	—	$	49,583

The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2012 (in thousands):


	Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value as of September 30, 2012
Assets:
Cash equivalents	$	—	$	5,101	$	—	$	5,101
Available-for-sale debt securities:
U.S. government and government agency obligations		—		28,854		—		28,854
Mortgage-backed securities		—		2,999		—		2,999
Municipal bonds		—		3,213		—		3,213
Asset-backed securities		—		598		—		598
Corporate bonds		—		6,886		—		6,886
Other assets		718		—		—		718

Total assets measured at fair value	$	718	$	47,651	$	—	$	48,369

Valuation Techniques

The valuation techniques used to measure the fair value of assets are as follows:

Cash equivalents — These assets are classified as Level 2 and are carried at historical cost which is a reasonable estimate of fair value because of the relatively short time between origination of the instrument and its expected realization.

Available-for-sale debt securities — These securities are classified as Level 2 and include various types of debt securities. These securities are valued based on quoted vendor prices in active markets underlying the securities.

Other assets — This asset is classified as Level 1 and represents the Company’s investment in OctoPlus. This investment is valued based on the quoted market price of OctoPlus shares.

Changes in Level 3 Instruments Measured at Fair Value on a Recurring Basis

The following tables provide a reconciliation of financial assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in thousands). Transfers of instruments into and out of Level 3 are based on beginning of period values.


	Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Three Months Ended December 31, 2011 Available-for-Sale Debt Securities
	Mortgage- Backed Securities			Asset- Backed Securities			Total
Balance at September 30, 2011	$	15		$	9		$	24
Transfers into Level 3		—			—			—
Transfers out of Level 3		(15	)		(9	)		(24	)
Total realized and unrealized gains (losses):
Included in other comprehensive (loss) income		—			—			—
Purchases, issuances, sales and settlements, net		—			—			—

Balance at December 31, 2011	$	—		$	—		$	—

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Investments

3 Months Ended

Dec. 31, 2012

Investments

5. Investments

Investments consist principally of U.S. government and government agency obligations, mortgage-backed securities and corporate and municipal debt securities and are classified as available-for-sale at December 31, 2012 and September 30, 2012. Available-for-sale securities are reported at fair value with unrealized gains and losses, net of tax, excluded from the condensed consolidated statements of income and reported in the condensed consolidated statements of comprehensive income as well as a separate component of stockholders’ equity in the condensed consolidated balance sheets, except for other-than-temporary impairments, which are reported as a charge to current earnings. A loss would be recognized when there is an other-than-temporary impairment in the fair value of any individual security classified as available-for-sale, with the associated net unrealized loss reclassified out of accumulated other comprehensive income with a corresponding adjustment to other income (loss). This adjustment results in a new cost basis for the investment. Investments for which management has the intent and ability to hold to maturity are classified as held-to-maturity and reported at amortized cost. Interest earned on debt securities, including amortization of premiums and accretion of discounts, is included in other income (loss). Realized gains and losses from the sales of debt securities, which are included in other income (loss), are determined using the specific identification method.

The amortized cost, unrealized holding gains and losses, and fair value of available-for-sale securities as of December 31, 2012 and September 30, 2012 were as follows (in thousands):


	December 31, 2012
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
U.S. government and government agency obligations	$	32,930	$	220	$	—		$	33,150
Mortgage-backed securities		2,653		114		(24	)		2,743
Municipal bonds		3,671		30		—			3,701
Asset-backed securities		559		—		(10	)		549
Corporate bonds		2,414		25		—			2,439

Total	$	42,227	$	389	$	(34	)	$	42,582


	September 30, 2012
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
U.S. government and government agency obligations	$	28,641	$	213	$	—		$	28,854
Mortgage-backed securities		2,896		129		(26	)		2,999
Municipal bonds		3,178		35		—			3,213
Asset-backed securities		613		—		(15	)		598
Corporate bonds		6,858		28		—			6,886

Total	$	42,186	$	405	$	(41	)	$	42,550

As of December 31, 2012, the Company concluded that the unrealized losses related to the available-for-sale securities shown above were not other-than-temporary as the Company does not have the intent to sell, nor is it more likely than not that the Company will be required to sell, before recovery of their amortized cost.

The amortized cost and fair value of investments by contractual maturity at December 31, 2012 were as follows (in thousands):


	Amortized Cost		Fair Value
Debt securities due within:
One year	$	9,473	$	9,496
One to five years		29,476		29,726
Five years or more		3,278		3,360

Total	$	42,227	$	42,582

The following table summarizes sales of available-for-sale securities (in thousands):


	Three months ended December 31,
	2012		2011
Proceeds from sales	$	805	$	2,641
Gross realized gains	$	4	$	9
Gross realized losses	$	—	$	—

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Inventories

3 Months Ended

Dec. 31, 2012

Inventories

6. Inventories

Inventories are principally stated at the lower of cost or market using the specific identification method and include direct labor, materials and overhead. Inventories consisted of the following components (in thousands):


	December 31, 2012		September 30, 2012
Raw materials	$	1,415	$	1,479
Finished products		1,807		2,045

Total	$	3,222	$	3,524

Other Assets

3 Months Ended

Dec. 31, 2012

Other Assets

7. Other Assets

Other assets consist principally of strategic investments as follows (in thousands):


	December 31, 2012		September 30, 2012
Investment in OctoPlus N.V.	$	999	$	718
Investment in Nexeon MedSystems, Inc.		285		285
Investment in ThermopeutiX, Inc.		1,185		1,185
Investment in ViaCyte, Inc.		559		559
Other		2		84

Other assets, net	$	3,030	$	2,831

The Company accounts for most of its strategic investments under the cost method. The Company accounts for its investment in OctoPlus common stock, whose shares are traded on the Euronext Amsterdam Stock Exchange, as an available-for-sale investment. Available-for-sale investments are reported at fair value with unrealized gains and losses, net of tax, reported in the condensed consolidated statements of comprehensive income as well as a separate component of stockholders’ equity in the condensed consolidated balance sheets, except for other-than-temporary impairments, which are reported as a charge to current earnings, recorded in the other income section of the condensed consolidated statements of income, and which result in a new cost basis for the investment. The cost basis in the Company’s investment in OctoPlus is $0.9 million as of December 31, 2012. In October 2012 OctoPlus received a tender offer from Dr. Reddy’s Laboratories Ltd. (“Dr. Reddy’s”) to purchase all issued and outstanding ordinary shares of OctoPlus at an offer price of €0.52 per share. In the second quarter of fiscal 2013, the Company sold its investment and will record a gain of approximately $0.1 million.

In August 2009, the Company invested $2.0 million in Vessix Vascular, Inc. (“Vessix”), and made a follow-on investment of $0.5 million in March 2010. The Company recognized an impairment loss on this investment totaling $2.4 million in fiscal 2010, based on market valuations and a pending financing round for this company. Vessix was purchased by Boston Scientific Corporation in November 2012. The Company recorded a gain of approximately $1.2 million in other income, net, on the sale of this investment in the first quarter of fiscal 2013. Total potential maximum additional proceeds of $4.2 million may be received in the remainder of fiscal 2013 through fiscal 2017 depending on achievement of future milestones. No amounts have been recorded associated with these future milestones given the level of uncertainty that exists. Income will be recognized once the milestones are achieved.

For the three months ended December 31, 2012 and 2011, the Company recognized revenue of less than $0.1 million for each period from activity with companies in which it had a strategic investment.

Intangible Assets

3 Months Ended

Dec. 31, 2012

Intangible Assets

8. Intangible Assets

Intangible assets consist principally of acquired patents and technology, customer relationships, licenses and trademarks. For the three months ended December 31, 2012 and 2011, the Company recorded amortization expense of $0.2 million for each period.

Intangible assets consisted of the following (in thousands):


	December 31, 2012
	Weighted Average Original Life (Years)		Gross Carrying Amount		Accumulated Amortization			Net
Definite-lived intangible assets:
Customer lists		9.0	$	4,857	$	(2,869	)	$	1,988
Core technology		8.0		530		(359	)		171
Patents and other		16.8		2,256		(750	)		1,506

Subtotal				7,643		(3,978	)		3,665
Unamortized intangible assets:
Trademarks				580		—			580

Total			$	8,223	$	(3,978	)	$	4,245


	September 30, 2012
	Weighted Average Original Life (Years)		Gross Carrying Amount		Accumulated Amortization			Net
Definite-lived intangible assets:
Customer lists		9.0	$	4,857	$	(2,734	)	$	2,123
Core technology		8.0		530		(343	)		187
Patents and other		16.8		2,256		(716	)		1,540

Subtotal				7,643		(3,793	)		3,850
Unamortized intangible assets:
Trademarks				580		—			580

Total			$	8,223	$	(3,793	)	$	4,430

Based on the intangible assets in service as of December 31, 2012, estimated amortization expense for each of the next five fiscal years is as follows (in thousands):


Remainder of 2013	$	557
2014		742
2015		731
2016		594
2017		183
2018		137

Future amortization amounts presented above are estimates. Actual future amortization expense may be different, as a result of future acquisitions, impairments, changes in amortization periods, or other factors.

Goodwill

3 Months Ended

Dec. 31, 2012

Goodwill

9. Goodwill

Goodwill represents the excess of the cost of an acquired entity over the fair value assigned to the assets purchased and liabilities assumed in connection with a company’s acquisition. Goodwill is not amortized but is subject, at a minimum, to annual tests for impairment in accordance with accounting guidance for goodwill. The carrying amount of goodwill is evaluated annually, and between annual evaluations if events occur or circumstances change indicating that the carrying amount of goodwill may be impaired.

The $8.0 million of goodwill at December 31, 2012 and September 30, 2012 is related to the In Vitro Diagnostics reporting unit and represents the gross value from the acquisition of BioFX Laboratories, Inc. (“BioFX”) in 2007. The goodwill was not impaired based on the outcome of the fiscal 2012 annual impairment test, and there have been no events or circumstances that have occurred in fiscal 2013 to indicate that the goodwill may be impaired.

Stock-based Compensation

3 Months Ended

Dec. 31, 2012

Stock-based Compensation

10. Stock-based Compensation

The Company has stock-based compensation plans under which it grants stock options, restricted stock awards, performance share awards and restricted stock units. Accounting guidance requires all share-based payments to be recognized as an operating expense, based on their fair values, over the requisite service period. The Company’s stock-based compensation expenses were allocated to the following expense categories (in thousands):


	Three months ended December 31,
	2012		2011
Product costs	$	3	$	15
Research and development		23		221
Selling, general and administrative		366		657

Total	$	392	$	893

As of December 31, 2012, approximately $4.8 million of total unrecognized compensation costs related to non-vested awards is expected to be recognized over a weighted average period of approximately 2.7 years. The unrecognized compensation costs above include $1.6 million based on payout levels associated with performance share awards that are currently anticipated to be fully expensed because the performance conditions are expected to be met at or above target levels.

Stock Option Awards

The Company uses the Black-Scholes option pricing model to determine the weighted average grant date fair value of stock options granted. The weighted average per share fair values of stock options granted during the three months ended December 31, 2012 and 2011 were $8.48 and $5.24, respectively. The assumptions used as inputs in the model were as follows:


	Three months ended December 31,
	2012			2011
Risk-free interest rates		0.6	%		0.8	%
Expected life (years)		4.8			4.8
Expected volatility		49.2	%		49.6	%
Dividend yield		0.0	%		0.0	%

The risk-free interest rate assumption was based on the U.S. Treasury’s rates for U.S. Treasury zero-coupon bonds with maturities similar to those of the expected term of the award. The expected life of options granted is determined based on the Company’s experience. Expected volatility is based on the Company’s stock price movement over a period approximating the expected term. Based on management’s judgment, dividend rates are expected to be zero for the expected life of the options. The Company also estimates forfeitures of options granted, which are based on historical experience.

Non-qualified stock options are granted at fair market value on the date of grant. Non-qualified stock options expire in seven to ten years or upon termination of employment or service as a Board member. Non-qualified stock options granted prior to May 2008 generally become exercisable with respect to 20% of the shares on each of the first five anniversaries following the grant date, and non-qualified stock options granted subsequent to April 2008 generally become exercisable with respect to 25% of the shares on each of the first four anniversaries following the grant date.

The total pre-tax intrinsic value of options exercised during the three months ended December 31, 2012 was less than $0.1 million. The intrinsic value represents the difference between the exercise price and the fair market value of the Company’s common stock on the last day of the respective fiscal period end. No stock options were exercised during the three months ended December 31, 2011.

Restricted Stock Awards

The Company has entered into restricted stock agreements with certain key employees, covering the issuance of common stock (“Restricted Stock”). Under accounting guidance these shares are considered to be non-vested shares. The Restricted Stock is released to the key employees if they are employed by the Company at the end of the vesting period. Compensation has been recognized for the estimated fair value of the common shares and is being charged to income over the vesting term. The stock-based compensation table above includes Restricted Stock expenses recognized related to these awards, which totaled less than $0.1 million and $0.1 million during the three months ended December 31, 2012 and 2011, respectively.

Performance Share Awards

The Company has entered into performance share agreements with certain key employees, covering the issuance of common stock (“Performance Shares”). The Performance Shares vest upon the achievement of all or a portion of certain performance objectives, which must be achieved during the performance period. Performance objectives selected by the Organization and Compensation Committee of the Board of Directors (the “Committee”) were cumulative earnings per share and cumulative revenue for the three-year performance periods for fiscal 2011 beginning on October 1, 2010 and ending on September 30, 2013 (68,533 shares), for fiscal 2012 beginning on October 1, 2011 and ending on September 30, 2014 (62,497 shares), and for fiscal 2013 beginning on October 1, 2012 and ending on September 30, 2015 (38,042 shares). Shares will be issued to participants as soon as practicable following the end of the performance periods subject to Committee approval and verification of results. The compensation cost related to the number of shares to be granted under each performance period is fixed on the grant date, which is the date the performance period begins. Compensation is recognized in each period based on management’s best estimate of the achievement level of the grants’ specified performance objectives. For the three months ended December 31, 2012 and 2011, the Company recognized expenses of $0.2 million in each period related to probable achievement of performance objectives for Performance Shares. The stock-based compensation table above includes the Performance Shares expenses.

1999 Employee Stock Purchase Plan

Under the 1999 Employee Stock Purchase Plan (“Stock Purchase Plan”), the Company is authorized to issue up to 400,000 shares of common stock. All full-time and part-time employees can choose to have up to 10% of their annual compensation withheld, with a limit of $25,000, to purchase the Company’s common stock at purchase prices defined within the provisions of the Stock Purchase Plan. As of December 31, 2012 and 2011, there were less than $0.1 million of employee contributions in each period included in accrued liabilities in the condensed consolidated balance sheets. Stock compensation expense recognized related to the Stock Purchase Plan for the three months ended December 31, 2012 and 2011 totaled less than $0.1 million in each period. The stock-based compensation table above includes the Stock Purchase Plan expenses.

Restricted Stock Units

On December 12, 2012, the Company awarded 11,776 restricted stock units (“RSU”) under the 2009 Equity Incentive Plan to directors. The RSU awards vest annually at a rate of 33%. RSU awards are not considered issued or outstanding common stock of the Company until they vest. The estimated fair value of the RSU awards was calculated based on the closing market price of SurModics’ common stock on the date of grant. Compensation has been recognized for the estimated fair value of the common shares and is being charged to income over the vesting term. The stock-based compensation table above includes RSU expenses recognized related to these awards, which totaled less than $0.1 million during the three months ended December 31, 2012.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-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 AICPA
-Name Statement of Position (SOP)
-Number 93-6
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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.

+ Details

Income Per Share Data

3 Months Ended

Dec. 31, 2012

Income Per Share Data

11. Income Per Share Data

Basic income per common share is calculated based on the weighted average number of common shares outstanding during the period. Diluted income per common share is computed by dividing income by the weighted average number of common and common equivalent shares outstanding during the period. The Company’s only potentially dilutive common shares are those that result from dilutive common stock options, non-vested stock relating to restricted stock awards, restricted stock units and performance shares.

The following table sets forth the denominator for the computation of basic and diluted income per share (in thousands):


	Three months ended December 31,
	2012		2011
Basic weighted average shares outstanding		14,655		17,476
Dilutive effect of outstanding stock options, non-vested restricted stock and performance shares		208		52

Diluted weighted average shares outstanding		14,863		17,528

The calculation of weighted average diluted shares outstanding excludes outstanding stock options associated with the right to purchase 0.7 million and 1.2 million shares of common stock for the three months ended December 31, 2012 and 2011, respectively, as their inclusion would have had an antidilutive effect on diluted income per share.

Income Taxes

3 Months Ended

Dec. 31, 2012

Income Taxes

12. Income Taxes

The Company recorded income tax provisions associated with income from continuing operations of $1.9 million and $1.2 million for the three months ended December 31, 2012 and 2011, respectively, representing effective tax rates of 30.6% and 36.0%, respectively. The difference between the U.S. federal statutory tax rate of 35% and the Company’s effective tax rate for the three months ended December 31, 2012 and 2011 reflects the impact of state income taxes, permanent tax items and discrete tax benefits. The three months ended December 31, 2012 also reflects the impact of a gain on sale of Vessix for which there is tax expense recognized which has been offset by the reversal of a valuation allowance.

The Company did not have any discontinued operations activity in the three months ended December 31, 2012. The Company recorded an income tax expense from discontinued operations of $0.9 million and an income tax benefit of $0.6 million from the sale of discontinued operations in the three months ended December 31, 2011. The effective tax rate applied to discontinued operations was 36.6% for the three months ended December 31, 2011.

The total amount of unrecognized tax benefits including interest and penalties that, if recognized, would affect the effective tax rate as of December 31, 2012 and September 30, 2012, respectively, are $1.4 million for each period. Currently, the Company does not expect the liability for unrecognized tax benefits to change significantly in the next 12 months with the above balances classified on the condensed consolidated balance sheets in other long-term liabilities. Interest and penalties related to unrecognized tax benefits are recorded in income tax expense.

The Company files income tax returns, including returns for its subsidiaries, in the U.S. federal jurisdiction and in various state jurisdictions. Uncertain tax positions are related to tax years that remain subject to examination. The Internal Revenue Service (“IRS”) commenced an examination of the Company’s U.S. income tax return for fiscal 2010 in the first quarter of fiscal 2012. The IRS completed its examination in the third quarter of fiscal 2012 and a payment was made in the fourth quarter of fiscal 2012 associated with a timing adjustment. The IRS completed an examination of the Company’s U.S. income tax return for fiscal 2009 and a payment was made in the third quarter of fiscal 2011 associated with timing adjustments. U.S. income tax returns for years prior to fiscal 2009 are no longer subject to examination by federal tax authorities. Tax returns for state and local jurisdictions for fiscal years 2003 through 2011 remain subject to examination by state and local tax authorities.

- 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 FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
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-Number 109
-Paragraph 136, 172
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
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-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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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.

+ Details

Operating Segments

3 Months Ended

Dec. 31, 2012

Operating Segments

13. Operating Segments

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker who is the Company’s Chief Executive Officer, in deciding how to allocate resources and in assessing performance. The Company is organized into two segments as follows: (1) the Medical Device unit, which is comprised of surface modification coating technologies to improve access, deliverability, and predictable deployment of medical devices, as well as drug delivery coating technologies to provide site-specific drug delivery from the surface of a medical device, with end markets that include coronary, peripheral, and neuro-vascular, and urology, among others, and (2) the In Vitro Diagnostics unit, which consists of component products and technologies for diagnostic test kits and biomedical research applications, with products that include protein stabilization reagents, substrates, antigens and surface coatings.

The tables below present segment revenue, operating income from continuing operations and depreciation and amortization, as follows (in thousands):


	Three months ended December 31,
	2012			2011
Revenue:
Medical Device	$	10,531		$	8,867
In Vitro Diagnostics		3,320			3,049

Total revenue	$	13,851		$	11,916

Operating income (loss):
Medical Device	$	5,840		$	3,932
In Vitro Diagnostics		751			906
Corporate		(1,714	)		(1,616	)

Total operating income from continuing operations	$	4,877		$	3,222

Depreciation and amortization:
Medical Device	$	317		$	364
In Vitro Diagnostics		215			195
Corporate		190			190

Total depreciation and amortization	$	722		$	749

The Corporate category includes expenses for administrative corporate functions, such as executive, corporate accounting, legal, human resources and Board related, that have not been fully allocated to the Medical Device and In Vitro Diagnostics segments. Corporate also includes expenses, such as litigation, which are not specific to a segment.

Asset information by segment is not presented because the Company does not provide its chief operating decision maker assets by segment, as the data is not readily available.

- 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

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+ Details

Commitments and Contingencies

3 Months Ended

Dec. 31, 2012

Commitments and Contingencies

14. Commitments and Contingencies

Litigation. From time to time, the Company has been, and may become, involved in various legal actions involving its operations, products and technologies, including intellectual property and employment disputes. The outcomes of these legal actions are not within the Company’s complete control and may not be known for prolonged periods of time. In some actions, the claimants seek damages, as well as other relief, including injunctions barring the sale of products that are the subject of the lawsuit, which, if granted, could require significant expenditures or result in lost revenue. The Company records a liability in the consolidated financial statements for these actions when a loss is known or considered probable and the amount can be reasonably estimated. If the reasonable estimate of a known or probable loss is a range, and no amount within the range is a better estimate, the minimum amount of the range is accrued. If a loss is possible but not known or probable, and can be reasonably estimated, the estimated loss or range of loss is disclosed. In most cases, significant judgment is required to estimate the amount and timing of a loss to be recorded.

Southern Research Institute (“SRI”) Litigation. On July 31, 2009, the Company’s SurModics Pharmaceuticals subsidiary was named as a defendant in litigation pending in the circuit court of Jefferson County, Alabama, between SRI and two of SRI’s former employees (the “Plaintiffs”). In the litigation, the Plaintiffs allege that they contributed to or invented certain intellectual property while they were employed at SRI, and pursuant to SRI’s policies then in effect, they are entitled to, among other things, a portion of the purchase price consideration paid by the Company to SRI as part of the Company’s acquisition of SurModics Pharmaceuticals pursuant to a stock purchase agreement made effective on July 31, 2007 (the “Stock Purchase Agreement”). The Plaintiffs have also alleged that they are entitled to a portion of the intellectual property income derived from license agreements with certain customers of SurModics Pharmaceuticals that make use of patents to which the Plaintiffs invented or contributed. A trial has not yet been scheduled. Pursuant to the Stock Purchase Agreement, the Company has certain rights of indemnification against losses (including without limitation, damages, expenses and costs) incurred as a result of the litigation. The Company has recorded unreimbursed legal expenses related to this litigation within selling, general and administrative expenses from continuing operations in the condensed consolidated statements of income. However, the Company has not recorded an expense or any liabilities related to damages related to this litigation as the probability of the outcome is currently not determinable and any potential loss is not estimable. The Company believes that it has meritorious defenses to the Plaintiff’s claims and will vigorously defend and prosecute this matter. Following the Pharma Sale, the Company remains responsible for this litigation and has agreed to indemnify Evonik against certain losses, including those that may be incurred in connection with this litigation.

InnoRx, Inc. In January 2005, the Company entered into a merger agreement whereby SurModics acquired all of the assets of InnoRx, Inc. (“InnoRx”), an early stage company developing drug delivery devices and therapies for the ophthalmology market. SurModics will be required to issue up to approximately 480,059 additional shares of its common stock to the stockholders of InnoRx upon the successful completion of the remaining development and commercial milestones involving InnoRx technology acquired in the transaction. The Company has not recorded any accrual for this contingency as of December 31, 2012 as the milestones have not been achieved and the probability of achievement is low.

PR Pharmaceuticals, Inc. In November 2008, the Company’s SurModics Pharmaceuticals subsidiary acquired certain contracts and assets of PR Pharma to enhance its portfolio of drug delivery technologies for the pharmaceutical and biotechnology industries. The sellers of PR Pharma are still eligible to receive up to an additional $3.0 million in cash based on successful achievement of specified milestones for successful patent issuances and product development. The Company agreed to indemnify Evonik, for a period of five years, for certain contingent consideration obligations when it sold substantially all of the SurModics Pharmaceuticals assets to Evonik on November 17, 2011.

Alabama Jobs Commitment. In April 2008, the Company purchased a 286,000 square foot office and warehouse facility to support cGMP needs of customers and the anticipated growth of SurModics Pharmaceuticals. At the same time, SurModics Pharmaceuticals entered into an agreement with various governmental authorities to obtain financial incentives associated with creation of jobs in Alabama. Some of the governmental agencies have recapture rights in connection with the financial incentives if a specific number of full-time employees were not hired by June 2012, with an extension to June 2013 if circumstances or events occurred that were beyond the control of SurModics Pharmaceuticals or could not have been reasonably anticipated by SurModics Pharmaceuticals. This liability was retained by the Company and did not transfer to Evonik as part of the Pharma Sale in November 2011. As of December 31, 2012, SurModics Pharmaceuticals had received $1.7 million in connection with the agreement, and the Company recorded the payments in current liabilities of discontinued operations on the condensed consolidated balance sheet as of December 31, 2012, because the Company has not met the criteria to recognize the amounts received as income. On January 29, 2013, the Company entered into a settlement agreement with the city of Birmingham, Alabama to pay $325,000 in settlement of $1.5 million of the $1.7 million retained liability. The Company expects to record a gain in discontinued operations of $1.2 million before taxes in the second quarter of fiscal 2013 related to the settlement.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-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 5
-Paragraph 9, 10, 11, 12
-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.

+ Details

Subsequent Event

3 Months Ended

Dec. 31, 2012

Subsequent Event

15. Subsequent Event

On January 28, 2013, the Company’s Board of Directors authorized the repurchase of up to an additional $10.0 million of the Company’s outstanding common stock through open-market purchases, private transactions, block trades, accelerated share repurchase transactions, tender offers, or by any combination of such methods. This authorization is in addition to the $0.3 million that remains under a previous share repurchase authorization. The repurchase authorizations do not have fixed expiration dates.

Key Accounting Policies (Policies)

3 Months Ended

Dec. 31, 2012

Revenue recognition

Revenue recognition

Royalties and license fees

Revenue related to a performance milestone is recognized upon the achievement of the milestone, as defined in the respective agreements and provided the following conditions have been met:

•

The milestone payment is non-refundable;

•

The milestone involved a significant degree of risk, and was not reasonably assured at the inception of the arrangement;

•

Accomplishment of the milestone involved substantial effort;

•

The amount of the milestone payment is commensurate with the related effort and risk; and

•

A reasonable amount of time passed between the initial license payment and the first and subsequent milestone payments.

If these conditions have not been met, the milestone payment is deferred and recognized over the term of the agreement.

Product sales

Research and development

New Accounting Pronouncements

New Accounting Pronouncements

Recently Adopted

No other new accounting pronouncement issued or effective has had, or is expected to have, a material impact on the Company’s consolidated financial statements.

- Definition

Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.

+ References + Details

Discontinued Operations (Tables)

3 Months Ended

Dec. 31, 2012

Operating Results from Discontinued Operations

The following is a summary of the operating results of SurModics Pharmaceuticals from discontinued operations for the three months ended December 31, 2011 (in thousands):


	Three Months Ended
	December 31,
	2011
Total revenue	$	5,311

Income from discontinued operations	$	2,530
Income tax provision		(925	)

Income from discontinued operations, net of income taxes	$	1,605

Loss on sale of discontinued operations	$	(1,661	)
Income tax benefit		607

Loss on sale of discontinued operations, net of income taxes	$	(1,054	)

Assets and Liabilities of Discontinued Operations

The major classes of assets and liabilities of discontinued operations as of December 31, 2012 and September 30, 2012 were as follows (in thousands):


	December 31,		September 30,
	2012		2012
Accounts receivable, net	$	209	$	283
Other current assets		600		600

Current assets of discontinued operations		809		883

Total assets of discontinued operations	$	809	$	883

Other current liabilities payable	$	1,640	$	1,640

Current liabilities of discontinued operations		1,640		1,640

Total liabilities of discontinued operations	$	1,640	$	1,640

Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2012

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2012 (in thousands):


	Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value as of December 31, 2012
Assets:
Cash equivalents	$	—	$	6,002	$	—	$	6,002
Available-for-sale debt securities:
U.S. government and government agency obligations		—		33,150		—		33,150
Mortgage-backed securities		—		2,743		—		2,743
Municipal bonds		—		3,701		—		3,701
Asset-backed securities		—		549		—		549
Corporate bonds		—		2,439		—		2,439
Other assets		999		—		—		999

Total assets measured at fair value	$	999	$	48,584	$	—	$	49,583

The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2012 (in thousands):


	Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value as of September 30, 2012
Assets:
Cash equivalents	$	—	$	5,101	$	—	$	5,101
Available-for-sale debt securities:
U.S. government and government agency obligations		—		28,854		—		28,854
Mortgage-backed securities		—		2,999		—		2,999
Municipal bonds		—		3,213		—		3,213
Asset-backed securities		—		598		—		598
Corporate bonds		—		6,886		—		6,886
Other assets		718		—		—		718

Total assets measured at fair value	$	718	$	47,651	$	—	$	48,369

Reconciliation of Financial Assets Measured at Fair Value on Recurring Basis using Significant Unobservable Inputs


	Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Three Months Ended December 31, 2011 Available-for-Sale Debt Securities
	Mortgage- Backed Securities			Asset- Backed Securities			Total
Balance at September 30, 2011	$	15		$	9		$	24
Transfers into Level 3		—			—			—
Transfers out of Level 3		(15	)		(9	)		(24	)
Total realized and unrealized gains (losses):
Included in other comprehensive (loss) income		—			—			—
Purchases, issuances, sales and settlements, net		—			—			—

Balance at December 31, 2011	$	—		$	—		$	—

Investments (Tables)

3 Months Ended

Dec. 31, 2012

Amortized Cost, Unrealized Holding Gains (Losses) and Fair Value of Available-for-Sale Securities

The amortized cost, unrealized holding gains and losses, and fair value of available-for-sale securities as of December 31, 2012 and September 30, 2012 were as follows (in thousands):


	December 31, 2012
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
U.S. government and government agency obligations	$	32,930	$	220	$	—		$	33,150
Mortgage-backed securities		2,653		114		(24	)		2,743
Municipal bonds		3,671		30		—			3,701
Asset-backed securities		559		—		(10	)		549
Corporate bonds		2,414		25		—			2,439

Total	$	42,227	$	389	$	(34	)	$	42,582


	September 30, 2012
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
U.S. government and government agency obligations	$	28,641	$	213	$	—		$	28,854
Mortgage-backed securities		2,896		129		(26	)		2,999
Municipal bonds		3,178		35		—			3,213
Asset-backed securities		613		—		(15	)		598
Corporate bonds		6,858		28		—			6,886

Total	$	42,186	$	405	$	(41	)	$	42,550

Amortized Cost and Fair Value of Investments by Contractual Maturity

The amortized cost and fair value of investments by contractual maturity at December 31, 2012 were as follows (in thousands):


	Amortized Cost		Fair Value
Debt securities due within:
One year	$	9,473	$	9,496
One to five years		29,476		29,726
Five years or more		3,278		3,360

Total	$	42,227	$	42,582

Sales of Available-for-Sale Securities

The following table summarizes sales of available-for-sale securities (in thousands):


	Three months ended December 31,
	2012		2011
Proceeds from sales	$	805	$	2,641
Gross realized gains	$	4	$	9
Gross realized losses	$	—	$	—

Inventories (Tables)

3 Months Ended

Dec. 31, 2012

Components of Inventory

Inventories consisted of the following components (in thousands):


	December 31, 2012		September 30, 2012
Raw materials	$	1,415	$	1,479
Finished products		1,807		2,045

Total	$	3,222	$	3,524

Other Assets (Tables)

3 Months Ended

Dec. 31, 2012

Other Assets Consist Principally of Strategic Investment

Other assets consist principally of strategic investments as follows (in thousands):


	December 31, 2012		September 30, 2012
Investment in OctoPlus N.V.	$	999	$	718
Investment in Nexeon MedSystems, Inc.		285		285
Investment in ThermopeutiX, Inc.		1,185		1,185
Investment in ViaCyte, Inc.		559		559
Other		2		84

Other assets, net	$	3,030	$	2,831

Intangible Assets (Tables)

3 Months Ended

Dec. 31, 2012

Intangible Assets

Intangible assets consisted of the following (in thousands):


	December 31, 2012
	Weighted Average Original Life (Years)		Gross Carrying Amount		Accumulated Amortization			Net
Definite-lived intangible assets:
Customer lists		9.0	$	4,857	$	(2,869	)	$	1,988
Core technology		8.0		530		(359	)		171
Patents and other		16.8		2,256		(750	)		1,506

Subtotal				7,643		(3,978	)		3,665
Unamortized intangible assets:
Trademarks				580		—			580

Total			$	8,223	$	(3,978	)	$	4,245


	September 30, 2012
	Weighted Average Original Life (Years)		Gross Carrying Amount		Accumulated Amortization			Net
Definite-lived intangible assets:
Customer lists		9.0	$	4,857	$	(2,734	)	$	2,123
Core technology		8.0		530		(343	)		187
Patents and other		16.8		2,256		(716	)		1,540

Subtotal				7,643		(3,793	)		3,850
Unamortized intangible assets:
Trademarks				580		—			580

Total			$	8,223	$	(3,793	)	$	4,430

Estimated Amortization Expenses

Based on the intangible assets in service as of December 31, 2012, estimated amortization expense for each of the next five fiscal years is as follows (in thousands):


Remainder of 2013	$	557
2014		742
2015		731
2016		594
2017		183
2018		137

Stock-based Compensation (Tables)

3 Months Ended

Dec. 31, 2012

Stock Based Compensation Expenses

The Company’s stock-based compensation expenses were allocated to the following expense categories (in thousands):


	Three months ended December 31,
	2012		2011
Product costs	$	3	$	15
Research and development		23		221
Selling, general and administrative		366		657

Total	$	392	$	893

Assumptions Used in Stock Option Plans

The assumptions used as inputs in the model were as follows:


	Three months ended December 31,
	2012			2011
Risk-free interest rates		0.6	%		0.8	%
Expected life (years)		4.8			4.8
Expected volatility		49.2	%		49.6	%
Dividend yield		0.0	%		0.0	%

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References + Details

Income Per Share Data (Tables)

3 Months Ended

Dec. 31, 2012

Denominator for Computation Basic and Diluted Income Per Share

The following table sets forth the denominator for the computation of basic and diluted income per share (in thousands):


	Three months ended December 31,
	2012		2011
Basic weighted average shares outstanding		14,655		17,476
Dilutive effect of outstanding stock options, non-vested restricted stock and performance shares		208		52

Diluted weighted average shares outstanding		14,863		17,528

Operating Segments (Tables)

3 Months Ended

Dec. 31, 2012

Segment Revenue, Operating Income from Continuing Operations and Depreciation and Amortization

The tables below present segment revenue, operating income from continuing operations and depreciation and amortization, as follows (in thousands):


	Three months ended December 31,
	2012			2011
Revenue:
Medical Device	$	10,531		$	8,867
In Vitro Diagnostics		3,320			3,049

Total revenue	$	13,851		$	11,916

Operating income (loss):
Medical Device	$	5,840		$	3,932
In Vitro Diagnostics		751			906
Corporate		(1,714	)		(1,616	)

Total operating income from continuing operations	$	4,877		$	3,222

Depreciation and amortization:
Medical Device	$	317		$	364
In Vitro Diagnostics		215			195
Corporate		190			190

Total depreciation and amortization	$	722		$	749

Key Accounting Policies - Additional Information (Detail)	Dec. 31, 2012
Accounting Policies [Line Items]
Maximum payment terms on product sales	45 days
Minimum payment terms on product sales	30 days

Discontinued Operations - Additional Information (Detail) - USD ($)	1 Months Ended		3 Months Ended
	Jan. 29, 2013	Nov. 17, 2011	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2012
Discontinued Operations [Line Items]
Total consideration received from the Pharma Sale		$ 30,000,000
Restricted time period for competition		5 years
Indemnification period of specified losses			5 years
Loss on sale of discontinued operations, before income taxes				$ (1,661,000)
Loss on sale of discontinued operations, net of income taxes				$ (1,054,000)
Current liabilities of discontinued operations			$ 1,640,000		$ 1,640,000
Subsequent Event
Discontinued Operations [Line Items]
Payment in settlement of retained liability	$ 325,000
Retained liability settled amount	1,500,000
Gain from discontinued operation before taxes expected to be recognized in the second quarter of 2013	$ 1,200,000
Alabama Jobs Commitment
Discontinued Operations [Line Items]
Current liabilities of discontinued operations			$ 1,700,000

Operating Results from Discontinued Operations (Detail) $ in Thousands	3 Months Ended
	Dec. 31, 2011 USD ($)
Discontinued Operations [Line Items]
Total revenue	$ 5,311
Income from discontinued operations	2,530
Income tax provision	(925)
Income from discontinued operations, net of income taxes	1,605
Loss on sale of discontinued operations	(1,661)
Income tax benefit	607
Loss on sale of discontinued operations, net of income taxes	$ (1,054)

- Definition

Overall income (loss) from a disposal group that is classified as a component of the entity, before income tax, reported as a separate component of income before extraordinary items. Includes the following (before income tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References + Details

- Definition

Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=18498875&loc=d3e38679-109324

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-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)
-Number 109
-Paragraph 46
-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 144
-Paragraph 43
-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.

+ Details

- Definition

Amount of tax expense or benefit on gain (loss), not previously recognized, resulting from the sale of a business component.

+ References + Details

Assets and Liabilities of Discontinued Operations (Detail) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Components Of Discontinued Operations [Line Items]
Accounts receivable, net	$ 209	$ 283
Other current assets	600	600
Current assets of discontinued operations	809	883
Total assets of discontinued operations	809	883
Other current liabilities payable	1,640	1,640
Current liabilities of discontinued operations	1,640	1,640
Total liabilities of discontinued operations	$ 1,640	$ 1,640

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Assets and Liabilities Measured at Fair Value on a Recurring Basis - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	$ 49,583	$ 48,369
Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	6,002	5,101
Available-for-sale debt securities \| U.S. government and government agency obligations
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	33,150	28,854
Available-for-sale debt securities \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	2,743	2,999
Available-for-sale debt securities \| Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	3,701	3,213
Available-for-sale debt securities \| Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	549	598
Available-for-sale debt securities \| Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	2,439	6,886
Other
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	999	718
Quoted Prices in Active Markets for Identical Instruments (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	999	718
Quoted Prices in Active Markets for Identical Instruments (Level 1) \| Other
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	999	718
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	48,584	47,651
Significant Other Observable Inputs (Level 2) \| Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	6,002	5,101
Significant Other Observable Inputs (Level 2) \| Available-for-sale debt securities \| U.S. government and government agency obligations
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	33,150	28,854
Significant Other Observable Inputs (Level 2) \| Available-for-sale debt securities \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	2,743	2,999
Significant Other Observable Inputs (Level 2) \| Available-for-sale debt securities \| Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	3,701	3,213
Significant Other Observable Inputs (Level 2) \| Available-for-sale debt securities \| Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	549	598
Significant Other Observable Inputs (Level 2) \| Available-for-sale debt securities \| Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets measured at fair value	$ 2,439	$ 6,886

Reconciliation of Financial Assets Measured at Fair Value on Recurring Basis using Significant Unobservable Inputs (Detail) $ in Thousands	3 Months Ended
	Dec. 31, 2011 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 24
Transfers into Level 3
Transfers out of Level 3	(24)
Total realized and unrealized gains (losses):
Included in other comprehensive (loss) income
Purchases, issuances, sales and settlements, net
Mortgage-backed securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	15
Transfers into Level 3
Transfers out of Level 3	(15)
Total realized and unrealized gains (losses):
Included in other comprehensive (loss) income
Purchases, issuances, sales and settlements, net
Asset-backed securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	9
Transfers into Level 3
Transfers out of Level 3	(9)
Total realized and unrealized gains (losses):
Included in other comprehensive (loss) income
Purchases, issuances, sales and settlements, net

Amortized Cost, Unrealized Holding Gains (Losses) and Fair Value of Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 42,227	$ 42,186
Unrealized Gains	389	405
Unrealized Losses	(34)	(41)
Fair Value	42,582	42,550
U.S. government and government agency obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	32,930	28,641
Unrealized Gains	220	213
Fair Value	33,150	28,854
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,653	2,896
Unrealized Gains	114	129
Unrealized Losses	(24)	(26)
Fair Value	2,743	2,999
Municipal Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	3,671	3,178
Unrealized Gains	30	35
Fair Value	3,701	3,213
Asset-backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	559	613
Unrealized Losses	(10)	(15)
Fair Value	549	598
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,414	6,858
Unrealized Gains	25	28
Fair Value	$ 2,439	$ 6,886

Amortized Cost and Fair Value of Investments by Contractual Maturity (Detail) $ in Thousands	Dec. 31, 2012 USD ($)
Amortized cost
Debt securities due within one year	$ 9,473
Debt securities due within one to five years	29,476
Debt securities due within five years or more	3,278
Total	42,227
Fair value
Debt securities due within one year	9,496
Debt securities due within one to five years	29,726
Debt securities due within five years or more	3,360
Total	$ 42,582

Sales of Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Schedule of Available-for-sale Securities [Line Items]
Proceeds from sales	$ 805	$ 2,641
Gross realized gains	4	9
Gross realized losses

- Definition

The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Investing Activities
-URI http://asc.fasb.org/extlink&oid=6516133

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26853-111562

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 12
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3179-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 18
-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)
-Number 95
-Paragraph 15
-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)
-Number 95
-Paragraph 16
-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 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 16
-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.

+ Details

Components of Inventories (Detail) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Components Of Inventory [Line Items]
Raw materials	$ 1,415	$ 1,479
Finished products	1,807	2,045
Total	$ 3,222	$ 3,524

Other Assets Consist Principally of Strategic Investments (Detail) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Schedule of Investments [Line Items]
Other assets, net	$ 3,030	$ 2,831
Investment in OctoPlus N.V.
Schedule of Investments [Line Items]
Other assets, net	999	718
Investment in Nexeon MedSystems, Inc.
Schedule of Investments [Line Items]
Other assets, net	285	285
Investment in ThermopeutiX, Inc.
Schedule of Investments [Line Items]
Other assets, net	1,185	1,185
Investment in ViaCyte, Inc.
Schedule of Investments [Line Items]
Other assets, net	559	559
Other
Schedule of Investments [Line Items]
Other assets, net	$ 2	$ 84

Other Assets - Additional Information (Detail) $ in Thousands	3 Months Ended				12 Months Ended
	Dec. 31, 2012 USD ($)	Dec. 31, 2012 USD ($) € / shares	Dec. 31, 2011 USD ($)	Mar. 31, 2010 USD ($)	Sep. 30, 2010 USD ($)	Aug. 31, 2009 USD ($)
Other Assets [Line Items]
Expected gain on sale of investment in the second quarter of fiscal 2013	$ 100	$ 100
Investment in Vessix						$ 2,000
Follow-on investment				$ 500
Impairment loss on investment					$ 2,400
Gain on sale of strategic investment	1,174
OctoPlus N.V.
Other Assets [Line Items]
Offer price to purchase all issued and outstanding ordinary shares \| € / shares		$ 0.52
Investment in OctoPlus N.V.
Other Assets [Line Items]
Cost basis investment in OctoPlus	900	$ 900
Maximum
Other Assets [Line Items]
Potential proceeds on achievement of future milestones	4,200	$ 4,200
Revenue recognized from activity with companies in which it had strategic investment	$ 100		$ 100

Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Amortization Expense [Line Items]
Amortization expense	$ 0.2	$ 0.2

Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Intangible Assets [Line Items]
Intangible assets, Gross carrying amount	$ 8,223	$ 8,223
Intangible assets, Accumulated amortization	(3,978)	(3,793)
Intangible assets, Net	$ 4,245	$ 4,430
Customer Lists
Intangible Assets [Line Items]
Definite lived intangible assets, Weighted Average Original Life (Years)	9 years	9 years
Definite lived intangible assets, Gross Carrying Amount	$ 4,857	$ 4,857
Definite lived intangible assets, Accumulated Amortization	(2,869)	(2,734)
Definite lived intangible assets, Net	$ 1,988	$ 2,123
Core Technology
Intangible Assets [Line Items]
Definite lived intangible assets, Weighted Average Original Life (Years)	8 years	8 years
Definite lived intangible assets, Gross Carrying Amount	$ 530	$ 530
Definite lived intangible assets, Accumulated Amortization	(359)	(343)
Definite lived intangible assets, Net	$ 171	$ 187
Patents And Other
Intangible Assets [Line Items]
Definite lived intangible assets, Weighted Average Original Life (Years)	16 years 9 months 18 days	16 years 9 months 18 days
Definite lived intangible assets, Gross Carrying Amount	$ 2,256	$ 2,256
Definite lived intangible assets, Accumulated Amortization	(750)	(716)
Definite lived intangible assets, Net	1,506	1,540
Trademarks
Intangible Assets [Line Items]
Unamortized intangible assets, Net	$ 580	$ 580

Estimated Amortization Expenses (Detail) $ in Thousands	Dec. 31, 2012 USD ($)
Amortization Expense [Line Items]
Remainder of 2013	$ 557
2014	742
2015	731
2016	594
2017	183
2018	$ 137

Goodwill - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012
Goodwill [Line Items]
Goodwill	$ 8,010	$ 8,010

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-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 142
-Paragraph 43
-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)
-Number 141R
-Paragraph 72
-Subparagraph d
-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)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-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 141R
-Paragraph 68
-Subparagraph l
-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 Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-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.

+ Details

Stock Based Compensation Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expenses	$ 392	$ 893
Product costs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expenses	3	15
Research and development
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expenses	23	221
Selling, general and administrative
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expenses	$ 366	$ 657

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Stock-Based Compensation - Additional Information (Detail) - USD ($)	1 Months Ended		3 Months Ended
	Dec. 12, 2012	Sep. 30, 2000	Dec. 31, 2012	Dec. 31, 2011
Stock Based Compensation Activity [Line Items]
Unrecognized compensation costs related to non-vested awards			$ 4,800,000
Weighted average period for recognition of compensation costs related to non-vested awards			2 years 8 months 12 days
Performance Share Awards Fully Expensed			$ 1,600,000
Weighted average per share fair value of stock options			$ 8.48	$ 5.24
Dividend yield			0.00%	0.00%
Restricted stock expenses				$ 100,000
Expenses recognized related to Performance Shares			$ 200,000	200,000
Performance Shares, time period			3 years
Non-qualified stock options granted prior to May 2008
Stock Based Compensation Activity [Line Items]
Percentage of non-qualified stock options on each of first five anniversaries			20.00%
Non-qualified stock options granted subsequent to April 2008
Stock Based Compensation Activity [Line Items]
Percentage of non-qualified stock options on each of first four anniversaries			25.00%
Fiscal 2011 beginning on October 1, 2010 and ending on September 30, 2013
Stock Based Compensation Activity [Line Items]
Performance period start date			Oct. 01, 2010
Performance period end date			Sep. 30, 2013
Shares vested upon the achievement of all or a portion of certain performance objectives during the performance period			68,533
Fiscal 2012 beginning on October 1, 2011 and ending on September 30, 2014
Stock Based Compensation Activity [Line Items]
Performance period start date			Oct. 01, 2011
Performance period end date			Sep. 30, 2014
Shares vested upon the achievement of all or a portion of certain performance objectives during the performance period			62,497
Fiscal 2013 beginning on October 1, 2012 and ending on September 30, 2015
Stock Based Compensation Activity [Line Items]
Performance period start date			Oct. 01, 2012
Performance period end date			Sep. 30, 2015
Shares vested upon the achievement of all or a portion of certain performance objectives during the performance period			38,042
Maximum
Stock Based Compensation Activity [Line Items]
Total pre-tax intrinsic value of options exercised			$ 100,000
Restricted stock expenses			100,000
Common stock authorized, shares		400,000
Annual compensation withheld		10.00%
Annual compensation withheld, maximum limit		$ 25,000
Employee contributions			100,000	100,000
Stock compensation expenses recognized			100,000	$ 100,000
RSU expenses			$ 100,000
Nonqualified Stock Options \| Minimum
Stock Based Compensation Activity [Line Items]
Stock option expiration term upon expiration of employment or service			7 years
Nonqualified Stock Options \| Maximum
Stock Based Compensation Activity [Line Items]
Stock option expiration term upon expiration of employment or service			10 years
Restricted Stock Units (RSUs)
Stock Based Compensation Activity [Line Items]
Number of restricted stock units awarded	11,776
RSU award vest each year	33.00%

Assumptions Used in Stock Option Plans (Detail)	3 Months Ended
Assumptions Used in Stock Option Plans (Detail)	Dec. 31, 2012	Dec. 31, 2011
Share Based Payment Award Stock Options Valuation Assumptions [Line Items]
Risk-free interest rates	0.60%	0.80%
Expected life (years)	4 years 9 months 18 days	4 years 9 months 18 days
Expected volatility	49.20%	49.60%
Dividend yield	0.00%	0.00%

Denominator for Computation Basic and Diluted Income Per Share (Detail) - shares shares in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Components Of Basic And Diluted Earning Per Share [Line Items]
Basic weighted average shares outstanding	14,655	17,476
Dilutive effect of outstanding stock options, non-vested restricted stock and performance shares	208	52
Diluted weighted average shares outstanding	14,863	17,528

Income Per Share Data - Additional Information (Detail) - shares shares in Millions	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Earnings Loss Per Share [Line Items]
Weighted average diluted shares outstanding excluded outstanding stock options	0.7	1.2

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-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)
-Number 128
-Paragraph 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 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-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 Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-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.

+ Details

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2012
Income Tax Disclosure [Line Items]
Income tax provisions associated with income from continuing operations	$ 1.9	$ 1.2
Effective tax rates	30.60%	36.00%
U.S. federal statutory tax rate	35.00%	35.00%
Income tax expense from discontinued operations		$ 0.9
Income tax benefit from the sale of discontinued operations		$ 0.6
Effective tax rate applied to discontinued operations		36.60%
Unrecognized tax benefits including interest and penalties	$ 1.4		$ 1.4
Liability for unrecognized tax benefits to change significantly in the next 12 months	$ 0.0

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to pretax Income or Loss from continuing operations; income tax expense or benefit may include interest and penalties on tax uncertainties based on the entity's accounting policy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=21917399&loc=d3e32247-109318

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 45, 46
-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 SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 48
-Paragraph 15, 16, 19
-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.

+ Details

Segment Revenue, Operating Income from Continuing Operations and Depreciation and Amortization (Detail) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Segment Reporting Information [Line Items]
Total revenue	$ 13,851	$ 11,916
Operating income from continuing operations	4,877	3,222
Depreciation and amortization	722	749
Medical Device
Segment Reporting Information [Line Items]
Total revenue	10,531	8,867
Operating income from continuing operations	5,840	3,932
Depreciation and amortization	317	364
In Vitro Diagnostics
Segment Reporting Information [Line Items]
Total revenue	3,320	3,049
Operating income from continuing operations	751	906
Depreciation and amortization	215	195
Corporate
Segment Reporting Information [Line Items]
Operating income from continuing operations	(1,714)	(1,616)
Depreciation and amortization	$ 190	$ 190

Commitments and Contingencies - Additional Information (Detail)	1 Months Ended	3 Months Ended
	Jan. 29, 2013 USD ($)	Dec. 31, 2012 USD ($) shares	Sep. 30, 2012 USD ($)	Apr. 30, 2008 ft²
Commitments and Contingencies [Line Items]
Additional shares of common stock to stockholders \| shares		480,059
Additional maximum amount payable on successful achievement of specified milestones to sellers of PR Pharma		$ 3,000,000
Indemnification period		5 years
Office and warehouse facility \| ft²				286,000
Current liabilities of discontinued operations		$ 1,640,000	$ 1,640,000
Subsequent Event
Commitments and Contingencies [Line Items]
Payment in settlement of retained liability	$ 325,000
Retained liability settled amount	1,500,000
Gain from discontinued operation before taxes expected to be recognized in the second quarter of 2013	$ 1,200,000
Alabama Jobs Commitment
Commitments and Contingencies [Line Items]
Current liabilities of discontinued operations		$ 1,700,000

Subsequent Event (Detail) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
Subsequent Event (Detail) - USD ($) $ in Millions	Jan. 28, 2013	Dec. 31, 2012
Subsequent Event [Line Items]
Remaining under previous share repurchase authorization		$ 0.3
Share Repurchase
Subsequent Event [Line Items]
Authorized repurchase of outstanding common stock	$ 10.0