Subsequent Event - Additional Information (Detail) (USD $)
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3 Months Ended | 0 Months Ended | 0 Months Ended | |||
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Sep. 30, 2014
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Sep. 30, 2013
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Apr. 01, 2014
CyVek, Inc
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Apr. 01, 2014
CyVek, Inc
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Nov. 03, 2014
CyVek, Inc
Subsequent Event
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Nov. 03, 2014
CyVek, Inc
Subsequent Event
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Subsequent Event [Line Items] | ||||||
Investment in common stock | $ 10,000,000 | |||||
Cost method investment ownership percentage in common stock | 19.90% | |||||
Period to achieve certain commercial milestones from the date of Agreement | 12 months | |||||
Payments to acquire business | 62,000,000 | |||||
Business combination contingent consideration | 35,000,000 | |||||
Contingent payment period | 30 months | |||||
Cash payment percentage of excess of revenue | 50.00% | |||||
Net sales | 108,477,000 | 85,668,000 | 100,000,000 | |||
Business combination contingent consideration arrangements description | If, within twelve months of the date of the Agreement, CyVek met commercial milestones related to the sale of its products, the Company was obligated to acquire CyVek through a merger, with CyVek surviving as a wholly-owned subsidiary of the Company. On November 3, 2014, the Company acquired CyVek through a merger. The Company made an initial payment of approximately $62.0 million to the other stockholders of CyVek on November 3, 2014. Such purchase price was adjusted after closing based on the final levels of cash, indebtedness and transaction expenses of CyVek as of the closing. The Company will also pay CyVek’s other stockholders up to $35.0 million based on the revenue generated by CyVek’s products and related products before May 3, 2018 (30 months from the closing of the Merger). The Company will also pay CyVek’s other stockholders 50% of the amount, if any, by which the revenue from CyVek’s products and related products exceeds $100 million in calendar year 2020. | |||||
Borrowing under revolving line-of-credit facility to pay for business | $ 38,000,000 |