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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Product revenue $ 108,557 $ 87,717 $ 215,360 $ 177,499
Service revenue 47,344 43,858 96,174 84,913
Revenue 155,901 131,575 311,534 262,412
Cost of product revenue 75,120 56,667 147,446 114,276
Cost of service revenue 27,740 23,078 57,525 44,954
Cost of revenue 102,860 79,745 204,971 159,230
Gross profit 53,041 51,830 106,563 103,182
Selling, general and administrative expenses 44,692 40,430 89,354 81,829
Bad debt expense 3,772 2,638 7,237 5,293
Acquisition and integration expenses 636 0 808 0
Restructuring expense 202 3,475 502 4,774
Amortization of intangibles 878 819 1,757 1,638
Income from operations 2,861 4,468 6,905 9,648
Interest expense, net 6,790 6,235 13,359 12,847
Income (loss) before income taxes (3,929) (1,767) (6,454) (3,199)
Income Tax Expense (Benefit) 364 (127) (138) (544)
Loss from continuing operations, net of income taxes (4,293) (1,640) (6,316) (2,655)
(Loss) income from discontinued operations, net of income taxes 76,059 (686) 75,379 3,270
Net income (loss) $ 71,766 $ (2,326) $ 69,063 $ 615
Income (loss) per common share        
Basic loss from continuing operations $ (0.07) $ (0.03) $ (0.11) $ (0.05)
Basic (loss) income from discontinued operations $ 1.36 $ (0.01) $ 1.36 $ 0.06
Basic $ 1.29 $ (0.04) $ 1.25 $ 0.01
Diluted loss from continuing operations $ (0.07) $ (0.03) $ (0.11) $ (0.05)
Diluted (loss) income from discontinued operations $ 1.36 $ (0.01) $ 1.36 $ 0.06
Diluted $ 1.29 $ (0.04) $ 1.25 $ 0.01
Weighted average common shares outstanding        
Basic 55,746 54,298 55,143 54,216
Diluted 55,746 54,298 55,143 54,216