XML 19 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements of Income      
Net sales $ 516,020 $ 979,135 $ 930,892
Cost of sales 300,887 504,801 481,407
Gross profit 215,133 474,334 449,485
Operating expenses (income):      
Selling, general and administrative 73,110 95,134 87,250
Research and development 95,153 96,596 56,948
Amortization 4,908 4,734 3,703
Restructuring 3,813 1,288 (179)
Asset impairment 1,335 584  
Other, net (398) (261) (1,490)
Total operating expenses 177,921 198,075 146,232
Operating income 37,212 276,259 303,253
Interest income 2,476 3,776 1,629
Interest expense (1,502) (4,600) (8,201)
Interest income (expense), net 974 (824) (6,572)
Loss on extinguishment of debt   (3,349)  
Income from continuing operations before income taxes 38,186 272,086 296,681
Income tax provision 11,657 81,584 19,505
Income from continuing operations 26,529 190,502 277,176
Discontinued operations:      
Income (loss) from discontinued operations before income taxes 6,269 (91,885) 129,776
Income tax provision (benefit) 1,870 (29,370) 45,192
Income (loss) from discontinued operations 4,399 (62,515) 84,584
Net income $ 30,928 $ 127,987 $ 361,760
Basic:      
Continuing operations (in dollars per share) $ 0.69 $ 4.80 $ 7.02
Discontinued operations (in dollars per share) $ 0.11 $ (1.57) $ 2.14
Income (in dollars per share) $ 0.80 $ 3.23 $ 9.16
Diluted :      
Continuing operations (in dollars per share) $ 0.68 $ 4.63 $ 6.52
Discontinued operations (in dollars per share) $ 0.11 $ (1.52) $ 1.99
Income (in dollars per share) $ 0.79 $ 3.11 $ 8.51
Weighted average shares outstanding:      
Basic (in shares) 38,477 39,658 39,499
Diluted (in shares) 39,051 41,155 42,514