XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Condensed Consolidated Statements of Operations        
Net sales $ 97,435 $ 136,547 $ 159,216 $ 276,456
Cost of sales 62,795 75,293 102,024 149,934
Gross profit 34,640 61,254 57,192 126,522
Operating expenses (income):        
Selling, general and administrative 19,779 20,893 39,427 40,666
Research and development 20,870 23,910 41,607 47,216
Amortization 855 1,185 1,711 2,400
Restructuring     531 63
Other, net (52) 146 352 111
Total operating expenses 41,452 46,134 83,628 90,456
Operating (loss) income (6,812) 15,120 (26,436) 36,066
Interest income, net 236 329 428 532
Income (loss) from continuing operations before income taxes (6,576) 15,449 (26,008) 36,598
Income tax (benefit) provision (2,495) 4,438 (11,856) 9,125
(Loss) income from continuing operations (4,081) 11,011 (14,152) 27,473
Discontinued operations:        
Income from discontinued operations before income taxes   1,219   1,138
Income tax provision   412   381
Income from discontinued operations   807   757
Net (loss) income $ (4,081) $ 11,818 $ (14,152) $ 28,230
Basic:        
Continuing operations (in dollars per share) $ (0.11) $ 0.29 $ (0.37) $ 0.72
Discontinued operations (in dollars per share)   $ 0.02   $ 0.02
(Loss) income (in dollars per share) $ (0.11) $ 0.31 $ (0.37) $ 0.74
Diluted :        
Continuing operations (in dollars per share) $ (0.11) $ 0.28 $ (0.37) $ 0.71
Discontinued operations (in dollars per share)   $ 0.02   $ 0.02
(Loss) income (in dollars per share) $ (0.11) $ 0.30 $ (0.37) $ 0.73
Weighted average shares outstanding:        
Basic (in shares) 38,764 38,370 38,740 38,315
Diluted (in shares) 38,764 38,988 38,740 38,925