XML 64 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Net sales $ 172,070us-gaap_Revenues $ 193,533us-gaap_Revenues $ 336,234us-gaap_Revenues $ 387,855us-gaap_Revenues
Cost of sales 136,613us-gaap_CostOfRevenue 148,292us-gaap_CostOfRevenue 260,500us-gaap_CostOfRevenue 284,379us-gaap_CostOfRevenue
Gross profit 35,457us-gaap_GrossProfit 45,241us-gaap_GrossProfit 75,734us-gaap_GrossProfit 103,476us-gaap_GrossProfit
Selling, general and administrative expenses 30,746us-gaap_SellingGeneralAndAdministrativeExpense 20,951us-gaap_SellingGeneralAndAdministrativeExpense 55,773us-gaap_SellingGeneralAndAdministrativeExpense 41,759us-gaap_SellingGeneralAndAdministrativeExpense
Research and development expenses 24,059us-gaap_ResearchAndDevelopmentExpense 21,625us-gaap_ResearchAndDevelopmentExpense 47,196us-gaap_ResearchAndDevelopmentExpense 42,640us-gaap_ResearchAndDevelopmentExpense
Restructuring and impairment charges       2,446us-gaap_RestructuringSettlementAndImpairmentProvisions
Operating income (loss) (19,348)us-gaap_OperatingIncomeLoss 2,665us-gaap_OperatingIncomeLoss (27,235)us-gaap_OperatingIncomeLoss 16,631us-gaap_OperatingIncomeLoss
Other income (expenses)        
Interest expense, net (4,007)us-gaap_InterestIncomeExpenseNonoperatingNet (5,879)us-gaap_InterestIncomeExpenseNonoperatingNet (8,077)us-gaap_InterestIncomeExpenseNonoperatingNet (11,728)us-gaap_InterestIncomeExpenseNonoperatingNet
Foreign currency gain (loss), net 38,424us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (22,145)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 29,018us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (45,603)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Other 597us-gaap_OtherNonoperatingIncomeExpense 327us-gaap_OtherNonoperatingIncomeExpense 1,158us-gaap_OtherNonoperatingIncomeExpense 680us-gaap_OtherNonoperatingIncomeExpense
Net other income (expenses) 35,014us-gaap_NonoperatingIncomeExpense (27,697)us-gaap_NonoperatingIncomeExpense 22,099us-gaap_NonoperatingIncomeExpense (56,651)us-gaap_NonoperatingIncomeExpense
Income (loss) before income taxes 15,666us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (25,032)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (5,136)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (40,020)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expenses (benefits) 656us-gaap_IncomeTaxExpenseBenefit (364)us-gaap_IncomeTaxExpenseBenefit 1,459us-gaap_IncomeTaxExpenseBenefit 2,237us-gaap_IncomeTaxExpenseBenefit
Net income (loss) $ 15,010us-gaap_NetIncomeLoss $ (24,668)us-gaap_NetIncomeLoss $ (6,595)us-gaap_NetIncomeLoss $ (42,257)us-gaap_NetIncomeLoss
Earnings (loss) per common share-        
Basic $ 0.44us-gaap_EarningsPerShareBasic $ (0.70)us-gaap_EarningsPerShareBasic $ (0.19)us-gaap_EarningsPerShareBasic $ (1.19)us-gaap_EarningsPerShareBasic
Diluted $ 0.43us-gaap_EarningsPerShareDiluted $ (0.70)us-gaap_EarningsPerShareDiluted $ (0.19)us-gaap_EarningsPerShareDiluted $ (1.19)us-gaap_EarningsPerShareDiluted
Weighted average number of shares-        
Basic 34,056,359us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 35,474,001us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 34,054,626us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 35,506,527us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 35,177,915us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 35,474,001us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 34,054,626us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 35,506,527us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding