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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2012
Summary of Significant Accounting Policies [Abstract]  
Activity of allowance for doubtful accounts

The following table shows the activity of the allowance for doubtful accounts:

 

                 
    September 30,
2012
    December 31,
2011
 
    (in thousands)  

Beginning balance

  $ 378     $ 194  

Charges to costs and expenses

    14       1,873  

Accounts charged off, less recoveries

    (4     (1,689
   

 

 

   

 

 

 

Ending balance

  $ 388     $ 378  
   

 

 

   

 

 

 
Inventories

Inventories are composed of the following:

 

                 
    September 30,
2012
    December 31,
2011
 
    (in thousands)  

Raw materials

  $ 20,584     $ 7,835  

Work in progress

    19,862       9,776  

Finished goods

    5,365       5,212  
   

 

 

   

 

 

 
    $ 45,811     $ 22,823  
   

 

 

   

 

 

 
Property and equipment

Property and equipment consisted of the following:

 

                 
    September 30,
2012
    December 31,
2011
 
    (in thousands)  

Land and land improvements

  $ 4,133     $ 2,540  

Buildings

    30,208       26,915  

Machinery, equipment and tooling

    103,412       98,276  

Leasehold improvements

    7,696       7,712  

Furniture and fixtures

    941       834  

Information systems

    1,070       954  

Construction in progress

    16,670       17,530  
   

 

 

   

 

 

 

Total cost

    164,130       154,761  

Accumulated depreciation and amortization

    (42,772     (33,830
   

 

 

   

 

 

 

Property and equipment, net

  $ 121,358     $ 120,931  
   

 

 

   

 

 

 
Anti-dilutive securities outstanding excluded from calculation of diluted net loss per share

At September 30, 2012, the Company had the following anti-dilutive securities outstanding which were excluded from the calculation of diluted net loss per share for the nine months ended September 30, 2012:

 

         
    September 30,
2012
 

Warrants

    169,042  

Stock options

    356,965  
   

 

 

 
      526,007  
   

 

 

 
Activity of accumulated comprehensive income (loss)

The following table shows the activity of accumulated comprehensive income (loss):

 

                 
    September 30,
2012
    December 31,
2011
 
    (in thousands)  

Beginning Balance

  $ (50   $ (10

Unrealized gain (loss) on investments, net of taxes

    681       (42

Unrealized gain (loss) on currency translation

    (5     2  
   

 

 

   

 

 

 

Ending Balance

  $ 626     $ (50