XML 65 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)      
Net sales $ 95,345,000 $ 232,431,000 $ 259,200,000
Cost of sales 97,193,000 160,446,000 151,824,000
Gross profit (1,848,000) 71,985,000 107,376,000
Selling, general and administrative expenses 21,345,000 27,832,000 23,271,000
Research and development expense 4,371,000 2,562,000 1,800,000
Provision for bad debt expense 486,000 379,000 111,000
Goodwill impairment (Note 6) 82,524,000 63,948,000  
Intangible asset impairment (Note 6) 135,480,000    
Asset impairment (Note 6) 37,431,000 1,861,000  
Operating (loss) income (283,485,000) (24,597,000) 82,194,000
Interest (expense) income, net (196,000) 237,000 111,000
Amortization of deferred financing costs (1,079,000) (4,552,000) (1,327,000)
Other income (Note 9) 7,202,000    
Foreign currency transaction (loss) gain (281,000) 157,000 440,000
(Loss) earnings from continuing operations before income tax (benefit) expense (277,839,000) (28,755,000) 81,418,000
Income tax (benefit) expense from continuing operations (66,264,000) 10,673,000 26,669,000
Net (loss) earnings from continuing operations (211,575,000) (39,428,000) 54,749,000
Discontinued operations (Note 3):      
Earnings (loss) from discontinued operations before income tax (benefit) expense   113,512,000 (7,581,000)
Income tax (benefit) expense from discontinued operations (4,228,000) 75,388,000 (2,143,000)
Net earnings (loss) from discontinued operations 4,228,000 38,124,000 (5,438,000)
Net (loss) earnings (207,347,000) (1,304,000) 49,311,000
Other comprehensive income (loss):      
Foreign currency translation (net of tax effect of $70, $(846) and $1,149, respectively) 130,000 (1,572,000) (376,000)
Other comprehensive income (loss) 130,000 (1,572,000) (376,000)
Comprehensive (loss) income $ (207,217,000) $ (2,876,000) $ 48,935,000
Net (loss) earnings per share (Note 4):      
Basic from continuing operations (in dollars per share) $ (5.12) $ (0.96) $ 1.36
Basic from discontinued operations (in dollars per share) $ 0.10 $ 0.93 $ (0.14)
Basic (in dollars per share) $ (5.02) $ (0.03) $ 1.22
Diluted from continuing operations (in dollars per share) $ (5.12) $ (0.96) $ 1.30
Diluted from discontinued operations (in dollars per share) $ 0.10 $ 0.93 $ (0.13)
Diluted (in dollars per share) $ (5.02) $ (0.03) $ 1.17
Weighted-average shares outstanding (Note 4):      
Basic (in shares) 41,314,608 40,886,022 40,302,509
Diluted (in shares) 41,314,608 40,886,022 42,126,502