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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Revenues $ 32,148 $ 20,185 $ 57,592 $ 40,705
Cost of sales 14,265 10,322 25,456 22,414
GROSS PROFIT 17,883 9,863 32,136 18,291
Selling, general and administrative expenses 8,131 5,993 14,533 10,750
Research and development expenses 2,767 1,881 4,654 3,313
Amortization of intangibles 309 572 565 986
TOTAL OPERATING EXPENSES 11,207 8,446 19,752 15,049
OPERATING INCOME/(LOSS) 6,676 1,417 12,384 3,242
Interest expense, net (610) (234) (599) (524)
Write-off and amortization of deferred financing costs (1,403) (273) (1,596) (546)
Equity in earnings of unconsolidated joint venture 13,706 369 14,530 833
Change in fair value of warrants liability 0 (10,679) 0 (8,881)
INCOME (LOSS) BEFORE INCOME TAXES 18,369 (9,400) 24,719 (5,876)
Income tax provision 423 33 963 37
NET INCOME (LOSS) $ 17,946 $ (9,433) $ 23,756 $ (5,913)
NET INCOME (LOSS) PER SHARE:        
BASIC (in dollars per share) $ 0.19 $ (0.10) $ 0.25 $ (0.06)
DILUTED (in dollars per share) $ 0.17 $ (0.10) $ 0.23 $ (0.06)
SHARES USED IN COMPUTING NET INCOME (LOSS) PER SHARE:        
BASIC (in shares) 94,579 92,745 94,389 91,764
DILUTED (in shares) 105,233 92,745 104,653 91,764