XML 25 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenue        
Services $ 47,401 $ 28,647 $ 142,097 $ 94,004
Products 19,515 24,335 35,586 48,100
Total revenue 66,916 52,982 177,683 142,104
Costs and expenses        
Cost of sales - Services 36,368 23,379 106,548 70,324
Cost of sales - Products 15,645 17,906 27,575 36,863
Total costs and expenses 52,013 41,285 134,123 107,187
Selling, general and administrative expenses 11,132 9,035 28,465 24,840
Operating income 3,771 2,662 15,095 10,077
Other income (expense)        
Other income 236 40 493 320
Interest expense (1,603) (1,655) (5,083) (4,575)
Income before income taxes 2,404 1,047 10,505 5,822
Income tax (provision) benefit (Note 8) (1,136) 137 (4,587) (2,170)
Net income 1,268 1,184 5,918 3,652
Less: Net income attributable to non-controlling interest (Note 2) (725) (1,100) (1,599) (1,672)
Net income attributable to Telos Corporation $ 543 $ 84 $ 4,319 $ 1,980