XML 34 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Condensed Consolidated Statements of Operations (Abstract)    
Net sales$ 546,114$ 528,564$ 1,713,097$ 1,564,914
Cost of sales442,304408,2681,374,6141,215,354
Gross profit103,810120,296338,483349,560
Selling, general and administrative expenses67,53074,835217,896215,635
Restructuring and impairment charges8699,5704,04444,107
Other expense (income):    
Interest expense7,03010,51921,20837,196
Interest earned(50)(78)(193)(542)
Losses on extinguishment of debt 19,331 19,331
Foreign currency losses, net1,7263984,0493,644
Miscellaneous expense, net647,3454582,523
Income (loss) before income taxes26,641(1,624)91,02127,666
Income tax expense8,41973829,98723,246
Net income (loss)18,222(2,362)61,0344,420
Less: Net income attributable to noncontrolling interests40983573733
Net income (loss) attributable to Ferro Corporation18,182(3,345)60,4613,687
Dividends on preferred stock (165)(165)(495)
Net income (loss) attributable to Ferro Corporation common shareholders$ 18,182$ (3,510)$ 60,296$ 3,192
Earnings (loss) per share attributable to Ferro Corporation common shareholders:    
Basic earnings (loss) per share$ 0.21$ (0.04)$ 0.70$ 0.04
Diluted earnings (loss) per share$ 0.21$ (0.04)$ 0.69$ 0.04
Dividends per share of common stock