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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2011
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
QUARTERLY FINANCIAL DATA (UNAUDITED)
FLIR SYSTEMS, INC.
(In thousands, except per share data)

 
Q1(1)
 
Q2(1)
 
Q3(1)
 
Q4(1)
2011
 
 
 
 
 
 
 
Revenue
$
375,969

 
$
391,554

 
$
371,327

 
$
405,212

Gross profit
196,512

 
205,410

 
201,897

 
224,785

Earnings from continuing operations
51,605

 
29,822

(2)
64,390

 
76,835

(Loss) income from discontinued operations
(289
)
 
(513
)
 
329

 
(705
)
Net earnings
51,316

 
29,309

 
64,719

 
76,130

Basic earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
0.32

 
$
0.19

 
$
0.41

 
$
0.49

Discontinued operations
(0.00
)
 
(0.00
)
 
(0.00
)
 
(0.00
)
Basic earnings per share
$
0.32

 
$
0.18

 
$
0.41

 
$
0.49

Diluted earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
0.32

 
$
0.18

 
$
0.40

 
$
0.49

Discontinued operations
(0.00
)
 
(0.00
)
 
(0.00
)
 
(0.00
)
Diluted earnings per share
$
0.32

 
$
0.18

 
$
0.40

 
$
0.48

2010
 
 
 
 
 
 
 
Revenue
$
287,298

 
$
331,133

 
$
332,497

 
$
437,509

Gross profit
165,354

 
183,323

 
182,108

 
232,856

Earnings from continuing operations
55,895

 
59,454

 
62,955

 
70,070

Loss from discontinued operations
—

 
—

 
—

 
(248
)
Net earnings
55,895

 
59,454

 
62,955

 
69,822

Basic earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
0.37

 
$
0.38

 
$
0.40

 
$
0.44

Discontinued operations
—

 
—

 
—

 
(0.00
)
Basic earnings per share
$
0.37

 
$
0.38

 
$
0.40

 
$
0.44

Diluted earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
0.35

 
$
0.37

 
$
0.39

 
$
0.44

Discontinued operations
—

 
—

 
—

 
(0.00
)
Diluted earnings per share
$
0.35

 
$
0.37

 
$
0.39

 
$
0.43

_
_______________
(1)
Amounts for the fourth quarter of 2010 and the first three quarters of 2011 have been adjusted for the reclassification of certain discontinued operations to continuing operations.
(2)
Earnings from continuing operations for the second quarter of 2011 include the payment of a $39 million litigation settlement. See Note 13 to the Consolidated Financial Statements for additional informa