XML 91 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Operating revenues:    
Industrial Supply $ 36,242 $ 14,158
Signature Special Situations 7,691 5,350
Corporate and Other      
Total operating revenues 43,933 19,508
Operating costs:    
Cost of goods sold 22,713 8,890
Selling, general and administrative 17,129 15,556
Interest expense 4,164 3,802
Amortization of intangibles 2,346 1,428
Total operating costs 46,352 29,676
Operating loss (2,419) (10,168)
Other income (expense):    
Change in fair value of common stock warrant liability (947) 4,297
Gain on extinguishment of long-term debt 396  
Gain on sale of premises   1,388
Other (337) (72)
Total other income (expense) (888) 5,613
Earnings (loss) before reorganization items, net and income taxes (3,307) (4,555)
Reorganization items, net 80 1,540
Loss from continuing operations before income taxes (3,387) (6,095)
Income tax expense (benefit) 580 (2,628)
Loss from continuing operations (3,967) (3,467)
Loss from discontinued operations, net of income taxes (3,501) (9,407)
Net earnings (loss) (7,468) (12,874)
Loss attributable to noncontrolling interest   (100)
Net earnings (loss) attributable to Signature Group Holdings, Inc. $ (7,468) $ (12,774)
Basic and diluted:    
Loss from continuing operations $ (0.03) $ (0.03)
Loss from discontinued operations, net of income taxes $ (0.03) $ (0.08)
Net loss attributable to Signature Group Holdings, Inc. $ (0.06) $ (0.11)