XML 56 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues $ 571,640 $ 563,691
Cost of revenues 388,535 378,713
Gross profit 183,105 184,978
Operating expenses    
Sales and marketing 49,856 44,478
Product development 44,356 40,142
General and administrative 36,570 34,672
Amortization of intangible assets 11,913 15,597
Restructuring expense 789 0
Total operating expenses 143,484 134,889
Operating Income (Loss) 39,621 50,089
Other income (expense)    
Interest income 193 308
Interest expense (2,437) (12,114)
Other income (expense), net (2,176) (1,590)
Total other income (expense) (4,420) (13,396)
Income (Loss) Before Income Taxes 35,201 36,693
Income tax (provision) benefit (9,629) (9,567)
Net income 25,572 27,126
Net income attributable to noncontrolling interests 219 6
Net income (loss) attributable to Itron, Inc. $ 25,353 $ 27,120
Earnings (loss) per common share-Basic $ 0.64 $ 0.67
Earnings (loss) per common share-Diluted $ 0.63 $ 0.66
Weighted average common shares outstanding-Basic 39,913 40,546
Weighted average common shares outstanding-Diluted 40,216 41,045