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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
NET REVENUES $ 78,045 $ 75,063 $ 226,200 $ 232,009
COST OF REVENUES 39,294 40,020 115,101 122,917
GROSS PROFIT 38,751 35,043 111,099 109,092
OPERATING EXPENSES:        
Research and development 11,428 10,345 34,134 30,563
Sales and marketing 10,329 7,990 27,643 24,342
General and administrative 7,941 6,145 22,135 18,761
Charge related to SemiSouth (Note 15) 25,300 0 25,300 0
Total operating expenses 54,998 24,480 109,212 73,666
INCOME (LOSS) FROM OPERATIONS (16,247) 10,563 1,887 35,426
OTHER INCOME (EXPENSE)        
Charge related to SemiSouth (Note 15) (33,937) 0 (33,937) 0
Other income, net 837 552 1,647 1,455
Total other income (expense) (33,100) 552 (32,290) 1,455
INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES (49,347) 11,115 (30,403) 36,881
PROVISION (BENEFIT) FOR INCOME TAXES (4,941) 3,603 13,718 8,916
NET INCOME (LOSS) $ (44,406) [1] $ 7,512 [1] $ (44,121) [1] $ 27,965 [1]
EARNINGS (LOSS) PER SHARE:        
Basic $ (1.54) $ 0.26 $ (1.54) $ 0.97
Diluted $ (1.54) [1] $ 0.25 [1] $ (1.54) [1] $ 0.93 [1]
SHARES USED IN PER SHARE CALCULATION:        
Basic 28,908 [1] 28,799 [1] 28,586 [1] 28,789 [1]
Diluted 28,908 [1] 29,879 [1] 28,586 [1] 30,195 [1]
[1] The Company includes the shares underlying performance-based awards in the calculation of diluted earnings per share when they become contingently issuable per ASC 260-10, Earnings per Share and excludes such shares when they are not contingently issuable. The Company has excluded all performance-based awards underlying the fiscal 2012 and 2011 awards as those shares were not contingently issuable as of the end of the periods reported.