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Statement of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net Income $ 2,057,487 $ 1,640,583 $ 1,159,031
Cost of sales 1,400,330 1,142,455 1,031,078
Gross Profit 657,157 498,128 127,953
Selling, general and administrative 227,968 195,494 209,713
Research and development 63,996 51,575 61,418
Impairment charges 0 0 50,841
Loss on sale of businesses and asset disposals 590 7,632 16,351
Total operating expenses 292,554 254,701 338,323
Operating Income (Loss) 364,603 243,427 (210,370)
Nonoperating income (expenses):      
Interest Expense (22,829) (50,901) (50,171)
Interest income 1,679 1,455 1,775
Loss on early retirement of debt (1,176) (2,421) (15,838)
Other, net (3,094) 3,525 3,369
Nonoperating expenses, net (25,420) (48,342) (60,865)
Income (loss) before income taxes 339,183 195,085 (271,235)
Income tax 79,380 (51,183) 61,019
Net income (loss) 259,803 246,268 (332,254)
Net income attributable to noncontrolling interest, net of tax (29,933) (32,869) (13,512)
Net income (loss) attributable to Sauer-Danfoss Inc. $ 229,870 $ 213,399 $ (345,766)
Net income (loss) per common share, basic $ 4.75 $ 4.41 $ (7.15)
Earnings Per Share, DilutedNet income (loss) per common share, diluted $ 4.74 $ 4.4 $ (7.15)
Weighted average basic shares outstanding 48,402,059 48,382,860 48,337,923
Weighted average diluted shares outstanding 48,478,627 48,469,519 48,337,923