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Consolidated Statements of Operations (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
SALES $ 117,515 $ 128,498 $ 338,960 $ 404,304
COST OF SALES 71,788 79,651 209,760 238,035
GROSS PROFIT 45,727 48,847 129,200 166,269
OPERATING EXPENSES:        
Research and development 14,564 17,592 44,181 50,591
Selling, general and administrative 16,806 16,473 53,571 57,379
Amortization of intangible assets 1,416 989 4,139 2,831
Restructuring charges 3,003 3,119 5,434 3,119
Total operating expenses 35,789 38,173 107,325 113,920
OPERATING INCOME 9,938 10,674 21,875 52,349
OTHER INCOME, NET 65 (259) 2,251 496
Income from continuing operations before income taxes 10,003 10,415 24,126 52,845
Provision for income taxes 4,268 3,244 8,824 13,396
INCOME FROM CONTINUING OPERATIONS, NET OF INCOME TAXES 5,735 7,171 15,302 39,449
Income from discontinued operations, net of income taxes 0 (579) 430 (365)
NET INCOME $ 5,735 $ 6,592 $ 15,732 $ 39,084
Basic weighted-average common shares outstanding (in shares) 37,807 43,535 39,148 43,515
Diluted weighted-average common shares outstanding (in shares) 38,330 43,819 39,720 44,056
CONTINUING OPERATIONS:        
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.15 $ 0.16 $ 0.39 $ 0.91
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.15 $ 0.16 $ 0.39 $ 0.90
DISCONTINUED OPERATIONS        
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.00 $ (0.01) $ 0.01 $ (0.01)
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.00 $ (0.01) $ 0.01 $ (0.01)
NET INCOME:        
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.15 $ 0.15 $ 0.40 $ 0.90
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.15 $ 0.15 $ 0.40 $ 0.89