XML 58 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues $ 14,804 $ 15,746 $ 43,184 $ 48,809
Operating costs and expenses:        
Direct operating costs 10,673 11,973 32,283 38,183
Selling and administrative expenses 4,284 3,992 11,935 12,972
Impairment charges 0 5,524 0 5,524
Interest income, net (33) (57) (64) (314)
Totals 14,924 21,432 44,154 56,365
Loss before income taxes (120) (5,686) (970) (7,556)
Provision for income taxes 306 7,297 513 5,809
Net loss (426) (12,983) (1,483) (13,365)
Loss attributable to non-controlling interests 207 1,291 790 1,869
Net loss attributable to Innodata Inc. and Subsidiaries (219) (11,692) (693) (11,496)
Loss per share attributable to Innodata Inc. and Subsidiaries:        
Basic and Diluted (in dollars per share) $ (0.01) $ (0.47) $ (0.03) $ (0.46)
Weighted average shares outstanding:        
Basic and Diluted (in shares) 25,294 25,053 25,197 24,977
Comprehensive loss:        
Net loss (426) (12,983) (1,483) (13,365)
Pension liability adjustment, net of taxes 9 18 29 54
Change in fair value of derivatives, net of taxes (559) (575) 351 (1,805)
Foreign currency translation adjustment, net of taxes (191) 0 (191) 0
Other Comprehensive income (loss) (741) (557) 189 (1,751)
Total Comprehensive loss (1,167) (13,540) (1,294) (15,116)
Comprehensive loss attributable to non-controlling interest 207 1,291 790 1,869
Comprehensive loss attributable to Innodata Inc. and Subsidiaries $ (960) $ (12,249) $ (504) $ (13,247)