XML 49 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 119,492 $ 116,670 $ 235,534 $ 229,731
Cost of sales 23,676 23,186 45,616 45,527
Gross profit 95,816 93,484 189,918 184,204
Operating expenses        
Sales and marketing 49,810 49,960 99,331 97,399
General and administrative 14,295 17,344 28,865 36,130
Research and development 9,252 6,229 16,302 11,673
Amortization of intangible assets 530 555 1,060 1,103
Charges related to U.S. Government resolutions (Note 16) 1,364   1,364 46,000
Total operating expenses 75,251 74,088 146,922 192,305
Operating income (loss) 20,565 19,396 42,996 (8,101)
Other income and expense        
Interest expense, net (1,265) (2,198) (3,486) (4,613)
Other income (expense), net 660 (342) 29 (1,451)
Total other income (expense) (605) (2,540) (3,457) (6,064)
Income (loss) before income taxes 19,960 16,856 39,539 (14,165)
Income tax expense (5,993) (6,337) (13,356) (12,056)
Net income (loss) from continuing operations, net of tax 13,967 10,519 26,183 (26,221)
Discontinued operations (Note 15)        
Gain on sale of Breg, Inc., net of tax 1,040   1,040  
Income (loss) from discontinued operations (5,846) (796) (6,352) 676
Income tax benefit (expense) 2,044 235 2,350 (298)
Net income (loss) from discontinued operations, net of tax (2,762) (561) (2,962) 378
Net Income (loss) 11,205 9,958 23,221 (25,843)
Net income (loss) per common share- basic:        
Net income (loss) from continuing operations, net of tax (in dollars per share) $ 0.74 $ 0.58 $ 1.40 $ (1.45)
Net income (loss) from discontinued operations, net of tax (in dollars per share) $ (0.15) $ (0.03) $ (0.16) $ 0.02
Net income (loss) per common share- basic (in dollars per share) $ 0.59 $ 0.55 $ 1.24 $ (1.43)
Net income (loss) per common share- diluted:        
Net income (loss) from continuing operations, net of tax (in dollars per share) $ 0.73 $ 0.57 $ 1.37 $ (1.45)
Net income (loss) from discontinued operations, net of tax (in dollars per share) $ (0.15) $ (0.03) $ (0.16) $ 0.02
Net income (loss) per common share- diluted: (in dollars per share) $ 0.58 $ 0.54 $ 1.21 $ (1.43)
Weighted average number of common shares:        
Basic (in shares) 18,827,452 18,110,607 18,751,573 18,024,913
Diluted (in shares) 19,215,984 18,541,220 19,168,940 18,024,913
Comprehensive income (loss) $ 6,822 $ 11,793 $ 21,548 $ (20,918)