XML 52 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 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net sales $ 114,752 $ 117,306 $ 350,286 $ 347,036
Cost of sales 22,373 23,854 67,989 69,380
Gross profit 92,379 93,452 282,297 277,656
Operating expenses        
Sales and marketing 49,298 49,358 148,629 146,757
General and administrative 13,849 13,976 42,715 50,105
Research and development 6,858 5,982 23,160 17,655
Amortization of intangible assets 515 537 1,575 1,641
Charges related to U.S. Government resolutions (Note 16) 326   1,689 46,000
Total operating expenses 70,846 69,853 217,768 262,158
Operating income 21,533 23,599 64,529 15,498
Other income and expense        
Interest expense, net (465) (2,267) (3,950) (6,880)
Other expense (1,020) (399) (992) (1,850)
Total other income (expense) (1,485) (2,666) (4,942) (8,730)
Income before income taxes 20,048 20,933 59,587 6,768
Income tax expense (6,930) (7,982) (20,286) (20,038)
Net income (loss) from continuing operations, net of tax 13,118 12,951 39,301 (13,270)
Discontinued operations (Note 15)        
Gain on sale of Breg, Inc., net of tax 221   1,261  
Income (loss) from discontinued operations (9,046) (553) (15,398) 123
Income tax benefit (expense) 3,267 (20) 5,617 (318)
Net loss from discontinued operations, net of tax (5,558) (573) (8,520) (195)
Net income (loss) 7,560 12,378 30,781 (13,465)
Net income (loss) per common share- basic:        
Net income (loss) from continuing operations, net of tax $ 0.69 $ 0.70 $ 2.08 $ (0.73)
Net loss from discontinued operations, net of tax $ (0.29) $ (0.03) $ (0.45) $ (0.01)
Net income (loss) per common share- basic $ 0.40 $ 0.67 $ 1.63 $ (0.74)
Net income (loss) per common share- diluted:        
Net income (loss) from continuing operations, net of tax $ 0.67 $ 0.69 $ 2.04 $ (0.73)
Net loss from discontinued operations, net of tax $ (0.28) $ (0.03) $ (0.45) $ (0.01)
Net income (loss) per common share- diluted: $ 0.39 $ 0.66 $ 1.59 $ (0.74)
Weighted average number of common shares:        
Basic 19,078,590 18,384,451 18,861,374 18,146,076
Diluted 19,533,021 18,850,625 19,300,263 18,146,076
Comprehensive income (loss) $ 9,067 $ 5,664 $ 30,615 $ (15,254)