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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2011 | Sep. 30, 2010 | Sep. 30, 2011 | Sep. 30, 2010
NET SALES | $ 336,433 | $ 170,848 | $ 845,512 | $ 398,822
COST OF SALES | 323,113 | 164,381 | 799,451 | 388,030
Gross profit | 13,320 | 6,467 | 46,061 | 10,792
GENERAL AND ADMINISTRATIVE EXPENSES | 7,895 | 8,019 | 25,365 | 24,249
SELLING EXPENSES | 3,155 | 2,654 | 9,300 | 7,696
Income (Loss) from operations | 2,270 | (4,206) | 11,396 | (21,153)
OTHER INCOME (EXPENSE): |  |  |  |
Decrease (Increase) in fair value of warrant |  | 3,265 |  | (121,587)
Interest expense | (1,108) | (1,023) | (3,181) | (3,048)
Loss on debt extinguishment |  |  | (668) |
Other, net | 24 | 38 | 191 | (732)
Income (Loss) before income taxes | 1,186 | (1,926) | 7,738 | (146,520)
INCOME TAX EXPENSE | 94 | 12 | 147 | 99
Net income (loss) | 1,092 | (1,938) | 7,591 | (146,619)
PREFERRED STOCK DIVIDENDS AND EARLY EXTINGUISHMENT |  |  |  | 25,454
NET INCOME (LOSS) APPLICABLE TO COMMON STOCKHOLDERS | 1,092 | (1,938) | 7,591 | (172,073)
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE | $ 0.02 | $ (0.03) | $ 0.11 | $ (3.93)
NET COMPREHENSIVE INCOME (LOSS) | $ 1,092 | $ (1,938) | $ 7,591 | $ (146,619)

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- Definition The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e540-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 30 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A5 -Appendix A Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 8, 9, 10, 11, 12, 13, 14 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Comprehensive Income -URI http://asc.fasb.org/extlink&oid=6508144 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Net Income -URI http://asc.fasb.org/extlink&oid=6518256 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e557-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Other Comprehensive Income -URI http://asc.fasb.org/extlink&oid=6519514 + Details
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