XML 39 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Selected Quarterly Information (Unaudited)
 12 Months Ended
Dec. 31, 2011
Selected Quarterly Information (Unaudited) [Abstract]  
Selected Quarterly Information (unaudited)

Note 13—Selected Quarterly Information (unaudited)

The following table presents reported net revenues, gross margin (net sales less cost of products sold), net income (loss) attributable to Ultralife—continuing operations, net income (loss) attributable to Ultralife—discontinued operations, net income (loss) attributable to Ultralife common share—continuing operations, basic and diluted, and net income (loss) attributable to Ultralife common share—discontinued operations, basic and diluted, for each quarter during the past two years:

 

      September 30,       September 30,       September 30,       September 30,       September 30,  
    Quarter ended        
    April 3,     July 3,     Oct 2,     Dec 31,     Full  

2011

   2011     2011     2011     2011     Year  

Revenues

   $ 28,456     $ 43,555     $ 36,006     $ 31,369     $ 139,386  

Gross profit

     4,538       11,797       9,639       9,419       35,393  

Net income (loss) attributable to Ultralife—continuing operations

     (4,033 )      2,578       1,388       1,689       1,622  

Net income (loss) attributable to Ultralife—discontinued operations

     (1,657 )      (2,139 )      —         94       (3,702 ) 

Net income (loss) attributable to Ultralife common shares—continuing operations—basic

     (0.23 )      0.15       0.08       0.10       0.09  

Net income (loss) attributable to Ultralife common shares—discontinued operations—basic

     (0.10 )      (0.12 )      0.00       0.00       (0.21 ) 

Net income (loss) attributable to Ultralife common shares—continuing operations—diluted

     (0.23 )      0.15       0.08       0.10       0.09  

Net income (loss) attributable to Ultralife common shares—discontinued operations—diluted

     (0.10 )      (0.12 )      0.00       0.00       (0.21 ) 

 

      September 30,       September 30,       September 30,       September 30,       September 30,  
    Quarter ended        
    March 28,     June 27,     Sept 26,     Dec 31,     Full  

2010

   2010     2010     2010     2010     Year  

Revenues

   $ 36,469     $ 33,647     $ 50,812     $ 45,891     $ 166,819  

Gross profit

     9,839       9,006       15,125       12,686       46,656  

Net income (loss) attributable to Ultralife—continuing operations

     1,232       583       5,992       3,391       11,198  

Net income (loss) attributable to Ultralife—discontinued operations

     (945 )      (563 )      (1,466 )      (14,403 )      (17,377 ) 

Net income (loss) attributable to Ultralife common shares—continuing operations—basic

     0.07       0.03       0.35       0.20       0.65  

Net income (loss) attributable to Ultralife common shares—discontinued operations—basic

     (0.05 )      (0.03 )      (0.09 )      (0.84 )      (1.01 ) 

Net income (loss) attributable to Ultralife common shares—continuing operations—diluted

     0.07       0.03       0.35       0.20       0.65  

Net income (loss) attributable to Ultralife common shares—discontinued operations—diluted

     (0.05 )      (0.03 )      (0.09 )      (0.83 )      (1.01 ) 

Our current monthly closing schedule is a 4/4/5 weekly-based cycle for each fiscal quarter, as opposed to a calendar month-based cycle for each fiscal quarter. Prior to January 1, 2011, we utilized a 5/4/4 weekly-based cycle for each fiscal quarter. While the actual dates for the quarter-ends will change slightly each year, we believe that there are not any material differences when making quarterly comparisons.

Quarterly and year-to-date computations of per share amounts are made independently; therefore, the sum of per share amounts for the quarters may not equal per share amounts for the year.