XML 31 R8.htm IDEA: XBRL DOCUMENT
v2.4.0.6

RESTATEMENT OF FINANCIAL STATEMENTS: | 3 Months Ended
--- | ---
Sep. 30, 2012
RESTATEMENT OF FINANCIAL STATEMENTS: |
RESTATEMENT OF FINANCIAL STATEMENTS: | 2. RESTATEMENT OF FINANCIAL STATEMENTS: Subsequent to September 30, 2012, the Company determined that the $24.0 million foreign currency gain recognized during the quarter ended September 30, 2012 was understated by $9.9 million as the actual net gain was $33.8 million. As a result, the Company has restated its interim Condensed Consolidated Financial Statements for the three months ended September 30, 2012 to correct the error. The following table presents the impact of the restatement adjustment on the Company’s Condensed Consolidated Balance Sheet as of September 30, 2012:
|  | September 30, 2012 |
|  | As Previously Reported |  | Effect of Restatement |  | Restated |
|  | (Dollars in thousands) |
Accumulated other comprehensive income |  | $ | 38,173 |  | $ | (9,886 | ) | $ | 28,287 |
Retained earnings |  | 509,255 |  | 9,886 |  | 519,141 |
The following table presents the impact of the restatement adjustment on the Company’s Condensed Consolidated Statement of Operations for the three months ended September 30, 2012:
|  | For the Three Months Ended, September 30, 2012 |
|  | As Previously Reported |  | Effect of Restatement |  | Restated |
|  | (Dollars in thousands, except per share data amounts) |
Interest income and other, net |  | $ | 24,726 |  | $ | 9,886 |  | $ | 34,612 |
Income from continuing operations before income taxes and equity in income of affiliated companies |  | 27,170 |  | 9,886 |  | 37,056 |
Income from continuing operations |  | 24,761 |  | 9,886 |  | 34,647 |
Net income |  | 28,538 |  | 9,886 |  | 38,424 |
Net income per share: |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |
Income from continuing operations |  | 0.43 |  | 0.17 |  | 0.60 |
Net income per share, basic |  | 0.50 |  | 0.17 |  | 0.67 |
Diluted: |  |  |  |  |  |  |
Income from continuing operations |  | 0.39 |  | 0.14 |  | 0.54 | (1)
Net income per share, diluted |  | 0.45 |  | 0.14 |  | 0.59 |
(1) Total is a recalculation; line items calculated individually may not sum to total due to rounding. The following table presents the impact of the restatement adjustment on the Company’s Condensed Consolidated Statement of Comprehensive Income for the three months ended September 30, 2012:
|  | For the Three Months Ended, September 30, 2012 |
|  | As Previously Reported |  | Effect of Restatement |  | Restated |
|  | (Dollars in thousands) |
Net income |  | $ | 28,538 |  | $ | 9,886 |  | $ | 38,424 |
Reclassifications associated with liquidation of foreign entities |  | (23,956 | ) | (9,886 | ) | (33,842 | )
Other comprehensive loss |  | (16,941 | ) | (9,886 | ) | (26,827 | )
The restatement adjustments did not impact the total net cash flows from operating, financing, or investing activities in the Condensed Consolidated Statement of Cash Flows for the three months ended September 30, 2012.

X
- Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22499-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 1.N.Q3) -URI http://asc.fasb.org/extlink&oid=6369664&loc=d3e30840-122693 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22644-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 1 -Section N Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=6368906&loc=d3e21914-107793 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22595-107794 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 154 -Paragraph 17, 22, 25, 26 -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. + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration