| Years Ended December 31, | ||||||||||||||||||||
| 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||||
| (In thousands) | ||||||||||||||||||||
Operating Data |
||||||||||||||||||||
Revenue |
$ | 766,645 | $ | 850,617 | $ | 833,734 | $ | 668,667 | $ | 639,402 | ||||||||||
Expenses: |
||||||||||||||||||||
Cost of revenue |
525,047 | 531,230 | 543,502 | 429,302 | 398,704 | |||||||||||||||
Selling and administrative |
208,374 | 242,118 | 224,011 | 187,151 | 193,195 | |||||||||||||||
Depreciation |
28,491 | 27,205 | 25,397 | 25,646 | 25,372 | |||||||||||||||
Amortization |
4,606 | 1,638 | 534 | | | |||||||||||||||
Restructuring charges, integration costs and asset
impairment charges |
39,329 | 17,001 | 14,159 | 10,410 | 7,738 | |||||||||||||||
Gain on sale of building |
| | | | 896 | |||||||||||||||
Purchased in-process research and development |
| | 958 | | | |||||||||||||||
Operating (loss) income |
(39,202 | ) | 31,425 | 25,173 | 16,158 | 15,289 | ||||||||||||||
Interest expense |
(8,495 | ) | (8,320 | ) | (8,046 | ) | (7,434 | ) | (12,452 | ) | ||||||||||
Loss on extinguishment of debt |
| | | | (8,815 | ) | ||||||||||||||
Loss on sale of marketable securities |
| | | (7,890 | ) | | ||||||||||||||
Gain on sale of equity investment |
| 9,210 | | | | |||||||||||||||
Other income (expense), net |
5,561 | 1,127 | 3,340 | 1,537 | (39 | ) | ||||||||||||||
(Loss) income from continuing operations before income taxes |
(42,136 | ) | 33,442 | 20,467 | 2,371 | (6,017 | ) | |||||||||||||
Income tax benefit (expense) |
11,728 | (7,890 | ) | (9,811 | ) | (3,623 | ) | 796 | ||||||||||||
(Loss) income from continuing operations |
$ | (30,408 | ) | $ | 25,552 | $ | 10,656 | $ | (1,252 | ) | $ | (5,221 | ) | |||||||
| Years Ended December 31, | ||||||||||||||||||||
| 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||||
| (In thousands, except per share data and current ratio) | ||||||||||||||||||||
Balance Sheet Data |
||||||||||||||||||||
Current assets |
$ | 202,453 | $ | 310,222 | $ | 298,291 | $ | 369,995 | $ | 308,299 | ||||||||||
Current liabilities |
$ | 109,884 | $ | 198,385 | $ | 128,527 | $ | 139,100 | $ | 157,387 | ||||||||||
Working capital |
$ | 92,569 | $ | 111,837 | $ | 169,764 | $ | 230,895 | $ | 150,912 | ||||||||||
Current ratio |
1.84:1 | 1.56:1 | 2.32:1 | 2.66:1 | 1.96:1 | |||||||||||||||
Plant and equipment, net |
$ | 130,149 | $ | 121,848 | $ | 132,784 | $ | 106,944 | $ | 93,997 | ||||||||||
Total assets |
$ | 480,749 | $ | 508,002 | $ | 513,055 | $ | 559,255 | $ | 656,249 | ||||||||||
Total debt |
$ | 89,194 | $ | 74,870 | $ | 71,073 | $ | 66,115 | $ | 62,395 | ||||||||||
Stockholders equity |
$ | 186,583 | $ | 251,952 | $ | 238,483 | $ | 315,085 | $ | 384,861 | ||||||||||
Per Share Data |
||||||||||||||||||||
(Loss) earnings per share from continuing operations: |
||||||||||||||||||||
Basic |
$ | (1.11 | ) | $ | 0.91 | $ | 0.34 | $ | (0.04 | ) | $ | (0.15 | ) | |||||||
Diluted |
$ | (1.11 | ) | $ | 0.88 | $ | 0.34 | $ | (0.04 | ) | $ | (0.15 | ) | |||||||
Dividends |
$ | 0.22 | $ | 0.22 | $ | 0.22 | $ | 0.22 | $ | 0.22 | ||||||||||
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