XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Statements of Income        
Revenues $ 52,087 $ 51,751 $ 155,394 $ 153,173
Operating expenses:        
Cost of revenues 32,461 34,125 99,991 103,242
Selling, general and administrative expenses 13,242 12,417 38,575 37,144
Depreciation of property and equipment 1,716 1,464 4,808 3,859
Amortization of intangible assets 1,431 1,277 5,217 3,527
Total operating expenses 48,850 49,283 148,591 147,772
Operating income 3,237 2,468 6,803 5,401
Foreign currency transaction (gains) losses on short-term intercompany balances (348) 1,055 (190) 176
Interest expense, net 515 398 1,548 1,223
Earnings before income taxes 3,070 1,015 5,445 4,002
Income tax expense 505 593 1,586 2,498
Net earnings 2,565 422 3,859 1,504
Basic earnings per common share (Note B) $ 0.10 $ 0.02 $ 0.15 $ 0.06
Diluted earnings per common share (Note B) $ 0.10 $ 0.02 $ 0.15 $ 0.06
Weighted-average common shares outstanding (Note B):        
Basic 25,541 24,744 25,370 24,510
Diluted 26,250 25,213 25,942 24,901
Statements of Comprehensive Income (Loss)        
Net earnings 2,565 422 3,859 1,504
Foreign currency translation adjustments 136 (636) 430 (615)
Comprehensive income (loss) $ 2,701 $ (214) $ 4,289 $ 889