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Condensed Consolidated Statements of Income (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
Condensed Consolidated Statements of Income        
Net sales $ 132,715 $ 267,959 $ 409,171 $ 787,450
Cost of sales 82,831 143,025 232,765 396,204
Gross profit 49,884 124,934 176,406 391,246
Operating expenses (income):        
Selling, general and administrative 13,892 23,569 54,558 73,966
Research and development 25,775 26,404 72,991 69,927
Amortization 1,477 1,277 3,877 3,519
Restructuring 2,014   2,077  
Other, net (737) (199) (626) (228)
Total operating expenses 42,421 51,051 132,877 147,184
Operating income 7,463 73,883 43,529 244,062
Interest income (expense), net 176 244 708 (1,142)
Loss on extinguishment of debt       (3,349)
Income from continuing operations before income taxes 7,639 74,127 44,237 239,571
Income tax (benefit) provision (59) 21,510 9,066 72,657
Income from continuing operations 7,698 52,617 35,171 166,914
Discontinued operations:        
Income (loss) from discontinued operations before income taxes 5,396 (23,839) 6,534 (91,574)
Income tax provision (benefit) 1,341 (7,085) 1,722 (32,371)
Income (loss) from discontinued operations 4,055 (16,754) 4,812 (59,203)
Net income $ 11,753 $ 35,863 $ 39,983 $ 107,711
Basic:        
Continuing operations (in dollars per share) $ 0.20 $ 1.34 $ 0.92 $ 4.16
Discontinued operations (in dollars per share) $ 0.10 $ (0.43) $ 0.12 $ (1.48)
Income (in dollars per share) $ 0.30 $ 0.91 $ 1.04 $ 2.68
Diluted :        
Continuing operations (in dollars per share) $ 0.20 $ 1.31 $ 0.90 $ 3.98
Discontinued operations (in dollars per share) $ 0.10 $ (0.41) $ 0.13 $ (1.41)
Income (in dollars per share) $ 0.30 $ 0.90 $ 1.03 $ 2.57
Weighted average shares outstanding:        
Basic (in shares) 38,577 39,335 38,402 40,132
Diluted (in shares) 39,169 40,069 39,006 41,941