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Selected Quarterly Financial Data (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Quarterly Financial Data [Line Items]                      
Net revenues $ 187,773 $ 186,407 $ 178,979 $ 170,744 $ 172,420 $ 167,627 $ 156,985 $ 145,372 $ 723,903 [1] $ 642,404 [1] $ 532,133 [1]
Cost of revenues 102,918 101,588 105,121 99,292 99,802 100,893 100,200 94,560 408,919 395,455 320,042
Gross profit 84,855 84,819 73,858 71,452 72,618 66,734 56,785 50,812 314,984 246,949 212,091
Selling, general and administrative expenses 28,131 29,036 18,931 26,946 19,638 36,679 27,781 24,623 103,044 108,721 91,556
Income from operations 56,724 55,783 54,927 44,506 52,980 30,055 29,004 26,189 211,940 138,228 120,535
Other income net 7,280 9,964 2,455 8,289 2,534 1,632 5,923 6,119 27,988 16,208 13,126
Income before income taxes 64,004 65,747 57,382 52,795 55,514 31,687 34,927 32,308 239,928 154,436 133,661
Income tax expense 14,077 [2] 14,265 [2] 13,993 [2] 12,050 [2] 11,554 [3] 5,480 [3] 7,287 [3] 7,259 [3] 54,385 [2] 31,580 [3] 20,068
Net income $ 49,927 $ 51,482 $ 43,389 $ 40,745 $ 43,960 $ 26,207 $ 27,640 $ 25,049 $ 185,543 $ 122,856 $ 113,593
Earnings per share, diluted $ 1.19 [4] $ 1.23 [4] $ 1.04 [4] $ 0.98 [4] $ 1.05 [4] $ 0.63 [4] $ 0.66 [4] $ 0.60 [4] $ 4.44 [4] $ 2.94 [4] $ 2.73
Weighted average shares outstanding, diluted 41,833 41,802 41,774 41,765 41,736 41,724 41,696 41,711 41,793 41,717 41,611
[1] Net revenues are attributed to regions based upon customer location.
[2] The tax rate for the year ended December 31, 2012 was impacted by a favorable adjustment of $0.24 million as a result of the Company's review of its global uncertain tax liabilities provided on the "more likely than not" concept and other tax positions, which is based on the completion of certain tax Appeals. Without the above, the effective tax rate for the year ended December 31, 2012 was 22.8%.
[3] The tax rate for the year ended December 31, 2011 was impacted by a favorable adjustment of $3.5 million as a result of the Company's review of its global uncertain tax liabilities provided on the "more likely than not" concept and other tax positions, which are based on the expiration of the statute of limitations related to certain global tax contingencies and the completion of certain tax audits. Out of the above, $3.2 million was reversed during the fourth quarter and $0.9 million was reversed during the second quarter, offset by the charge of $0.6 million during the year; amounting to $0.3 million, $0.0 million and $0.3 million, for the first, second and third quarter, respectively. The Company also reversed during the third quarter, $1.2 million based on the reconciliation of actual tax liability as per the tax returns and the tax provision as per the books. Further, a $0.6 million reversal of tax reserve was recorded during the third quarter, which had arisen on account of the reversal of a valuation allowance, created in the past, against deferred tax assets recognized on the allowance of doubtful accounts. During the fourth quarter ended December 31, 2011, the Company reviewed the filing requirements for certain U.S. State Income Tax returns. The Company updated the profit apportion method in those certain States. Accordingly, the Company provided $1.3 million, out of which $0.8 million relates to the prior years.
[4] Earnings per share for the quarter are computed independently and may not equal the earnings per share computed for the total year.