Quarterly Results Of Operations

12 Months Ended

Dec. 31, 2011

Quarterly Results Of Operations[Abstract]

Quarterly Results Of Operations

Note 16 - Quarterly results of operations (unaudited):

	Quarter ended
	March 31			June 30		Sept. 30			Dec. 31
	(In millions, except per share amounts)
2010:
Net sales	$	32.8		$	34.4	$	35.7		$	32.3
Gross profit		9.1			8.9		9.7			8.3
Operating income		1.7			2.9		3.1	(b)		1.5
Net income (loss)		(1.0	)(a)		1.7		1.7			0.6
Basic and diluted earnings (loss) per share	$	(.08	)	$	.14	$	.13		$	.05
2011:
Net sales	$	34.8		$	35.2	$	35.7		$	33.1
Gross profit		8.7			9.8		8.5			8.1
Operating income		8.8	(c)		3.1		1.5	(b)		2.1
Net income		4.0	(c)		1.6		1.1			1.0
Basic and diluted earnings per share	$	.32		$	.13	$	.09		$	.08

The sum of the quarterly per share amounts may not equal the annual per share amounts due to relative changes in the weighted-average number of shares used in the per share computations.

(a) Includes a $1.9 million provision for deferred income taxes on pre-2005 undistributed earnings of our Taiwanese subsidiary. See Note 7 to our Consolidated Financial Statements.

(b) Includes a $500,000 and a $1.1 million write-down on assets held for sale in the third quarters of 2010 and 2011, respectively.

(c) We recorded a patent litigation settlement gain of $7.5 million ($3.4 million net of income taxes) in the first quarter of 2011. See Note 13.