XML 48 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Sales and service revenue        
Product sales $ 87,172 $ 83,153 $ 163,656 $ 165,267
Service revenue 18,765 22,312 38,032 46,264
Net sales 105,937 105,465 201,688 211,531
Cost of sales and service revenue        
Cost of product sales 71,535 63,592 133,635 128,730
Cost of service revenue 15,268 20,032 31,458 40,906
Cost of sales 86,803 83,624 165,093 169,636
Gross profit 19,134 21,841 36,595 41,895
Selling, general and administrative expenses 13,810 14,098 27,154 28,079
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 0 (7,950) 0 (7,950)
Asset Impairment Charges 0 4,222 0 4,222
Restructuring expense 1,095 0 1,523 0
Income from operations 4,229 11,471 7,918 17,544
Other (expense) income:        
Interest expense (13,595) (4,044) (17,854) (8,157)
Other, net 168 (80) 280 400
Total other expense (13,427) (4,124) (17,574) (7,757)
(Loss) income before income taxes (9,198) 7,347 (9,656) 9,787
(Benefit) provision for income taxes (1,787) 2,683 (1,803) 3,286
Net (loss) income (7,411) 4,664 (7,853) 6,501
Other comprehensive income (expense):        
Change in foreign currency translation adjustment 50 (15) 94 (137)
Reclassification adjustment for losses on interest rate hedges included in net earnings, net of tax of $205, $0, $157 and $0 360 0 278 0
Unrealized gain/(loss) arising during period from interest rate hedges, net of tax of $0, $89, $0 and ($5) 0 151 0 (10)
Total comprehensive (loss) income $ (7,001) $ 4,800 $ (7,481) $ 6,354
Amounts per common share:        
Net (loss) income per common share $ (0.58) $ 0.37 $ (0.62) $ 0.52
Net (loss) income per common share assuming dilution $ (0.58) $ 0.37 $ (0.62) $ 0.51
Weighted average common shares (in shares) 12,709,014 12,612,389 12,686,541 12,597,381
Weighted average dilutive common shares outstanding (in shares) 12,709,014 12,720,372 12,686,541 12,697,947