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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 30, 2012
Apr. 01, 2011
Sales $ 78,807 $ 91,858
Cost of goods sold 46,035 51,964
Gross profit 32,772 39,894
Operating expenses:    
Research and development and engineering 7,435 8,171
Selling, general and administrative 18,957 19,268
Amortization of purchased intangible assets 662 992
Restructuring, restatement related costs and other 2,667 183
Post-emergence professional fees   139
Total operating expenses 29,721 28,753
Income from operations 3,051 11,141
Interest income 21 20
Interest expense (828) (3,670)
Foreign exchange transaction losses, net (790) (692)
Other income (expense), net 188 1,030
Income from operations before income taxes 1,642 7,829
Income tax provision 243 1,567
Consolidated net income 1,399 6,262
Less: Net income attributable to noncontrolling interest (18) (55)
Net income attributable to GSI Group Inc. $ 1,381 $ 6,207
Earnings per common share attributable to GSI Group Inc.:    
Basic $ 0.04 $ 0.19
Diluted $ 0.04 $ 0.19
Weighted average common shares outstanding-basic 33,679 33,449
Weighted average common shares outstanding-diluted 33,878 33,532