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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2012
Sep. 30, 2011
Sep. 28, 2012
Sep. 30, 2011
Sales $ 69,520 $ 78,704 $ 205,085 $ 238,816
Cost of goods sold 40,667 44,119 117,884 133,489
Gross profit 28,853 34,585 87,201 105,327
Operating expenses:        
Research and development and engineering 5,545 6,183 16,933 17,942
Selling, general and administrative 16,125 16,627 49,174 52,037
Amortization of purchased intangible assets 663 874 1,988 2,853
Restructuring, restatement related costs and other 2,728 14 7,396 136
Post-emergence professional fees   63   296
Total operating expenses 25,061 23,761 75,491 73,264
Income from operations 3,792 10,824 11,710 32,063
Interest expense, net (656) (3,254) (2,143) (10,303)
Foreign exchange transaction gains (losses), net (685) 731 (957) (79)
Other income (expense), net 167 (123) 399 1,261
Income from continuing operations before income taxes 2,618 8,178 9,009 22,942
Income tax provision 563 851 1,410 3,870
Income from continuing operations 2,055 7,327 7,599 19,072
Income (loss) from discontinued operations, net of tax (4,570) 1,489 (3,834) 6,081
Consolidated net income (loss) (2,515) 8,816 3,765 25,153
Less: Net (income) loss attributable to noncontrolling interest (19) 29 (45) (35)
Net income (loss) attributable to GSI Group Inc. $ (2,534) $ 8,845 $ 3,720 $ 25,118
Earnings per common share from continuing operations:        
Basic $ 0.06 $ 0.22 $ 0.23 $ 0.57
Diluted $ 0.06 $ 0.22 $ 0.22 $ 0.57
Earnings (Loss) per common share from discontinued operations:        
Basic $ (0.14) $ 0.04 $ (0.11) $ 0.18
Diluted $ (0.14) $ 0.04 $ (0.11) $ 0.18
Earnings (Loss) per common share attributable to GSI Group Inc.:        
Basic $ (0.07) $ 0.26 $ 0.11 $ 0.75
Diluted $ (0.07) $ 0.26 $ 0.11 $ 0.75
Weighted average common shares outstanding-basic 33,803 33,489 33,755 33,472
Weighted average common shares outstanding-diluted 33,912 33,588 33,914 33,572