XML 21 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue        
Services $ 29,228 $ 35,810 $ 81,055 $ 104,847
Products 9,279 13,469 16,605 47,223
Total Revenue 38,507 49,279 97,660 152,070
Costs and expenses        
Cost of sales - Services 24,067 28,421 64,928 82,979
Cost of sales - Products 6,936 12,059 13,389 43,390
Total costs and expenses 31,003 40,480 78,317 126,369
Selling, general and administrative expenses 9,743 7,716 29,416 24,641
Operating (loss) income (2,239) 1,083 (10,073) 1,060
Other income (expense)        
Other income 1 7 258 233
Interest expense (1,373) (1,381) (3,965) (4,154)
Loss before income taxes (3,611) (291) (13,780) (2,861)
Benefit for income taxes (Note 7) 3,337 4,397 4,202 7,381
Net (loss) income (274) 4,106 (9,578) 4,520
Less: Net income attributable to non-controlling interest (Note 2) (500) (400) (1,101) (1,360)
Net (loss) income attributable to Telos Corporation $ (774) $ 3,706 $ (10,679) $ 3,160