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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue    
Products$ 24,335$ 29,064$ 48,100$ 78,458
Services28,64728,56694,00496,176
Total revenue52,98257,630142,104174,634
Costs and expenses    
Cost of sales - Products17,90621,87736,86365,534
Cost of sales - Services23,37920,49570,32474,186
Total costs and expenses41,28542,372107,187139,720
Selling, general and administrative expenses9,0358,70824,84024,181
Operating income2,6626,55010,07710,733
Other income (expense)    
Other income40110320150
Interest expense(1,655)(1,505)(4,575)(4,725)
Income before income taxes1,0475,1555,8226,158
Income tax benefit (provision) (Note 8)137(3,060)(2,170)(3,557)
Net income1,1842,0953,6522,601
Less: Net income attributable to non-controlling interest (Note 2)(1,100)(459)(1,672)(747)
Net income attributable to Telos Corporation$ 84$ 1,636$ 1,980$ 1,854