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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues $ 2,434,124 $ 2,259,271 $ 1,687,447
Cost of revenues 1,687,666 1,558,596 1,147,484
Gross profit 746,458 700,675 539,963
Sales and marketing 185,105 171,035 151,783
Product development 161,305 139,166 121,032
General and administrative 142,908 137,226 123,548
Amortization of intangible assets 63,394 69,051 98,573
Restructuring expense 68,082 0 0
Goodwill impairment 584,847 0 0
Total operating expenses 1,205,641 516,478 494,936
Operating income (loss) (459,183) 184,197 45,027
Interest income 862 592 1,186
Interest expense (36,794) (54,904) (70,311)
Loss on extinguishement of debt, net 0 0 (12,800)
Other income (expense), net (6,651) (5,440) (10,377)
Total other income (expense) (42,583) (59,752) (92,302)
Income (loss) before income taxes (501,766) 124,445 (47,275)
Income tax (provision) benefit (4,430) (15,974) 43,825
Net income (loss) (506,196) 108,471 (3,450)
Net Income (loss) 3,961 3,701 (1,201)
Net income (loss) attributable to Itron, Inc. $ (510,157) $ 104,770 $ (2,249)
Earnings (loss) per common share - Basic $ (12.56) $ 2.60 $ (0.06)
Earnings (loss) per common share - Diluted $ (12.56) $ 2.56 $ (0.06)
Weighted average common shares outstanding - Basic 40,612 40,337 38,539
Weighted average common shares outstanding - Diluted 40,612 40,947 38,539