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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues $ 2,178,178 $ 2,434,124 $ 2,259,271
Cost of revenues 1,463,031 1,687,666 1,558,596
Gross profit 715,147 746,458 700,675
Sales and marketing 197,603 185,105 171,035
Product development 178,653 161,305 139,166
General and administrative 138,290 142,908 137,226
Amortization of intangible assets 47,810 63,394 69,051
Restructuring expense 1,665 68,082 0
Goodwill impairment 0 584,847 0
Total operating expenses 564,021 1,205,641 516,478
Operating income (loss) 151,126 (459,183) 184,197
Interest income 952 862 592
Interest expense (10,115) (36,794) (54,904)
Other income (expense), net (5,744) (6,651) (5,440)
Total other income (expense) (14,907) (42,583) (59,752)
Income (loss) before income taxes 136,219 (501,766) 124,445
Income tax provision (25,995) (4,430) (15,974)
Net income (loss) 110,224 (506,196) 108,471
Net income attributable to noncontrolling interests 1,949 3,961 3,701
Net income (loss) attributable to Itron, Inc. $ 108,275 $ (510,157) $ 104,770
Earnings (loss) per common share - Basic $ 2.73 $ (12.56) $ 2.60
Earnings (loss) per common share - Diluted $ 2.71 $ (12.56) $ 2.56
Weighted average common shares outstanding - Basic 39,625 40,612 40,337
Weighted average common shares outstanding - Diluted 39,934 40,612 40,947