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Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Results (Unaudited) [Abstract]  
Quarterly Financial Information [Text Block]
Quarterly Results (Unaudited)
 
 
First Quarter 
 
Second Quarter   
 
Third Quarter
 
Fourth Quarter    
 
Total Year
 
(in thousands, except per common share and stock price data)
  2012
 
 
 
 
 
 
 
 
 
Statement of operations data:
 
 
 
 
 
 
 
 
 
Revenues
$
571,640

 
$
579,140

 
$
504,063

 
$
523,335

 
$
2,178,178

Gross profit
183,105

 
196,745

 
171,797

 
163,500

 
715,147

Net income (loss) attributable to Itron, Inc.
25,353

 
31,615

 
35,347

 
15,960

 
108,275

 
 
 
 
 
 
 
 
 
 
Earnings (loss) per common share - Basic
$
0.64

 
$
0.79

 
$
0.90

 
$
0.40

 
$
2.73

Earnings (loss) per common share - Diluted
$
0.63

 
$
0.79

 
$
0.89

 
$
0.40

 
$
2.71

 
 
 
 
 
 
 
 
 
 
Stock Price:
 
 
 
 
 
 
 
 
 
High
48.23

 
45.42

 
45.85

 
45.26

 
48.23

Low
36.60

 
33.50

 
38.28

 
38.71

 
33.50

 
 
 
 
 
 
 
 
 
 
  2011
 
 
 
 
 
 
 
 
 
Statement of operations data:
 
 
 
 
 
 
 
 
 
Revenues
$
563,691

 
$
612,401

 
$
615,555

 
$
642,477

 
$
2,434,124

Gross profit
184,978

 
191,951

 
176,996

 
192,533

 
746,458

Net income (loss) attributable to Itron, Inc.
27,120

 
34,436

 
(517,082
)
 
(54,631
)
 
(510,157
)
 
 
 
 
 
 
 
 
 
 
Earnings (loss) per common share - Basic
$
0.67

 
$
0.85

 
$
(12.70
)
 
$
(1.35
)
 
$
(12.56
)
Earnings (loss) per common share - Diluted
$
0.66

 
$
0.84

 
$
(12.70
)
 
$
(1.35
)
 
$
(12.56
)
 
 
 
 
 
 
 
 
 
 
Stock Price:
 
 
 
 
 
 
 
 
 
High
64.04

 
55.99

 
49.40

 
38.49

 
64.04

Low
51.12

 
46.68

 
29.50

 
27.52

 
27.52

 

During 2011, we incurred a goodwill impairment charge of $584.8 million. In addition, restructuring projects were approved to increase efficiency and lower our cost of manufacturing, for which we incurred costs of $1.7 million in 2012 and $68.1 million in 2011.