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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues $ 482,175 $ 579,140 $ 929,711 $ 1,150,780
Cost of revenues 322,587 382,395 630,000 770,930
Gross profit 159,588 196,745 299,711 379,850
Operating expenses        
Sales and marketing 46,182 50,847 94,398 100,703
Product development 43,481 46,640 87,689 90,996
General and administrative 38,317 33,450 71,912 70,020
Amortization of intangible assets 10,247 12,025 20,991 23,938
Restructuring expense 3,385 7,720 4,398 8,509
Total operating expenses 141,612 150,682 279,388 294,166
Operating income 17,976 46,063 20,323 85,684
Other income (expense)        
Interest income 194 177 1,255 370
Interest expense (2,336) (2,606) (4,674) (5,043)
Other income (expense), net (1,742) (779) (2,559) (2,955)
Total other income (expense) (3,884) (3,208) (5,978) (7,628)
Income before income taxes 14,092 42,855 14,345 78,056
Income tax benefit (provision) (1,896) (10,564) 1,347 (20,193)
Net income 12,196 32,291 15,692 57,863
Net income (loss) attributable to noncontrolling interests (203) 676 723 895
Net income attributable to Itron, Inc. $ 12,399 $ 31,615 $ 14,969 $ 56,968
Earnings per common share - Basic (in dollars per share) $ 0.31 $ 0.79 $ 0.38 $ 1.43
Earnings per common share - Diluted (in dollars per share) $ 0.31 $ 0.79 $ 0.38 $ 1.42
Weighted average common shares outstanding - Basic (in shares) 39,431 39,887 39,426 39,900
Weighted average common shares outstanding - Diluted (in shares) 39,678 40,126 39,724 40,170