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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues $ 495,491 $ 504,063 $ 1,425,202 $ 1,654,843
Cost of revenues 345,407 332,266 975,407 1,103,196
Gross profit 150,084 171,797 449,795 551,647
Operating expenses        
Sales and marketing 44,050 44,913 138,448 145,616
Product development 41,495 43,299 129,184 134,295
General and administrative 32,260 30,743 104,172 100,763
Amortization of intangible assets 10,388 11,929 31,379 35,867
Restructuring expense 28,379 (5,054) 32,777 3,455
Total operating expenses 156,572 125,830 435,960 419,996
Operating income (loss) (6,488) 45,967 13,835 131,651
Other income (expense)        
Interest income 146 297 1,401 667
Interest expense (2,847) (2,551) (7,521) (7,594)
Other income (expense), net (158) (1,269) (2,717) (4,224)
Total other income (expense) (2,859) (3,523) (8,837) (11,151)
Income (loss) before income taxes (9,347) 42,444 4,998 120,500
Income tax benefit (provision) 2,589 (6,547) 3,936 (26,740)
Net income (loss) (6,758) 35,897 8,934 93,760
Net income attributable to noncontrolling interests 590 550 1,313 1,445
Net income (loss) attributable to Itron, Inc. $ (7,348) $ 35,347 $ 7,621 $ 92,315
Earnings (loss) per common share - Basic $ (0.19) $ 0.90 $ 0.19 $ 2.32
Earnings (loss) per common share - Diluted $ (0.19) $ 0.89 $ 0.19 $ 2.31
Weighted average common shares outstanding - Basic 39,127 39,472 39,325 39,756
Weighted average common shares outstanding - Diluted 39,127 39,791 39,623 40,042