XML 89 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2014
Mar. 31, 2013
Jun. 30, 2014
Jun. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Consolidated Statements Of Operations [Abstract]                              
Service revenues   $ 31,800us-gaap_SalesRevenueServicesNet $ 32,870us-gaap_SalesRevenueServicesNet $ 31,745us-gaap_SalesRevenueServicesNet   $ 31,538us-gaap_SalesRevenueServicesNet $ 32,480us-gaap_SalesRevenueServicesNet $ 31,416us-gaap_SalesRevenueServicesNet         $ 127,698us-gaap_SalesRevenueServicesNet $ 126,528us-gaap_SalesRevenueServicesNet $ 124,800us-gaap_SalesRevenueServicesNet
Product revenues   4,068us-gaap_SalesRevenueGoodsNet 6,184us-gaap_SalesRevenueGoodsNet 6,402us-gaap_SalesRevenueGoodsNet   4,768us-gaap_SalesRevenueGoodsNet 4,602us-gaap_SalesRevenueGoodsNet 5,384us-gaap_SalesRevenueGoodsNet         27,364us-gaap_SalesRevenueGoodsNet 23,162us-gaap_SalesRevenueGoodsNet 27,302us-gaap_SalesRevenueGoodsNet
Net revenues 41,993us-gaap_Revenues 35,868us-gaap_Revenues 39,054us-gaap_Revenues 38,147us-gaap_Revenues 39,502us-gaap_Revenues 36,306us-gaap_Revenues 37,082us-gaap_Revenues 36,800us-gaap_Revenues         155,062us-gaap_Revenues 149,690us-gaap_Revenues 152,102us-gaap_Revenues
Costs and expenses:                              
Service costs   16,109us-gaap_CostOfServices 15,155us-gaap_CostOfServices 15,010us-gaap_CostOfServices   15,492us-gaap_CostOfServices 14,881us-gaap_CostOfServices 14,326us-gaap_CostOfServices         61,649us-gaap_CostOfServices 59,931us-gaap_CostOfServices 53,619us-gaap_CostOfServices
Product costs   1,821us-gaap_CostOfGoodsSold 3,177us-gaap_CostOfGoodsSold 3,375us-gaap_CostOfGoodsSold   2,264us-gaap_CostOfGoodsSold 2,213us-gaap_CostOfGoodsSold 2,368us-gaap_CostOfGoodsSold         12,506us-gaap_CostOfGoodsSold 11,163us-gaap_CostOfGoodsSold 11,816us-gaap_CostOfGoodsSold
Total cost of sales   17,930us-gaap_CostOfRevenue 18,332us-gaap_CostOfRevenue 18,385us-gaap_CostOfRevenue   17,756us-gaap_CostOfRevenue 17,094us-gaap_CostOfRevenue 16,694us-gaap_CostOfRevenue         74,155us-gaap_CostOfRevenue 71,094us-gaap_CostOfRevenue 65,435us-gaap_CostOfRevenue
Gross profit 22,485us-gaap_GrossProfit 17,938us-gaap_GrossProfit 20,722us-gaap_GrossProfit 19,762us-gaap_GrossProfit 19,952us-gaap_GrossProfit 18,550us-gaap_GrossProfit 19,988us-gaap_GrossProfit 20,106us-gaap_GrossProfit         80,907us-gaap_GrossProfit 78,596us-gaap_GrossProfit 86,667us-gaap_GrossProfit
Selling, general, and administrative   13,819us-gaap_OperatingExpenses 13,750us-gaap_OperatingExpenses 14,226us-gaap_OperatingExpenses   12,615us-gaap_OperatingExpenses 12,643us-gaap_OperatingExpenses 13,592us-gaap_OperatingExpenses         54,904us-gaap_OperatingExpenses 51,115us-gaap_OperatingExpenses 51,218us-gaap_OperatingExpenses
Goodwill and intangible asset impairment charge   62,188us-gaap_GoodwillAndIntangibleAssetImpairment       22,700us-gaap_GoodwillAndIntangibleAssetImpairment         62,188us-gaap_GoodwillAndIntangibleAssetImpairment 22,700us-gaap_GoodwillAndIntangibleAssetImpairment 62,188us-gaap_GoodwillAndIntangibleAssetImpairment 22,700us-gaap_GoodwillAndIntangibleAssetImpairment  
Acquisition, reorganization and nonrecurring costs   1,558us-gaap_BusinessCombinationAcquisitionRelatedCosts 109us-gaap_BusinessCombinationAcquisitionRelatedCosts 111us-gaap_BusinessCombinationAcquisitionRelatedCosts   142us-gaap_BusinessCombinationAcquisitionRelatedCosts 300us-gaap_BusinessCombinationAcquisitionRelatedCosts           3,802us-gaap_BusinessCombinationAcquisitionRelatedCosts 1,392us-gaap_BusinessCombinationAcquisitionRelatedCosts 4,299us-gaap_BusinessCombinationAcquisitionRelatedCosts
Abandonment charges                             3,443us-gaap_AssetImpairmentCharges
Operating (loss) income 7,352us-gaap_OperatingIncomeLoss [1] (59,627)us-gaap_OperatingIncomeLoss [1] 6,863us-gaap_OperatingIncomeLoss [1] 5,425us-gaap_OperatingIncomeLoss [1] 6,737us-gaap_OperatingIncomeLoss [1] (16,907)us-gaap_OperatingIncomeLoss [1] 7,045us-gaap_OperatingIncomeLoss [1] 6,514us-gaap_OperatingIncomeLoss [1]         (39,987)us-gaap_OperatingIncomeLoss [1] 3,389us-gaap_OperatingIncomeLoss [1] 27,707us-gaap_OperatingIncomeLoss
Equity in income of joint ventures   256us-gaap_IncomeLossFromEquityMethodInvestments 535us-gaap_IncomeLossFromEquityMethodInvestments 1,281us-gaap_IncomeLossFromEquityMethodInvestments   12us-gaap_IncomeLossFromEquityMethodInvestments 143us-gaap_IncomeLossFromEquityMethodInvestments 1,057us-gaap_IncomeLossFromEquityMethodInvestments         2,939us-gaap_IncomeLossFromEquityMethodInvestments 3,251us-gaap_IncomeLossFromEquityMethodInvestments 3,103us-gaap_IncomeLossFromEquityMethodInvestments
Interest expense, net   (867)us-gaap_InterestIncomeExpenseNet (1,014)us-gaap_InterestIncomeExpenseNet (937)us-gaap_InterestIncomeExpenseNet   (1,185)us-gaap_InterestIncomeExpenseNet (1,107)us-gaap_InterestIncomeExpenseNet (1,065)us-gaap_InterestIncomeExpenseNet         (3,424)us-gaap_InterestIncomeExpenseNet (4,311)us-gaap_InterestIncomeExpenseNet (3,435)us-gaap_InterestIncomeExpenseNet
Other (expense) income, net   (21)us-gaap_OtherNonoperatingIncomeExpense 5us-gaap_OtherNonoperatingIncomeExpense 159us-gaap_OtherNonoperatingIncomeExpense   113us-gaap_OtherNonoperatingIncomeExpense 224us-gaap_OtherNonoperatingIncomeExpense 168us-gaap_OtherNonoperatingIncomeExpense         (26)us-gaap_OtherNonoperatingIncomeExpense 747us-gaap_OtherNonoperatingIncomeExpense 205us-gaap_OtherNonoperatingIncomeExpense
Income (loss) before taxes   (60,259)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 6,389us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 5,928us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest   (17,967)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 6,305us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 6,674us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest         (40,498)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 3,076us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 27,580us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax (benefit) expense   (24,225)us-gaap_IncomeTaxExpenseBenefit 1,913us-gaap_IncomeTaxExpenseBenefit 1,899us-gaap_IncomeTaxExpenseBenefit   (4,449)us-gaap_IncomeTaxExpenseBenefit 1,799us-gaap_IncomeTaxExpenseBenefit 2,244us-gaap_IncomeTaxExpenseBenefit         (15,800)us-gaap_IncomeTaxExpenseBenefit (560)us-gaap_IncomeTaxExpenseBenefit 8,206us-gaap_IncomeTaxExpenseBenefit
Net (loss) income   (36,034)us-gaap_ProfitLoss 4,476us-gaap_ProfitLoss 4,029us-gaap_ProfitLoss   (13,518)us-gaap_ProfitLoss 4,506us-gaap_ProfitLoss 4,430us-gaap_ProfitLoss 8,505us-gaap_ProfitLoss 8,936us-gaap_ProfitLoss (27,529)us-gaap_ProfitLoss (4,582)us-gaap_ProfitLoss (24,698)us-gaap_ProfitLoss 3,636us-gaap_ProfitLoss 19,374us-gaap_ProfitLoss
Less: Net income attributed to noncontrolling interest   301us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (38)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 208us-gaap_NetIncomeLossAttributableToNoncontrollingInterest   145us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 76us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 173us-gaap_NetIncomeLossAttributableToNoncontrollingInterest         505us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 854us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 828us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net (loss) income attributed to Landauer, Inc. $ 2,797us-gaap_NetIncomeLoss $ (36,335)us-gaap_NetIncomeLoss $ 4,514us-gaap_NetIncomeLoss $ 3,821us-gaap_NetIncomeLoss $ 7,758us-gaap_NetIncomeLoss $ (13,663)us-gaap_NetIncomeLoss $ 4,430us-gaap_NetIncomeLoss $ 4,257us-gaap_NetIncomeLoss         $ (25,203)us-gaap_NetIncomeLoss $ 2,782us-gaap_NetIncomeLoss $ 18,546us-gaap_NetIncomeLoss
Net (loss) income per share attributed to Landauer, Inc. shareholders:                              
Basic $ 0.31us-gaap_EarningsPerShareBasic $ (3.83)us-gaap_EarningsPerShareBasic $ 0.47us-gaap_EarningsPerShareBasic $ 0.40us-gaap_EarningsPerShareBasic $ 0.82us-gaap_EarningsPerShareBasic $ (1.45)us-gaap_EarningsPerShareBasic $ 0.46us-gaap_EarningsPerShareBasic $ 0.45us-gaap_EarningsPerShareBasic         $ (2.65)us-gaap_EarningsPerShareBasic $ 0.28us-gaap_EarningsPerShareBasic $ 1.96us-gaap_EarningsPerShareBasic
Weighted average basic shares outstanding 9,524us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,482us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,460us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,422us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,462us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,439us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,417us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,336us-gaap_WeightedAverageNumberOfSharesOutstandingBasic         9,524us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,434us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,389us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted $ 0.31us-gaap_EarningsPerShareDiluted $ (3.83)us-gaap_EarningsPerShareDiluted $ 0.47us-gaap_EarningsPerShareDiluted $ 0.40us-gaap_EarningsPerShareDiluted $ 0.81us-gaap_EarningsPerShareDiluted $ (1.45)us-gaap_EarningsPerShareDiluted $ 0.46us-gaap_EarningsPerShareDiluted $ 0.45us-gaap_EarningsPerShareDiluted         $ (2.65)us-gaap_EarningsPerShareDiluted $ 0.27us-gaap_EarningsPerShareDiluted $ 1.95us-gaap_EarningsPerShareDiluted
Weighted average diluted shares outstanding 9,572us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,482us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,501us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,467us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,506us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,439us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,462us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,385us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding         9,524us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,482us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 9,437us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] The third quarters of fiscal 2014 and 2013 include goodwill and intangibles impairment charges of $62,188 and $22,700, respectively.