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Consolidated Statements of Earnings/Loss and Comprehensive Earnings/Loss (Dollar amounts in thousands Shares in thousands, except per share amounts) (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues (Note 10) $ 65,542 $ 46,831 $ 138,162 $ 112,701
Cost of goods sold (Note 6) 43,035 29,305 87,129 66,529
Gross profit 22,507 17,526 51,033 46,172
Selling, general and administrative expenses (Note 6) 39,830 32,980 80,613 68,303
Impairment on intangibles and goodwill (Notes 5 and 8) 3,689 0 3,689 0
Operating loss (Note 10) (21,012) (15,454) (33,269) (22,131)
Other income/(expense) (Note 11) 0 (3,320) 3,000 (3,320)
Interest income, net 2,024 228 1,963 367
Loss before income taxes (18,988) (18,546) (28,306) (25,084)
Income tax expense/(benefit) (Note 9) 1,038 (4,001) 1,562 (5,841)
Net Loss (20,026) (14,545) (29,868) (19,243)
Loss per common share (Note 2)        
Basic (in Dollars per share) $ (0.56) $ (0.41) $ (0.84) $ (0.55)
Diluted (in Dollars per share) $ (0.56) $ (0.41) $ (0.84) $ (0.55)
Weighted average number of shares outstanding (Note 2)        
Basic (in Shares) 35,475 35,186 35,433 35,164
Diluted (in Shares) 35,475 35,186 35,433 35,164
Dividends declared per common share (in Dollars per share) $ 0 $ 0 $ 0 $ 0
Net Loss (20,026) (14,545) (29,868) (19,243)
Other Comprehensive Earnings/(Loss), net of tax:        
Foreign currency translation adjustments, net of income taxes of $0 and $0 for the six months ended June 30, 2011 and 2010, respectively, and net of income taxes of $0 and $0 for the three months ended June 30, 2011 and 2010, respectively 1,005 (3,876) 3,336 (6,996)
Change in deferred (loss)/gain on hedge derivatives, net of income taxes of $0 and $0 for the six months ended June 30, 2011 and 2010, respectively, and net of income taxes of $0 and $0 for the three months ended June 30, 2011 and 2010, respectively 187 826 (779) 1,610
Change in deferred (loss)/gain on investments available for sale and restricted investments available for sale, net of income tax (benefit)/expense of ($30) and $1 for the six months ended June 30, 2011 and 2010, respectively, and net of income tax (benefit) of ($16) and ($5) for the three months ended June 30, 2011 and 2010, respectively (31) (10) (58) 2
Comprehensive Loss $ (18,865) $ (17,605) $ (27,369) $ (24,627)