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Condensed Consolidated Statements of Operations (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
Condensed Consolidated Statements of Operations [Abstract]        
Product revenues $ 39,016 $ 39,433 $ 71,403 $ 79,675
Service revenues 49,516 35,953 107,681 84,430
Total net revenues 88,532 75,386 179,084 164,105
Cost of products 17,624 20,576 32,263 51,067
Cost of services 37,277 26,748 82,051 62,610
Gross profit 33,631 28,062 64,770 50,428
Operating expenses:        
Research, development and engineering 5,906 5,217 11,745 14,216
Marketing and sales 7,838 5,649 14,880 13,555
General and administrative 11,087 11,212 23,274 27,650
Total operating expenses 24,831 22,078 49,899 55,421
Income (loss) from operations 8,800 5,984 14,871 (4,993)
Interest expense, net (1,187) (1,373) (2,802) (27,016)
Loss on disposition of land division       (38,115)
Fair value adjustment of warrant       12,788
Equity in losses of INOVA Geophysical (4,173) (179) (5,033) (179)
Other income (expense) 497 (799) (2,502) 2,418
Income (loss) before income taxes 3,937 3,633 4,534 (55,097)
Income tax expense 1,085 2,174 1,232 14,334
Net income (loss) 2,852 1,459 3,302 (69,431)
Net income attributable to noncontrolling interest 44   69  
Net income (loss) attributable to ION 2,896 1,459 3,371 (69,431)
Preferred stock dividends 338 385 676 1,260
Net income (loss) applicable to common shares $ 2,558 $ 1,074 $ 2,695 $ (70,691)
Net income (loss) per share:        
Basic $ 0.02 $ 0.01 $ 0.02 $ (0.52)
Diluted $ 0.02 $ 0.01 $ 0.02 $ (0.52)
Weighted average number of common shares outstanding:        
Basic 155,096 151,441 154,385 135,962
Diluted 156,553 152,036 156,058 135,962