XML 55 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Service revenues $ 53,515 $ 71,923 $ 96,918 $ 272,386
Product revenues 13,159 34,617 47,129 100,332
Total net revenues 66,674 106,540 144,047 372,718
Cost of services 47,883 60,285 132,234 200,697
Cost of products 7,683 17,032 26,628 47,716
Gross profit (loss) 11,108 29,223 (14,815) 124,305
Operating expenses:        
Research, development and engineering 6,537 10,910 21,496 30,254
Marketing and sales 6,904 8,480 23,375 27,610
General, administrative and other operating expenses 10,541 15,182 40,566 48,334
Total operating expenses 23,982 34,572 85,437 106,198
Income (loss) from operations (12,874) (5,349) (100,252) 18,107
Interest expense, net (4,854) (5,048) (14,086) (14,779)
Equity in losses of investments 0 (5,558) 0 (9,027)
Other income (expense), net (346) (622) 98,035 73,970
Income (loss) before income taxes (18,074) (16,577) (16,303) 68,271
Income tax expense 2,082 8,345 3,597 14,261
Net income (loss) (20,156) (24,922) (19,900) 54,010
Net (income) loss attributable to noncontrolling interests (227) 381 322 (1,384)
Net income (loss) attributable to ION $ (20,383) $ (24,541) $ (19,578) $ 52,626
Net income (loss) per share:        
Basic, in dollars per share $ (0.12) $ (0.15) $ (0.12) $ 0.32
Diluted, in dollars per share $ (0.12) $ (0.15) $ (0.12) $ 0.32
Weighted average number of common shares outstanding:        
Basic, in shares 164,755 164,149 164,672 164,021
Diluted, in shares 164,755 164,149 164,672 164,326