XML 111 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Results of Operations (Unaudited) (Table)
12 Months Ended
Mar. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly information
The following table sets forth certain quarterly information for fiscal years 2014 and 2013. This information, in the opinion of the Company's management, reflects all adjustments (consisting only of normal recurring adjustments) necessary to present fairly this information when read in conjunction with the consolidated financial statements and notes thereto included elsewhere herein (amounts in thousands except per share data):
 
 
Fiscal Year 2014 Quarters Ended
 
 
Jun-30
 
Sep-30
 
Dec-31
 
Mar-31
Net sales
 
$
202,057

 
$
208,449

 
$
207,339

 
$
215,821

Operating income (loss)(1)
 
(18,212
)
 
1,585

 
3,623

 
(5,207
)
Loss from continuing operations
 
(33,630
)
 
(11,945
)
 
(4,744
)
 
(14,550
)
Income (loss) from discontinued operations
 
(1,510
)
 
(1,151
)
 
(1,076
)
 
103

Net loss
 
(35,140
)
 
(13,096
)
 
(5,820
)
 
(14,447
)
Net loss per basic share:
 
 
 
 
 
 
 
 
Loss from continuing operations
 
$
(0.75
)
 
$
(0.26
)
 
$
(0.11
)
 
$
(0.32
)
Loss from discontinued operations
 
$
(0.03
)
 
$
(0.03
)
 
$
(0.02
)
 
$

Net loss
 
$
(0.78
)
 
$
(0.29
)
 
$
(0.13
)
 
$
(0.32
)
Net loss per diluted share:
 
 
 
 
 
 
 
 
Loss from continuing operations
 
$
(0.75
)
 
$
(0.26
)
 
$
(0.11
)
 
$
(0.32
)
Loss from discontinued operations
 
$
(0.03
)
 
$
(0.03
)
 
$
(0.02
)
 
$

Net loss
 
$
(0.78
)
 
$
(0.29
)
 
$
(0.13
)
 
$
(0.32
)
 
 
Fiscal Year 2013 Quarters Ended
 
 
Jun-30
 
Sep-30
 
Dec-31
 
Mar-31
Net sales
 
$
215,500

 
$
211,165

 
$
197,697

 
$
199,539

Operating loss(1)
 
(4,323
)
 
(12,872
)
 
(3,437
)
 
(14,448
)
Loss from continuing operations
 
(17,997
)
 
(23,642
)
 
(13,169
)
 
(23,704
)
Income (loss) from discontinued operations
 
243

 
(1,278
)
 
(1,088
)
 
(1,547
)
Net loss
 
(17,754
)
 
(24,920
)
 
(14,257
)
 
(25,251
)
Net income (loss) per basic share:
 
 
 
 
 
 
 
 
Loss from continuing operations
 
$
(0.40
)
 
$
(0.53
)
 
$
(0.29
)
 
$
(0.53
)
Income (loss) from discontinued operations
 
$

 
$
(0.03
)
 
$
(0.03
)
 
$
(0.03
)
Net loss
 
$
(0.40
)
 
$
(0.56
)
 
$
(0.32
)
 
$
(0.56
)
Net loss per diluted share:
 
 
 
 
 
 
 
 
Loss from continuing operations
 
$
(0.40
)
 
$
(0.53
)
 
$
(0.29
)
 
$
(0.53
)
Loss from discontinued operations
 
$

 
$
(0.03
)
 
$
(0.03
)
 
$
(0.03
)
Net loss
 
$
(0.40
)
 
$
(0.56
)
 
$
(0.32
)
 
$
(0.56
)
_______________________________________________________________________________
(1)
Operating income (loss) as a percentage of net sales fluctuates from quarter to quarter due to a number of factors, including net sales fluctuations, restructuring charges, product mix, the timing and expense of moving product lines to lower-cost locations, the write-down of long lived assets, the net gain/loss on sales and disposals of assets and the relative mix of sales among distributors, original equipment manufacturers, and electronic manufacturing service providers.