XML 22 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenue:      
Product revenue $ 207,538 $ 204,749 $ 183,290
Service revenue 59,215 51,283 45,218
Total revenue 266,753 256,032 228,508
Cost of sales 159,161 145,312 132,760
Gross profit 107,592 110,720 95,748
Operating expenses:      
Product development and engineering 24,318 21,788 22,732
Selling, general and administrative 72,855 74,592 77,599
Impairment of goodwill 7,095 0 0
Total operating expenses 104,268 96,380 100,331
Operating income (loss) 3,324 14,340 (4,583)
Interest expense (930) (950) (1,310)
Gain from settlement of deferred consideration obligation 0 520 20,524
Gain from sales of investments in unconsolidated entities 0 0 3,488
Other income (loss), net (1,227) (2,576) 623
Income from continuing operations before income taxes 1,167 11,334 18,742
Provision for income taxes 4,579 2,660 4,159
Income (loss) from continuing operations (3,412) 8,674 14,583
Income (loss) from discontinued operations, net of income taxes of $(20), $727, and $2,097, respectively (3,414) 42,106 (13,183)
Net income (loss) (6,826) 50,780 1,400
Less:      
Net income from continuing operations attributable to noncontrolling interests 0 2,089 1,757
Net income from discontinued operations attributable to noncontrolling interests 0 0 47
Net income (loss) attributable to MRV (6,826) 48,691 (404)
Net income (loss) from continuing operations attributable to MRV (3,412) 6,585 12,826
Net income (loss) from discontinued operations attributable to MRV $ (3,414) $ 42,106 $ (13,230)
Net income (loss) attributable to MRV per share — basic:      
From continuing operations (in dollars per share) $ (0.02) $ 0.04 $ 0.08
From discontinued operations (in dollars per share) $ (0.02) $ 0.27 $ (0.08)
Net income (loss) attributable to MRV per share — basic (in dollars per share) $ (0.04) $ 0.31 $ 0.00
Net income (loss) attributable to MRV per share — diluted:      
From continuing operations (in dollars per share) $ (0.02) $ 0.04 $ 0.08
From discontinued operations (in dollars per share) $ (0.02) $ 0.27 $ (0.08)
Net income (loss) attributable to MRV per share — diluted (in dollars per share) $ (0.04) $ 0.31 $ 0.00
Weighted average number of shares:      
Basic (in shares) 157,561 157,569 157,547
Diluted (in shares) 157,561 158,423 157,665