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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 83,716 $ 141,001
Short-term marketable securities 0 13,474
Restricted time deposits 1,661 1,709
Accounts receivable, net 60,964 61,455
Other receivables 11,604 15,294
Inventories 32,163 41,072
Deferred income taxes 2,062 2,511
Other current assets 6,592 9,838
Current assets of discontinued operations 0 2,774
Total current assets 198,762 289,128
Property and equipment, net 9,360 8,461
Goodwill 17,999 25,229
Deferred income taxes, net of current portion 3,702 2,125
Intangibles, net 325 0
Other assets 541 571
Noncurrent assets from discontinued operations 0 1,352
Total assets 230,689 326,866
Current liabilities:    
Short-term debt 8,987 18,036
Deferred consideration payable 4,615 4,615
Accounts payable 32,064 32,279
Accrued liabilities 22,726 23,714
Deferred revenue 10,985 14,186
Other current liabilities 2,422 2,166
Current liabilities from discontinued operations 0 1,376
Total current liabilities 81,799 96,372
Other long-term liabilities 6,676 8,931
Long-term liabilities from discontinued operations 0 462
Commitments and contingencies      
MRV stockholders' equity:    
Preferred Stock, $0.01 par value: Authorized — 1,000 shares; no shares issued or outstanding 0 0
Common Stock, $0.0017 par value: Authorized - 320,000 shares, Issued - 160,396 shares in 2011 and 160,038 shares in 2010, Outstanding - 157,704 shares in 2011 and 157,600 shares in 2010 270 270
Additional paid-in capital 1,337,935 1,410,234
Accumulated deficit (1,207,178) (1,200,352)
Treasury stock — 2,692 shares in 2011 and 2,437 in 2010 (3,271) (2,846)
Accumulated other comprehensive income 14,458 13,795
Total MRV stockholders' equity 142,214 221,101
Total liabilities and stockholders' equity $ 230,689 $ 326,866