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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following tables summarize MRV's Statements of Operations (in thousands):

Three months ended:
 
March 31,
2012
 
June 30,
2012
 
September 30,
2012
 
December 31,
2012
Revenue
 
$
33,415

 
$
37,626

 
$
34,666

 
$
45,954

Cost of goods sold
 
20,734

 
24,314

 
20,294

 
31,167

Gross profit
 
12,681

 
13,312

 
14,372

 
14,787

Operating expenses:
 
 
 
 
 
 
 
 
Product development and engineering
 
3,699

 
3,389

 
4,023

 
4,233

Selling, general and administrative
 
12,627

 
11,167

 
11,414

 
13,391

Impairment of goodwill
 


 


 
1,055

 
1

Total operating expenses
 
16,326

 
14,556

 
16,492

 
17,625

Operating income (loss)
 
(3,645
)
 
(1,244
)
 
(2,120
)
 
(2,838
)
Interest expense
 
(208
)
 
(191
)
 
(52
)
 
(150
)
Gain from settlement of deferred consideration obligation
 

 
2,314

 

 

Other income (loss), net
 
162

 
(82
)
 
(17
)
 
(117
)
Income (loss) from continuing operations before income taxes
 
(3,691
)
 
797

 
(2,189
)
 
(3,105
)
Provision (benefit) for income taxes
 
(1,517
)
 
296

 
(869
)
 
1,077

Income (loss) from continuing operations
 
(2,174
)
 
501

 
(1,320
)
 
(4,182
)
Gain (loss) from discontinued operations
 
5,789

 
(630
)
 
(2,108
)
 
9,788

Net income (loss) attributable to MRV
 
$
3,615

 
$
(129
)
 
$
(3,428
)
 
$
5,606

Net income (loss) attributable to MRV per share — basic:
 
 
 
 
 
 
 
 
From continuing operations
 
$
(0.28
)
 
$
0.06

 
$
(0.17
)
 
$
(0.54
)
From discontinued operations
 
$
0.73

 
$
(0.08
)
 
$
(0.27
)
 
$
1.26

Net income (loss) attributable to MRV per share — basic (1)
 
$
0.46

 
$
(0.02
)
 
$
(0.44
)
 
$
0.72

Net income (loss) attributable to MRV per share — diluted:
 
 
 
 
 
 
 
 
From continuing operations
 
$
(0.28
)
 
$
0.06

 
$
(0.17
)
 
$
(0.54
)
From discontinued operations
 
$
0.73

 
$
(0.08
)
 
$
(0.27
)
 
$
1.26

Net income (loss) attributable to MRV per share — diluted (1)
 
$
0.46

 
$
(0.02
)
 
(0.44
)
 
$
0.72

Basic weighted average shares
 
7,887

 
7,887

 
7,766

 
7,760

Diluted weighted average shares
 
7,896

 
7,887

 
7,766

 
7,760

Three months ended:
 
March 31,
2011
 
June 30,
2011
 
September 30,
2011
 
December 31,
2011
Revenue
 
$
35,112

 
$
39,373

 
$
37,933

 
$
44,650

Cost of goods sold
 
21,304

 
22,691

 
23,285

 
28,114

Gross profit
 
13,808

 
16,682

 
14,648

 
16,536

Operating expenses:
 
 
 
 
 
 
 
 
Product development and engineering
 
3,791

 
3,554

 
3,281

 
3,860

Selling, general and administrative
 
12,130

 
13,909

 
10,896

 
13,970

Total operating expenses
 
15,921

 
17,463

 
14,177

 
17,830

Operating income (loss)
 
(2,113
)
 
(781
)
 
471

 
(1,294
)
Interest expense
 
(224
)
 
(187
)
 
(204
)
 
(241
)
Other income (loss), net
 
(1,047
)
 
992

 
84

 
1

Income from continuing operations before income taxes
 
(3,384
)
 
24

 
351

 
(1,534
)
Provision (benefit) for income taxes
 
(1,175
)
 
(151
)
 
(1,132
)
 
1,267

Income (loss) from continuing operations
 
(2,209
)
 
175

 
1,483

 
(2,801
)
Gain (loss) from discontinued operations
 
1,665

 
(2,040
)
 
597

 
(3,696
)
Net income (loss) attributable to MRV
 
(544
)
 
(1,865
)
 
2,080

 
(6,497
)
Net income (loss) from continuing operations attributable to MRV
 
$
(2,209
)
 
175

 
$
1,483

 
$
(2,801
)
Net income (loss) from discontinued operations attributable to MRV
 
$
1,665

 
$
(2,040
)
 
$
597

 
$
(3,696
)
Net income (loss) attributable to MRV per share — basic:
 
 
 
 
 
 
 
 
From continuing operations
 
$
(0.28
)
 
$
0.02

 
$
0.19

 
$
(0.36
)
From discontinued operations
 
0.21

 
(0.26
)
 
0.08

 
(0.47
)
Net income (loss) attributable to MRV per share — basic (1)
 
$
(0.07
)
 
$
(0.24
)
 
$
0.26

 
$
(0.82
)
Net income (loss) attributable to MRV per share — diluted:
 
 
 
 
 
 
 
 
From continuing operations
 
$
(0.28
)
 
$
0.02

 
$
0.19

 
$
(0.36
)
From discontinued operations
 
0.21

 
(0.26
)
 
0.08

 
(0.47
)
Net income attributable to MRV per share — diluted (1)
 
$
(0.07
)
 
$
(0.24
)
 
$
0.26

 
$
(0.82
)
Basic weighted average shares
 
7,879

 
7,872

 
7,877

 
7,884

Diluted weighted average shares
 
7,879

 
7,872

 
7,930

 
7,884

_____________________________
(1)
Amounts may not add due to rounding.