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QUARTERLY RESULTS (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
The following information has been derived from unaudited consolidated financial statements that, in the opinion of management, include all normal recurring adjustments necessary for a fair presentation of such information.
(In thousands, except per share data)
Quarter Ended
2013
 
2012
 
Dec. 31
 
Sept. 30
 
June 30
 
Mar. 31
 
Dec. 31
 
Sept. 30 (Restated)
 
June 30 (Restated)
 
Mar. 31 (Restated)
Net revenues
$
147,103

 
$
138,893

 
$
141,345

 
$
136,071

 
$
160,469

 
$
150,607

 
$
165,476

 
$
159,151

Cost of revenues
59,801

 
56,055

 
54,294

 
52,291

 
64,210

 
55,019

 
67,312

 
59,893

Amortization of intangible assets
158

 
158

 
501

 
651

 
646

 
634

 
644

 
650

Gross profit
87,144

 
82,680

 
86,550

 
83,129

 
95,613

 
94,954

 
97,520

 
98,608

Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Research and development
24,556

 
23,239

 
23,847

 
23,607

 
22,951

 
23,207

 
26,261

 
26,460

   Marketing and selling
34,566

 
31,512

 
33,903

 
33,909

 
35,385

 
33,941

 
42,282

 
41,873

   General and administrative
23,135

 
22,715

 
16,131

 
15,597

 
13,462

 
10,905

 
13,351

 
14,348

   Amortization of intangible assets
667

 
660

 
658

 
663

 
755

 
782

 
1,106

 
1,611

   Restructuring costs, net
2,491

 
688

 
1,918

 
273

 
126

 
9,831

 
14,437

 
444

   Total operating expenses
85,415

 
78,814

 
76,457

 
74,049

 
72,679

 
78,666

 
97,437

 
84,736

Operating Income
1,729

 
3,866

 
10,093

 
9,080

 
22,934

 
16,288

 
83

 
13,872

Other income (expense), net
192

 
(363
)
 
(247
)
 
(258
)
 
(1,150
)
 
(318
)
 
(379
)
 
(194
)
Income (loss) from continuing operations before income taxes
1,921

 
3,503

 
9,846

 
8,822

 
21,784

 
15,970

 
(296
)
 
13,678

Provision for (benefit from) income taxes, net
792

 
921

 
669

 
557

 
1,119

 
1,194

 
(936
)
 
2,672

Income from continuing operations
1,129

 
2,582

 
9,177

 
8,265

 
20,665

 
14,776

 
640

 
11,006

Discontinued operations:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestiture of consumer business

 

 

 

 

 
37,972

 

 

Income from divested operations

 

 

 

 

 

 
2,773

 
5,059

Income from discontinued operations

 

 

 

 

 
37,972

 
2,773

 
5,059

Net income
$
1,129

 
$
2,582

 
$
9,177

 
$
8,265

 
$
20,665

 
$
52,748

 
$
3,413

 
$
16,065

Income per share – basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income per share from continuing operations – basic
$
0.03

 
$
0.07

 
$
0.24

 
$
0.21

 
$
0.53

 
$
0.38

 
$
0.02

 
$
0.29

Income per share from discontinued operations – basic
0.00

 
0.00

 
0.00

 
0.00

 
0.00

 
0.98

 
0.07

 
0.13

Net income per share – basic
$
0.03

 
$
0.07

 
$
0.24

 
$
0.21

 
$
0.53

 
$
1.36

 
$
0.09

 
$
0.42

Income per share – diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income per share from continuing operations – diluted
$
0.03

 
$
0.07

 
$
0.23

 
$
0.21

 
$
0.53

 
$
0.38

 
$
0.02

 
$
0.28

Income per share from discontinued operations – diluted
0.00

 
0.00

 
0.00

 
0.00

 
0.00

 
0.98

 
0.07

 
0.13

Net income per share – diluted
$
0.03

 
$
0.07

 
$
0.23

 
$
0.21

 
$
0.53

 
$
1.36

 
$
0.09

 
$
0.41

Weighted-average common shares outstanding – basic
39,080

 
39,075

 
39,040

 
38,977

 
38,916

 
38,859

 
38,778

 
38,662

Weighted-average common shares outstanding – diluted
39,111

 
39,076

 
39,069

 
39,034

 
38,937

 
38,890

 
38,798

 
38,721