2011 Q4 Form 10-K Financial Statement

#000119312513087561 Filed on March 01, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2011 Q2
Revenue $123.1M $117.3M $116.7M
YoY Change -14.41% -15.55% -18.3%
Cost Of Revenue $23.20M $23.85M $23.19M
YoY Change -29.05% -26.15% -32.01%
Gross Profit $99.85M $93.45M $93.48M
YoY Change -10.13% -12.33% -14.08%
Gross Profit Margin 81.12% 79.67% 80.13%
Selling, General & Admin $67.70M $63.33M $67.30M
YoY Change -20.73% -19.63% -13.27%
% of Gross Profit 67.8% 67.77% 72.0%
Research & Development $5.200M $5.982M $6.229M
YoY Change -26.76% -19.16% -25.85%
% of Gross Profit 5.21% 6.4% 6.66%
Depreciation & Amortization $5.900M $6.000M $6.000M
YoY Change -15.71% 15.38% 22.45%
% of Gross Profit 5.91% 6.42% 6.42%
Operating Expenses $73.60M $69.85M $74.09M
YoY Change -21.7% -20.26% -15.13%
Operating Profit $26.25M $23.60M $19.40M
YoY Change 53.49% 24.21% -9.79%
Interest Expense -$2.600M $2.267M $2.198M
YoY Change 23.81% -164.77% -148.84%
% of Operating Profit -9.91% 9.61% 11.33%
Other Income/Expense, Net -$600.0K -$2.666M -$2.540M
YoY Change -220.0% 280.86% -2640.0%
Pretax Income $12.70M $20.93M $16.86M
YoY Change -16.45% 46.38% 0.33%
Income Tax $1.100M $7.982M $6.337M
% Of Pretax Income 8.66% 38.13% 37.59%
Net Earnings $12.39M $12.38M $9.958M
YoY Change 54.9% 45.62% -2.37%
Net Earnings / Revenue 10.07% 10.55% 8.54%
Basic Earnings Per Share $0.67 $0.67 $0.55
Diluted Earnings Per Share $0.66 $0.66 $0.54
COMMON SHARES
Basic Shares Outstanding 18.38M shares 18.11M shares
Diluted Shares Outstanding 18.85M shares 18.54M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.20M $29.00M $27.50M
YoY Change 144.12% 90.79% 39.59%
Cash & Equivalents $32.74M $29.02M $27.50M
Short-Term Investments
Other Short-Term Assets $259.1M $78.30M $66.10M
YoY Change 301.71% -2.0% -11.28%
Inventory $82.97M $94.70M $98.00M
Prepaid Expenses
Receivables $132.8M $142.2M $139.2M
Other Receivables $41.60M $15.50M $15.30M
Total Short-Term Assets $549.6M $359.7M $346.1M
YoY Change 76.3% 14.77% 12.66%
LONG-TERM ASSETS
Property, Plant & Equipment $43.37M $49.30M $49.20M
YoY Change -4.76% 16.27% 23.0%
Goodwill $73.09M
YoY Change -0.68%
Intangibles $8.236M
YoY Change -80.13%
Long-Term Investments
YoY Change
Other Assets $11.57M $28.30M $29.80M
YoY Change -7.92% 29.82% 24.17%
Total Long-Term Assets $154.9M $296.4M $300.9M
YoY Change -47.01% 4.33% 6.4%
TOTAL ASSETS
Total Short-Term Assets $549.6M $359.7M $346.1M
Total Long-Term Assets $154.9M $296.4M $300.9M
Total Assets $704.5M $656.1M $647.0M
YoY Change 16.64% 9.81% 9.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.50M $17.80M $18.40M
YoY Change -16.67% 0.56% -24.9%
Accrued Expenses $14.00M $46.00M $46.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.300M $1.300M $2.400M
YoY Change -65.79% -51.85% -14.29%
Long-Term Debt Due $17.50M $15.00M $12.50M
YoY Change 133.33% 200.0% 278.79%
Total Short-Term Liabilities $185.8M $137.3M $133.2M
YoY Change 122.46% 72.7% 62.84%
LONG-TERM LIABILITIES
Long-Term Debt $191.2M $197.4M $201.2M
YoY Change -8.39% -9.2% -9.98%
Other Long-Term Liabilities $2.519M $3.100M $7.200M
YoY Change -9.23% 29.17% 200.0%
Total Long-Term Liabilities $2.519M $200.5M $208.4M
YoY Change -9.23% -8.78% -7.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $185.8M $137.3M $133.2M
Total Long-Term Liabilities $2.519M $200.5M $208.4M
Total Liabilities $389.3M $345.1M $349.1M
YoY Change 28.44% 12.85% 11.11%
SHAREHOLDERS EQUITY
Retained Earnings $97.25M
YoY Change -1.09%
Common Stock $216.2M
YoY Change 9.63%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $292.1M $310.9M $297.9M
YoY Change
Total Liabilities & Shareholders Equity $704.5M $656.1M $647.0M
YoY Change 16.64% 9.81% 9.66%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income $12.39M $12.38M $9.958M
YoY Change 54.9% 45.62% -2.37%
Depreciation, Depletion And Amortization $5.900M $6.000M $6.000M
YoY Change -15.71% 15.38% 22.45%
Cash From Operating Activities $25.10M $16.20M $4.600M
YoY Change 97.64% 57.28% -70.51%
INVESTING ACTIVITIES
Capital Expenditures -$8.500M -$6.000M -$5.600M
YoY Change -7.61% 13.21% -25.33%
Acquisitions
YoY Change
Other Investing Activities -$400.0K $0.00 $0.00
YoY Change
Cash From Investing Activities -$8.900M -$6.100M -$5.600M
YoY Change -3.26% 17.31% -25.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.20M -8.200M 4.900M
YoY Change 134.62% -19.61% -174.24%
NET CHANGE
Cash From Operating Activities 25.10M 16.20M 4.600M
Cash From Investing Activities -8.900M -6.100M -5.600M
Cash From Financing Activities -12.20M -8.200M 4.900M
Net Change In Cash 4.000M 1.900M 3.900M
YoY Change -335.29% -137.25% 160.0%
FREE CASH FLOW
Cash From Operating Activities $25.10M $16.20M $4.600M
Capital Expenditures -$8.500M -$6.000M -$5.600M
Free Cash Flow $33.60M $22.20M $10.20M
YoY Change 53.42% 42.31% -55.84%

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CY2011 us-gaap Payments To Acquire Additional Interest In Subsidiaries
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1981000
CY2011 us-gaap Increase Decrease In Accounts Payable
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CY2011 ofix Increase Decrease In Prepaid Expense And Other Current Assets
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37146000
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1600000
CY2011 ofix Revenue From Product Sales
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CY2011 ofix Effective Income Tax Rate Continuing Operations Excluding Impact Of Tax Settlement
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CY2011 ofix Percent Of Reporting Segment Revenues To Revenues
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17000
CY2012 dei Document Fiscal Period Focus
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FY
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0000884624
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2012 dei Current Fiscal Year End Date
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--12-31
CY2012 dei Trading Symbol
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OFIX
CY2012 dei Entity Registrant Name
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ORTHOFIX INTERNATIONAL N V
CY2012 dei Entity Current Reporting Status
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Yes
CY2012 dei Amendment Flag
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false
CY2012 dei Entity Filer Category
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Large Accelerated Filer
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CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2012 us-gaap Concentration Risk Credit Risk
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<div> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>(r)</b></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Financial Instruments and Concentration of Credit Risk</b></font></td> </tr> </table> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Financial instruments that could subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable. Generally, the cash is held at large financial institutions and our cash equivalents consist of highly liquid money market funds. The Company performs ongoing credit evaluations of the customers, generally do not require collateral and maintain a reserve for potential credit losses. The Company believes that a concentration of credit risk related to the accounts receivable is limited because the customers are geographically dispersed and the end users are diversified across several industries.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Net sales to our customers and distributors based in Europe were approximately $55 million in 2012 which results in a substantial portion of our trade accounts receivable balance as of December 31, 2012. It is at least reasonably possible that changes in global economic conditions and/or local operating and economic conditions in the regions these distributors operate, or other factors, could affect the future realization of these accounts receivable balances.</font></p> </div>
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CY2012 us-gaap Research And Development Expense
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CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
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CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
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CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2012 us-gaap Inventory Write Down
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CY2012 us-gaap Net Income Loss
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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CY2012 us-gaap Earnings Per Share Diluted
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CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2012 us-gaap Gross Profit
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CY2012 us-gaap Advertising Expense
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200000
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2098000
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40.50
CY2012 us-gaap Current Foreign Tax Expense Benefit
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5800000
CY2012 us-gaap Depreciation
Depreciation
15700000
CY2012 us-gaap Allocated Share Based Compensation Expense
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6303000
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
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346000
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263000
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2012 us-gaap Increase Decrease In Accounts Payable
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CY2012 us-gaap Use Of Estimates
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<div> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="4%"><font size="1">&#xA0;</font></td> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>(b)</b></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Use of estimates in preparation of financial statements</b></font></td> </tr> </table> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, we evaluate our estimates, including those related to the recoverability and useful lives of long-lived assets and the adequacy of the allowance for doubtful accounts and inventory obsolescence, and income taxes. We base our estimates on historical experience, future expectations and on other relevant assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.</font></p> </div>
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CY2012 ofix Duration Of Agreement Years
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CY2012 ofix Imputed Interest Due To Accretion
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CY2012 ofix Revenue From Product Sales
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CY2012 ofix Related Party Transaction Purchase Transaction With Related Party
RelatedPartyTransactionPurchaseTransactionWithRelatedParty
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
CY2012 ofix Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
106000
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.05
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
939000
CY2011Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-36740000
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.00
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
-35801000
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.00
CY2011Q1 us-gaap Gross Profit
GrossProfit
90720000
CY2011Q1 us-gaap Income Tax Reconciliation Tax Settlements Domestic
IncomeTaxReconciliationTaxSettlementsDomestic
46000000
CY2011Q1 us-gaap Sales Revenue Net
SalesRevenueNet
113060000
CY2011Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.05
CY2011Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.05
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-561000
CY2011Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
10519000
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
9958000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2011Q2 us-gaap Gross Profit
GrossProfit
93484000
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
116670000
CY2011Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2011Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.58
CY2012Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2012Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2012Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-199000
CY2012Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
12215000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
12016000
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-573000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2012Q1 us-gaap Gross Profit
GrossProfit
94102000
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
116041000
CY2012Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.64
CY2012Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.65
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.15
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.15
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2762000
CY2012Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
13967000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
11205000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2012Q2 us-gaap Gross Profit
GrossProfit
95816000
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
119492000
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.73
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.74
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2011Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
12951000
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
12378000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2011Q3 us-gaap Gross Profit
GrossProfit
93452000
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
117306000
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.69
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.70
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.29
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.28
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-5558000
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
13118000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
7560000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2012Q3 us-gaap Gross Profit
GrossProfit
92379000
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
114752000
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.67
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.69
CY2011Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
CY2011Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.04
CY2011Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
862000
CY2011Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
11530000
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
12392000
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2011Q4 us-gaap Gross Profit
GrossProfit
99846000
CY2011Q4 us-gaap Income Tax Reconciliation Tax Settlements Domestic
IncomeTaxReconciliationTaxSettlementsDomestic
10500000
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
123085000
CY2011Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.62
CY2011Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.62
CY2012Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.30
CY2012Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.30
CY2012Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
5878000
CY2012Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
14636000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
20514000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
CY2012Q4 us-gaap Gross Profit
GrossProfit
93531000
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
112035000
CY2012Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.74
CY2012Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.76

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