$OSPN
OneSpan Inc.

2013 Q2 Form 10-Q Financial Statement

#000119312513316222 Filed on August 02, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $37.26M $46.64M
YoY Change -20.11% 10.79%
Cost Of Revenue $13.38M $17.19M
YoY Change -22.18% 4.82%
Gross Profit $23.88M $29.45M
YoY Change -18.91% 14.55%
Gross Profit Margin 64.1% 63.14%
Selling, General & Admin $15.96M $15.19M
YoY Change 5.11% -6.83%
% of Gross Profit 66.84% 51.56%
Research & Development $5.345M $4.796M
YoY Change 11.45% -0.91%
% of Gross Profit 22.38% 16.28%
Depreciation & Amortization $1.080M $910.0K
YoY Change 18.68% -32.59%
% of Gross Profit 4.52% 3.09%
Operating Expenses $21.96M $20.45M
YoY Change 7.35% -5.48%
Operating Profit $1.924M $8.997M
YoY Change -78.62% 121.06%
Interest Expense $40.00K $20.00K
YoY Change 100.0% -87.5%
% of Operating Profit 2.08% 0.22%
Other Income/Expense, Net $265.0K $300.0K
YoY Change -11.67% 0.0%
Pretax Income $2.229M $9.365M
YoY Change -76.2% 107.19%
Income Tax $379.0K $1.967M
% Of Pretax Income 17.0% 21.0%
Net Earnings $1.809M $7.162M
YoY Change -74.74% 173.36%
Net Earnings / Revenue 4.86% 15.36%
Basic Earnings Per Share $0.05 $0.18
Diluted Earnings Per Share $0.05 $0.18
COMMON SHARES
Basic Shares Outstanding 38.91M shares 38.07M shares
Diluted Shares Outstanding 39.23M shares 38.74M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $85.60M $85.10M
YoY Change 0.59% 0.59%
Cash & Equivalents $85.65M $85.15M
Short-Term Investments
Other Short-Term Assets $60.00K $7.400M
YoY Change -99.19% 54.17%
Inventory $25.49M $17.10M
Prepaid Expenses $1.916M
Receivables $25.96M $33.90M
Other Receivables $700.0K $400.0K
Total Short-Term Assets $142.6M $143.9M
YoY Change -0.9% 13.49%
LONG-TERM ASSETS
Property, Plant & Equipment $3.470M $4.000M
YoY Change -13.25% -29.82%
Goodwill $9.223M
YoY Change
Intangibles $18.73M
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.840M $3.200M
YoY Change -11.25% 52.38%
Total Long-Term Assets $47.04M $27.10M
YoY Change 73.58% -25.34%
TOTAL ASSETS
Total Short-Term Assets $142.6M $143.9M
Total Long-Term Assets $47.04M $27.10M
Total Assets $189.6M $171.0M
YoY Change 10.9% 4.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.323M $4.500M
YoY Change 40.51% -36.62%
Accrued Expenses $11.70M $10.20M
YoY Change 14.71% -20.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.15M $25.90M
YoY Change 16.4% -21.04%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $100.0K $200.0K
YoY Change -50.0% -81.82%
Total Long-Term Liabilities $100.0K $200.0K
YoY Change -50.0% -81.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.15M $25.90M
Total Long-Term Liabilities $100.0K $200.0K
Total Liabilities $30.38M $26.30M
YoY Change 15.52% -25.07%
SHAREHOLDERS EQUITY
Retained Earnings $85.85M
YoY Change
Common Stock $39.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $159.3M $144.7M
YoY Change
Total Liabilities & Shareholders Equity $189.6M $171.0M
YoY Change 10.9% 4.84%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $1.809M $7.162M
YoY Change -74.74% 173.36%
Depreciation, Depletion And Amortization $1.080M $910.0K
YoY Change 18.68% -32.59%
Cash From Operating Activities $890.0K -$5.570M
YoY Change -115.98% -2420.83%
INVESTING ACTIVITIES
Capital Expenditures -$160.0K -$340.0K
YoY Change -52.94% 3.03%
Acquisitions
YoY Change
Other Investing Activities -$19.45M $170.0K
YoY Change -11541.18% -110.63%
Cash From Investing Activities -$19.63M -$170.0K
YoY Change 11447.06% -91.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -30.00K 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 890.0K -5.570M
Cash From Investing Activities -19.63M -170.0K
Cash From Financing Activities -30.00K 0.000
Net Change In Cash -18.77M -5.740M
YoY Change 227.0% 241.67%
FREE CASH FLOW
Cash From Operating Activities $890.0K -$5.570M
Capital Expenditures -$160.0K -$340.0K
Free Cash Flow $1.050M -$5.230M
YoY Change -120.08% -1017.54%

Facts In Submission

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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Accounting for Leases</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">All of our leases are operating leases. Rent expense on facility leases is charged evenly over the life of the lease, regardless of the timing of actual payments.</font></p> </div>
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us-gaap Use Of Estimates
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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Estimates and Assumptions</b></font></p> <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 accounting principles generally accepted in the U.S. 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.</font></p> </div>
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1630000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
987000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2328000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2267000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
77000
us-gaap Cost Of Revenue
CostOfRevenue
25656000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.11
vdsi Increase Decrease In Value Added Tax Receivable
IncreaseDecreaseInValueAddedTaxReceivable
301000
vdsi Median Renewal Percentage Rate
MedianRenewalPercentageRate
0.15 pure
vdsi Percentage Of Renewal
PercentageOfRenewal
0.80 pure
vdsi Product Warranty Accrual Provision For Claims
ProductWarrantyAccrualProvisionForClaims
66000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
532000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1848000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
97000
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-620000
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1011000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9497000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37928000 shares
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-319000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-915000
us-gaap Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
46000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3003000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11889000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0
us-gaap Share Based Compensation
ShareBasedCompensation
2248000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2708000
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
554000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
648000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
19264000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-463000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
123000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1929000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7093000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2745000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10405000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38597000 shares
us-gaap Operating Income Loss
OperatingIncomeLoss
11212000
us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
49000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1056000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
97000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1052000
us-gaap Net Income Loss
NetIncomeLoss
9073000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
9392000
us-gaap Gross Profit
GrossProfit
51329000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
145000
us-gaap Operating Expenses
OperatingExpenses
40117000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2497000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1074000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
524000
us-gaap Sales Revenue Net
SalesRevenueNet
78900000
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.24
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
951000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-620000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-1828000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-184000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2248000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1980000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
46000
us-gaap Cost Of Revenue
CostOfRevenue
27571000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.25
vdsi Increase Decrease In Value Added Tax Receivable
IncreaseDecreaseInValueAddedTaxReceivable
-244000
vdsi Product Warranty Accrual Provision For Claims
ProductWarrantyAccrualProvisionForClaims
98000
CY2012 vdsi Payments From Employee Stock Ownership Plan Gains
PaymentsFromEmployeeStockOwnershipPlanGains
9093000
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.17 pure
CY2012Q1 vdsi Expected Annualized Tax Rate
ExpectedAnnualizedTaxRate
0.21 pure
CY2012Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
300000
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2012Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4796000
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38065000 shares
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-236000
CY2012Q2 us-gaap Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
46000
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
9365000
CY2012Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
325000
CY2012Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
9856000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
8997000
CY2012Q2 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
49000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
7162000
CY2012Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
7398000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2012Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5330000
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38742000 shares
CY2012Q2 us-gaap Gross Profit
GrossProfit
29451000
CY2012Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
68000
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
20454000
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1967000
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
46642000
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.19
CY2012Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
472000
CY2012Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1170000
CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3096000
CY2012Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-4066000
CY2012Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
26000
CY2012Q2 us-gaap Cost Of Revenue
CostOfRevenue
17191000
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.19
CY2012Q2 vdsi Product Warranty Accrual Provision For Claims
ProductWarrantyAccrualProvisionForClaims
18000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
265000
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
0
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
1809000
CY2013Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1850000
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5345000
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38908000 shares
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5492000
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39226000 shares
CY2013Q2 us-gaap Gross Profit
GrossProfit
23882000
CY2013Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
40000
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
21958000
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-41000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2229000
CY2013Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
31000
CY2013Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
10470000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1924000
CY2013Q2 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
0
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
379000
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
37260000
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.05
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
651000
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
604000
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1801000
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-8000
CY2013Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
47000
CY2013Q2 us-gaap Cost Of Revenue
CostOfRevenue
13378000
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.05
CY2013Q2 vdsi Product Warranty Accrual Provision For Claims
ProductWarrantyAccrualProvisionForClaims
35000

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