2013 Q3 Form 10-K Financial Statement

#000119312513399947 Filed on October 15, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2013 2012 Q3
Revenue $181.0M $754.5M $173.1M
YoY Change 4.55% 5.68% -12.86%
Cost Of Revenue $160.9M $680.1M $161.7M
YoY Change -0.48% 5.38% -10.73%
Gross Profit $20.09M $74.37M $11.45M
YoY Change 75.48% 8.48% -34.89%
Gross Profit Margin 11.1% 9.86% 6.61%
Selling, General & Admin $19.80M $86.97M $28.00M
YoY Change -29.29% -8.2% 30.9%
% of Gross Profit 98.54% 116.95% 244.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.190M $14.12M $3.640M
YoY Change 15.11% 1.42% -18.64%
% of Gross Profit 20.85% 18.98% 31.79%
Operating Expenses $25.77M $102.6M $29.50M
YoY Change -12.66% -0.79% 33.98%
Operating Profit -$5.675M -$28.23M -$18.05M
YoY Change -68.57% -19.02% 306.99%
Interest Expense -$1.100M $612.0K $1.100M
YoY Change -200.0% 64.08% 947.62%
% of Operating Profit
Other Income/Expense, Net -$1.196M -$5.704M $5.145M
YoY Change -123.25% -149.46% -278.77%
Pretax Income -$7.000M -$35.55M -$12.90M
YoY Change -45.74% 44.68% 76.37%
Income Tax $1.804M $3.779M $1.986M
% Of Pretax Income
Net Earnings -$8.841M -$40.36M -$20.24M
YoY Change -56.32% 5.9% 354.75%
Net Earnings / Revenue -4.88% -5.35% -11.69%
Basic Earnings Per Share -$0.86
Diluted Earnings Per Share -$170.9K -$0.86 -$463.3K
COMMON SHARES
Basic Shares Outstanding 51.59M shares 46.65M shares
Diluted Shares Outstanding 46.65M shares

Balance Sheet

Concept 2013 Q3 2013 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $77.90M $77.90M $52.50M
YoY Change 48.38% 48.38% -52.87%
Cash & Equivalents $77.92M $77.90M $52.37M
Short-Term Investments $100.0K
Other Short-Term Assets $9.800M $9.800M $10.50M
YoY Change -6.67% -6.67% -3.67%
Inventory $61.32M $61.30M $83.99M
Prepaid Expenses
Receivables $142.1M $142.1M $148.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $291.1M $291.1M $295.9M
YoY Change -1.62% -1.62% -14.37%
LONG-TERM ASSETS
Property, Plant & Equipment $34.29M $34.30M $40.77M
YoY Change -15.9% -15.93% -13.99%
Goodwill $3.058M $3.058M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $8.000M $8.000M $10.80M
YoY Change -25.93% -25.93% -10.0%
Other Assets $5.528M $5.500M $5.465M
YoY Change 1.15% 0.0% -42.74%
Total Long-Term Assets $52.61M $52.60M $63.00M
YoY Change -16.49% -16.51% -17.89%
TOTAL ASSETS
Total Short-Term Assets $291.1M $291.1M $295.9M
Total Long-Term Assets $52.61M $52.60M $63.00M
Total Assets $343.7M $343.7M $358.9M
YoY Change -4.23% -4.24% -15.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.1M $110.1M $110.5M
YoY Change -0.34% -0.36% -3.55%
Accrued Expenses $34.75M $60.30M $41.75M
YoY Change -16.78% 38.62% 14.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K
YoY Change 0.0%
Total Short-Term Liabilities $176.4M $176.4M $182.4M
YoY Change -3.26% -3.29% -5.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $100.0K
YoY Change -100.0% -100.0% 0.0%
Other Long-Term Liabilities $9.866M $10.40M $11.01M
YoY Change -10.41% -7.96% -12.5%
Total Long-Term Liabilities $10.36M $10.40M $11.37M
YoY Change -8.92% -8.77% -9.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $176.4M $176.4M $182.4M
Total Long-Term Liabilities $10.36M $10.40M $11.37M
Total Liabilities $186.8M $186.8M $193.8M
YoY Change -3.59% -3.61% -6.72%
SHAREHOLDERS EQUITY
Retained Earnings -$7.277B -$7.237B
YoY Change 0.56% 0.53%
Common Stock $7.420B $7.390B
YoY Change 0.4% 0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $156.9M $156.9M $165.1M
YoY Change
Total Liabilities & Shareholders Equity $343.7M $343.7M $358.9M
YoY Change -4.23% -4.24% -15.01%

Cashflow Statement

Concept 2013 Q3 2013 2012 Q3
OPERATING ACTIVITIES
Net Income -$8.841M -$40.36M -$20.24M
YoY Change -56.32% 5.9% 354.75%
Depreciation, Depletion And Amortization $4.190M $14.12M $3.640M
YoY Change 15.11% 1.42% -18.64%
Cash From Operating Activities $9.910M $6.340M -$22.13M
YoY Change -144.78% -115.89% 445.07%
INVESTING ACTIVITIES
Capital Expenditures -$2.730M $7.296M -$2.240M
YoY Change 21.88% -34.38% -4.68%
Acquisitions
YoY Change
Other Investing Activities -$70.00K -$140.0K -$310.0K
YoY Change -77.42% -95.16% -61.73%
Cash From Investing Activities -$2.800M -$7.440M -$2.550M
YoY Change 9.8% -46.9% -19.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$27.52M
YoY Change -28468.04%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.00K 26.04M -40.00K
YoY Change -50.0% -11936.36% 300.0%
NET CHANGE
Cash From Operating Activities 9.910M 6.340M -22.13M
Cash From Investing Activities -2.800M -7.440M -2.550M
Cash From Financing Activities -20.00K 26.04M -40.00K
Net Change In Cash 7.090M 24.94M -24.72M
YoY Change -128.68% -146.08% 241.91%
FREE CASH FLOW
Cash From Operating Activities $9.910M $6.340M -$22.13M
Capital Expenditures -$2.730M $7.296M -$2.240M
Free Cash Flow $12.64M -$956.0K -$19.89M
YoY Change -163.55% -98.13% 1063.16%

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39955000
CY2011 mlnk Increase Decrease In Accounts Payable Accrued Restructuring And Accrued Expenses
IncreaseDecreaseInAccountsPayableAccruedRestructuringAndAccruedExpenses
-38016000
CY2011 mlnk Disposal Group Including Discontinued Operation Other Income Expense Net
DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpenseNet
-10000
CY2011 mlnk Income Tax Expense Benefit Gross
IncomeTaxExpenseBenefitGross
819000
CY2011 mlnk Capitalized Costs
CapitalizedCosts
408000
CY2011 mlnk Finite Lived Intangible Assets Amortization Expense Per Period
FiniteLivedIntangibleAssetsAmortizationExpensePerPeriod
5500000
CY2011 mlnk Restructuring Credit
RestructuringCredit
1099000
CY2011 mlnk Other Operating Loss Gains
OtherOperatingLossGains
8892000
CY2011 mlnk Restructuring Charges Related To Workforce Reduction And Other Expenses
RestructuringChargesRelatedToWorkforceReductionAndOtherExpenses
1200000
CY2011 mlnk Equity In Losses Of Affiliates And Impairments
EquityInLossesOfAffiliatesAndImpairments
-4308000
CY2011 mlnk Derecognition Of Accrued Pricing Liabilities
DerecognitionOfAccruedPricingLiabilities
13545000
CY2011 mlnk Income Tax Reconciliation Foreign Dividends
IncomeTaxReconciliationForeignDividends
4041000
CY2011 mlnk Number Of Employee Reduction
NumberOfEmployeeReduction
55 Employee
CY2011 mlnk Restructuring Charges Related To Asset Write Offs And Closed Facilities
RestructuringChargesRelatedToAssetWriteOffsAndClosedFacilities
-400000
CY2011 mlnk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value Expected To Vest
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueExpectedToVest
1500000
CY2011 mlnk Expected Income Tax Expense Benefit
ExpectedIncomeTaxExpenseBenefit
-11661000
CY2011 mlnk Tax Income Loss Not Benefited Utilized
TaxIncomeLossNotBenefitedUtilized
11356000
CY2011 mlnk Income Tax Reconciliation Net Withholding Taxes
IncomeTaxReconciliationNetWithholdingTaxes
323000
CY2011 mlnk Income Tax Reconciliation Decrease To Asc Seven Forty Reserve
IncomeTaxReconciliationDecreaseToAscSevenFortyReserve
-4255000
CY2011 mlnk Stock Issued During Period Value Stock Options Exercised And Stock Purchase Plans
StockIssuedDuringPeriodValueStockOptionsExercisedAndStockPurchasePlans
208000
CY2013 dei Trading Symbol
TradingSymbol
MLNK
CY2013 dei Entity Registrant Name
EntityRegistrantName
MODUSLINK GLOBAL SOLUTIONS INC
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-07-31
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0000914712
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--07-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.86
CY2013 us-gaap Nature Of Operations
NatureOfOperations
<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>(1)</b></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>NATURE OF OPERATIONS</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">ModusLink Global Solutions, Inc. (together with its consolidated subsidiaries, &#x201C;ModusLink Global Solutions&#x201D; or the &#x201C;Company&#x201D;), through its wholly owned subsidiaries, ModusLink Corporation (&#x201C;ModusLink&#x201D;) and ModusLink PTS, Inc. (&#x201C;ModusLink PTS&#x201D;), is a leader in global supply chain business process management serving clients in markets such as consumer electronics, communications, computing, medical devices, software, and retail. The Company designs and executes critical elements in its clients&#x2019; global supply chains to improve speed to market, product customization, flexibility, cost, quality and service. These benefits are delivered through a combination of industry expertise, innovative service solutions, integrated operations, proven business processes, expansive global footprint and world-class technology.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company has an integrated network of strategically located facilities in various countries, including numerous sites throughout North America, Europe and Asia. The Company previously operated under the names CMGI, Inc. and CMG Information Services, Inc. and was incorporated in Delaware in 1986.</font></p> </div>
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P5Y5M9D
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0078 pure
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.86
CY2013 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2011-03-31
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46654000 shares
CY2013 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.6053 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
7.95
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
46654000 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.38
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
8672000
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0413 pure
CY2013 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2011-03-07
CY2013 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2011-03-17
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
421000 shares
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y7M6D
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
3.71
CY2013 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.84
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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1.56
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.0000 pure
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.84
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P4Y11M27D
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2013 us-gaap Concentration Risk Credit Risk
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<div> <p style="margin-top:18px;margin-bottom:0px; margin-left:4%"> <font style="font-family:Times New Roman" size="2"><i>Major Clients and Concentration of Credit Risk</i></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">Sales to one client, Hewlett-Packard, accounted for approximately 29%, 31%, and 29% of the Company&#x2019;s consolidated net revenue for the fiscal years ended July&#xA0;31, 2013, 2012, and 2011, respectively. To manage risk, the Company performs ongoing credit evaluations of its clients&#x2019; financial condition. The Company generally does not require collateral on accounts receivable. The Company maintains an allowance for doubtful accounts based on its assessment of the collectability of accounts receivable.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">Financial instruments which potentially subject the Company to concentrations of credit risk are cash, cash equivalents, available-for-sale securities and accounts receivable. The Company&#x2019;s cash equivalent portfolio is diversified and consists primarily of short-term investment grade securities placed with high credit quality financial institutions.</font></p> </div>
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.84
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0205 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
8.02
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3400000 shares
CY2013 us-gaap Use Of Estimates
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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2"><i>Use of Estimates</i></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 the Company&#x2019;s consolidated 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. On an ongoing basis the Company evaluates its estimates including those related to revenue recognition, inventories, investments, intangible assets, income taxes, restructuring, valuation of long-lived assets, impairments, contingencies and litigation. Accounting estimates are based on historical experience and various assumptions that are considered reasonable under the circumstances. However, because these estimates inherently involve judgments and uncertainties, actual results could differ materially from those estimated.</font></p> </div>
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.86
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.0343 pure
CY2013 us-gaap Defined Benefit Plan Target Plan Asset Allocations
DefinedBenefitPlanTargetPlanAssetAllocations
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CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2137000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.21
CY2013 us-gaap Conversion Of Stock Shares Issued1
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300000 shares
CY2013 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1387000 shares
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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46000
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46654000 shares
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1025000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-42872000
CY2013 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2642000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7321000
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
300000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-35551000
CY2013 us-gaap Stock Issued During Period Value New Issues
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27675000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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7296000
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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P3Y15D
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
101000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
267000 shares
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.02
CY2013 us-gaap Number Of Operating Segments
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5 Segment
CY2013 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
538000
CY2013 us-gaap Payments For Restructuring
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10946000
CY2013 us-gaap Sales Revenue Net
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754504000
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
691000
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
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33000
CY2013 us-gaap Payments To Acquire Businesses And Interest In Affiliates
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1712000
CY2013 us-gaap Income Taxes Paid Net
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4632000
CY2013 us-gaap Other Comprehensive Income Other Net Of Tax
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-689000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2013 us-gaap Gain Loss On Sale Of Other Assets
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-100000
CY2013 us-gaap Gain Loss On Sale Of Investments
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28000
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504000
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CY2013 us-gaap Interest Paid
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30000
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2564000
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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3057000
CY2013 us-gaap Increase Decrease In Accounts Receivable
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CY2013 us-gaap Increase Decrease In Other Operating Capital Net
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787000
CY2013 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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1222000
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600000
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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4592000
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79000
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133000
CY2013 us-gaap Comprehensive Income Net Of Tax
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74370000
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594000
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69000
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800000
CY2013 us-gaap Payments For Repurchase Of Common Stock
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158000
CY2013 us-gaap Foreign Currency Transaction Gain Loss Realized
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296000
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60000
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2272000
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2308000
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26041000
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CY2013 us-gaap Defined Benefit Plan Amount To Be Amortized From Accumulated Other Comprehensive Income Loss Next Fiscal Year
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100000
CY2013 us-gaap Defined Benefit Plan Curtailments
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2258000
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115000
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207000
CY2013 us-gaap Share Based Compensation
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2308000
CY2013 us-gaap Provision For Doubtful Accounts
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146000
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25547000
CY2013 us-gaap Defined Benefit Plan Benefits Paid
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260000
CY2013 us-gaap Proceeds From Sale Of Foreclosed Assets
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100000
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25200000
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96000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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644000
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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212000
CY2013 us-gaap Current Federal Tax Expense Benefit
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100000
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3779000
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606000
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172000
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368000
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27675000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2013 us-gaap Defined Benefit Plan Interest Cost
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728000
CY2013 us-gaap Cost Of Revenue
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353000
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2800000
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1133000
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4307000
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4307000
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831000
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254000
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-12520000
CY2012Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-12341000
CY2012Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
559000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
-12876000
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
27929000
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
380000
CY2012Q1 us-gaap Cost Of Revenue
CostOfRevenue
154026000
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.29
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.29
CY2012Q4 us-gaap Gross Profit
GrossProfit
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CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-7271000
CY2012Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2012Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1651000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
25895000
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
909000
CY2012Q4 us-gaap Cost Of Revenue
CostOfRevenue
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CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-133000
CY2013Q1 us-gaap Gross Profit
GrossProfit
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CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2013Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-12417000
CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3217000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
-12550000
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
28804000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
674000
CY2013Q1 us-gaap Cost Of Revenue
CostOfRevenue
183158000
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.34
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.46
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.12
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
173129000
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-5346000
CY2012Q3 us-gaap Gross Profit
GrossProfit
11450000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-18054000
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-14895000
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5145000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-20241000
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
29504000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1986000
CY2012Q3 us-gaap Cost Of Revenue
CostOfRevenue
161679000
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.17
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
181001000
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-6000
CY2013Q3 us-gaap Gross Profit
GrossProfit
20093000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-8835000
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1356000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-8841000
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
25768000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1804000
CY2013Q3 us-gaap Cost Of Revenue
CostOfRevenue
160908000

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