2011 Q4 Form 10-K Financial Statement

#000104746913010200 Filed on November 04, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2011 Q2
Revenue $191.7M $268.0M $264.8M
YoY Change -36.06% -3.3% 20.75%
Cost Of Revenue $108.6M $143.0M $129.5M
YoY Change -24.9% 2.38% 8.7%
Gross Profit $83.09M $124.9M $135.3M
YoY Change -46.46% -9.07% 35.08%
Gross Profit Margin 43.35% 46.62% 51.11%
Selling, General & Admin $21.20M $23.57M $27.46M
YoY Change -24.01% 1.15% 50.06%
% of Gross Profit 25.52% 18.87% 20.29%
Research & Development $26.70M $26.40M $23.65M
YoY Change 50.0% 72.58% 116.99%
% of Gross Profit 32.13% 21.13% 17.47%
Depreciation & Amortization $3.600M $3.500M $3.100M
YoY Change 44.0% 105.88% -6.06%
% of Gross Profit 4.33% 2.8% 2.29%
Operating Expenses $49.00M $51.05M $52.38M
YoY Change 8.89% 30.23% 71.73%
Operating Profit $34.09M $73.88M $82.97M
YoY Change -69.07% -24.76% 19.04%
Interest Expense $300.0K $200.0K -$100.0K
YoY Change -121.43% -112.5% -94.44%
% of Operating Profit 0.88% 0.27% -0.12%
Other Income/Expense, Net
YoY Change
Pretax Income $32.50M $74.13M $79.84M
YoY Change -70.13% -23.18% 17.41%
Income Tax $8.900M $21.51M $23.52M
% Of Pretax Income 27.38% 29.02% 29.46%
Net Earnings $20.30M $35.90M $19.21M
YoY Change -89.71% -58.35% -63.35%
Net Earnings / Revenue 10.59% 13.4% 7.25%
Basic Earnings Per Share $0.53 $0.91 $0.47
Diluted Earnings Per Share $0.52 $0.90 $0.45
COMMON SHARES
Basic Shares Outstanding 38.21M shares 39.34M shares 41.00M shares
Diluted Shares Outstanding 38.77M shares 40.07M shares 43.00M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $491.5M $426.0M $578.2M
YoY Change -23.12% -2.14% 39.36%
Cash & Equivalents $217.9M $213.2M $197.7M
Short-Term Investments $273.6M $212.7M $380.5M
Other Short-Term Assets $54.60M $92.30M $133.7M
YoY Change -56.04% -49.23% 510.5%
Inventory $113.4M $127.5M $113.3M
Prepaid Expenses
Receivables $95.04M $115.2M $128.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $754.5M $761.0M $953.2M
YoY Change -26.21% -8.0% 44.05%
LONG-TERM ASSETS
Property, Plant & Equipment $86.07M $76.20M $62.40M
YoY Change 103.47% 67.47% 5.58%
Goodwill $55.83M
YoY Change
Intangibles $25.88M
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.74M $13.70M $9.300M
YoY Change -3.23% 1422.22% 933.33%
Total Long-Term Assets $88.41M $173.2M $167.2M
YoY Change 108.9% 48.67% 15.55%
TOTAL ASSETS
Total Short-Term Assets $754.5M $761.0M $953.2M
Total Long-Term Assets $88.41M $173.2M $167.2M
Total Assets $936.1M $934.2M $1.120B
YoY Change -18.46% -1.01% 38.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.40M $44.80M $60.00M
YoY Change 25.46% 0.0% 17.65%
Accrued Expenses $106.6M $135.0M $195.0M
YoY Change -41.73% -29.72% 23.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $248.0K $200.0K $200.0K
YoY Change -99.76% 0.0% 0.0%
Total Short-Term Liabilities $167.5M $195.7M $268.8M
YoY Change -56.21% -34.55% 16.06%
LONG-TERM LIABILITIES
Long-Term Debt $2.406M $2.500M $2.500M
YoY Change -10.89% -97.58% -97.56%
Other Long-Term Liabilities $640.0K $800.0K $300.0K
YoY Change 60.0% 166.67% -25.0%
Total Long-Term Liabilities $3.046M $3.300M $2.800M
YoY Change -1.74% -96.81% -97.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $167.5M $195.7M $268.8M
Total Long-Term Liabilities $3.046M $3.300M $2.800M
Total Liabilities $175.5M $199.0M $271.6M
YoY Change -54.46% -50.91% -18.78%
SHAREHOLDERS EQUITY
Retained Earnings $265.3M
YoY Change
Common Stock $688.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $200.2M
YoY Change
Treasury Stock Shares 5.279M shares
Shareholders Equity $760.5M $735.3M $848.8M
YoY Change
Total Liabilities & Shareholders Equity $936.1M $934.2M $1.120B
YoY Change -18.46% -1.01% 38.94%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income $20.30M $35.90M $19.21M
YoY Change -89.71% -58.35% -63.35%
Depreciation, Depletion And Amortization $3.600M $3.500M $3.100M
YoY Change 44.0% 105.88% -6.06%
Cash From Operating Activities $55.30M -$15.20M $400.0K
YoY Change 777.78% -119.26% -99.4%
INVESTING ACTIVITIES
Capital Expenditures -$12.90M -$16.20M -$21.90M
YoY Change 377.78% 671.43% 346.94%
Acquisitions
YoY Change
Other Investing Activities -$38.90M $199.1M $38.70M
YoY Change -34.29% -249.59% -62.06%
Cash From Investing Activities -$51.80M $182.9M $16.80M
YoY Change -16.18% -235.18% -82.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $154.3M $7.800M
YoY Change -639.51% 27.87%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.300M -152.4M -97.40M
YoY Change -90.46% 431.01% -2805.56%
NET CHANGE
Cash From Operating Activities 55.30M -15.20M 400.0K
Cash From Investing Activities -51.80M 182.9M 16.80M
Cash From Financing Activities 2.300M -152.4M -97.40M
Net Change In Cash 5.800M 15.30M -80.20M
YoY Change -118.47% -117.98% -147.77%
FREE CASH FLOW
Cash From Operating Activities $55.30M -$15.20M $400.0K
Capital Expenditures -$12.90M -$16.20M -$21.90M
Free Cash Flow $68.20M $1.000M $22.30M
YoY Change 657.78% -98.77% -69.07%

Facts In Submission

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<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><i>Use of Estimates</i></font></p> <p style="FONT-FAMILY: times;"><font size="2">The preparation of financial statements in conformity with U.S.&#160;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. Significant estimates made by management include: the best estimate of selling price for our products and services; allowance for doubtful accounts; inventory valuation; recoverability and useful lives of property, plant and equipment and identifiable intangible assets; investment valuations; fair value of derivatives; recoverability of goodwill and long lived assets; recoverability of deferred tax assets; liabilities for product warranty; accruals for contingencies; equity-based payments, including forfeitures and performance based vesting; and liabilities for tax uncertainties. Actual results could differ from those estimates.</font></p> </div>
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CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-482000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
727000 USD
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1638000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1883000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11657000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13366000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-89000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
622000 USD
CY2012 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
489000 USD
CY2012 veco Income Tax Reconciliation Nondeductible Expense Nondeductible Compensation
IncomeTaxReconciliationNondeductibleExpenseNondeductibleCompensation
205000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
3013000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2943000 USD
CY2012 veco Income Tax Reconciliation Change In Accrual For Unrecognized Tax Benefits
IncomeTaxReconciliationChangeInAccrualForUnrecognizedTaxBenefits
-533000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2387000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-34000 USD
CY2012 us-gaap Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
1900000 USD
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2100000 USD
CY2012Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
6386000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
59921000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
10714000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
805000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
71440000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10454000 USD
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1073000 USD
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
763000 USD
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10144000 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81584000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-24000 USD
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
42324000 USD
CY2010 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7720000 USD
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5215000 USD
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
55259000 USD
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-32033000 USD
CY2010 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
239000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
95231000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1616000 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-749000 USD
CY2011 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
4581000 USD
CY2011 veco Income Tax Reconciliation Nondeductible Expense Nondeductible Compensation
IncomeTaxReconciliationNondeductibleExpenseNondeductibleCompensation
841000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
4675000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
121000 USD
CY2011 veco Income Tax Reconciliation Change In Accrual For Unrecognized Tax Benefits
IncomeTaxReconciliationChangeInAccrualForUnrecognizedTaxBenefits
-824000 USD
CY2011 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-5225000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1819000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
9973000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
48000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
1095000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
7014000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
18082000 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4203000 USD
CY2012Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
96400000 USD
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2900000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3660000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1069000 USD
CY2011 us-gaap Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
-29400000 USD
CY2010 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
103838000 USD
CY2010 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6379000 USD
CY2010 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
333000 USD
CY2010 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
6365000 USD
CY2010 veco Income Tax Reconciliation Nondeductible Expense Nondeductible Compensation
IncomeTaxReconciliationNondeductibleExpenseNondeductibleCompensation
2840000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1823000 USD
CY2010 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-83079000 USD
CY2010 veco Income Tax Reconciliation Change In Accrual For Unrecognized Tax Benefits
IncomeTaxReconciliationChangeInAccrualForUnrecognizedTaxBenefits
1076000 USD
CY2010 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-5280000 USD
CY2010 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3738000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10400000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
1144000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
4145000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
2174000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
9114000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
3270000 USD
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
760000 USD
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
26993000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4708000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
22285000 USD
CY2011Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
5468000 USD
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
1082000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3015000 USD
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
89000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
3044000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
5821000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
2373000 USD
CY2011Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1636000 USD
CY2011Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
22528000 USD
CY2011Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1765000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
20763000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
9818000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
974000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4115000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
14907000 USD
CY2011Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
5856000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1209000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
422000 USD
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
586000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
182000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4748000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
435000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
742000 USD
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
59000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5818000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
200000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
500000 USD
CY2012 veco Income Tax Examination Number Of States Under Examination
IncomeTaxExaminationNumberOfStatesUnderExamination
2 state
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012 us-gaap Restructuring Charges
RestructuringCharges
3813000 USD
CY2011 us-gaap Restructuring Charges
RestructuringCharges
1288000 USD
CY2012Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
15100000 USD
CY2012Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1875000 USD
CY2010 veco Restructuring Charges Excluding Equity Compensation Related Costs
RestructuringChargesExcludingEquityCompensationRelatedCosts
-87000 USD
CY2011 veco Restructuring Charges Excluding Equity Compensation Related Costs
RestructuringChargesExcludingEquityCompensationRelatedCosts
1034000 USD
CY2010 veco Restructuring Reserve Reclassification Transfer From Noncurrent
RestructuringReserveReclassificationTransferFromNoncurrent
659000 USD
CY2011 veco Restructuring Reserve Reclassification Transfer From Noncurrent
RestructuringReserveReclassificationTransferFromNoncurrent
58000 USD
CY2010 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
2137000 USD
CY2011 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
850000 USD
CY2011 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
504801000 USD
CY2011 us-gaap Gross Profit
GrossProfit
474334000 USD
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
95134000 USD
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
96596000 USD
CY2011 us-gaap Operating Expenses
OperatingExpenses
198075000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
276259000 USD
CY2012 veco Restructuring Charges Excluding Equity Compensation Related Costs
RestructuringChargesExcludingEquityCompensationRelatedCosts
2693000 USD
CY2012 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
1774000 USD
CY2010 veco Restructuring Reserve Reclassification Transfer To Current
RestructuringReserveReclassificationTransferToCurrent
659000 USD
CY2011 veco Restructuring Reserve Reclassification Transfer To Current
RestructuringReserveReclassificationTransferToCurrent
58000 USD
CY2012Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
900000 USD
CY2012Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
0 USD
CY2012 veco Environmental Remediation Exposure Maximum
EnvironmentalRemediationExposureMaximum
250000 USD
CY2012 veco Environmental Remediation Indemnification Threshold Minimum
EnvironmentalRemediationIndemnificationThresholdMinimum
250000 USD
CY2011Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
95038000 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
63169000 USD
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
979135000 USD
CY2010 us-gaap Sales Revenue Net
SalesRevenueNet
930892000 USD
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
516020000 USD
CY2010Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
42320000 USD
CY2011Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
88408000 USD
CY2012Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
98302000 USD
CY2012 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2010 veco Income Loss From Continuing Operations Before Interest Income Taxes Amortization And Others Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxesAmortizationAndOthersMinorityInterestAndIncomeLossFromEquityMethodInvestments
315546000 USD
CY2011 veco Income Loss From Continuing Operations Before Interest Income Taxes Amortization And Others Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxesAmortizationAndOthersMinorityInterestAndIncomeLossFromEquityMethodInvestments
296430000 USD
CY2012 veco Income Loss From Continuing Operations Before Interest Income Taxes Amortization And Others Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxesAmortizationAndOthersMinorityInterestAndIncomeLossFromEquityMethodInvestments
62098000 USD
CY2010 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6572000 USD
CY2011 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-824000 USD
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
974000 USD
CY2010 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3703000 USD
CY2011 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4734000 USD
CY2011 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
261000 USD
CY2010 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-13000 USD
CY2012 veco Proceeds From Sale Of Assets From Discontinued Segment
ProceedsFromSaleOfAssetsFromDiscontinuedSegment
3758000 USD
CY2012 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.69
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.11
CY2012 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.68
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.11
CY2011 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-824000 USD
CY2011 us-gaap Investment Income Interest
InvestmentIncomeInterest
3776000 USD
CY2011 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
190502000 USD
CY2011 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-91885000 USD
CY2011 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-29370000 USD
CY2011 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
4.80
CY2010 veco Proceeds From Sale Of Assets From Discontinued Segment
ProceedsFromSaleOfAssetsFromDiscontinuedSegment
-492000 USD
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-1.57
CY2011 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.63
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-1.52
CY2010 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1490000 USD
CY2010 us-gaap Operating Income Loss
OperatingIncomeLoss
303253000 USD
CY2010 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-6572000 USD
CY2010 us-gaap Investment Income Interest
InvestmentIncomeInterest
1629000 USD
CY2010 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
277176000 USD
CY2010 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
129776000 USD
CY2010 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
45192000 USD
CY2010 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
7.02
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
2.14
CY2010 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
6.52
CY2010 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.99
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-68000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
314000 USD
CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-271000 USD
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4908000 USD
CY2012 us-gaap Interest Expense
InterestExpense
1502000 USD
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14300000 USD
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2011 us-gaap Asset Impairment Charges
AssetImpairmentCharges
584000 USD
CY2012 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1335000 USD
CY2012Q4 veco Unused Lines Of Credit And Bank Guarantees
UnusedLinesOfCreditAndBankGuarantees
30500000 USD
CY2012 veco Foreign Income Tax Expense Benefit Additional
ForeignIncomeTaxExpenseBenefitAdditional
4000000 USD
CY2011 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3349000 USD
CY2012Q4 veco Taxes Payable Non Current
TaxesPayableNonCurrent
4000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
38186000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12892000 USD
CY2010 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10789000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16192000 USD
CY2010 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10724000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60364000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24994000 USD
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2012 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2011Q2 dei Entity Public Float
EntityPublicFloat
1376219104 USD
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
39246279 shares
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
384557000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2017000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
32155000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Current
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10545000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
744484000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
935000 USD
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
20974000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16781000 USD
CY2012Q4 us-gaap Assets
Assets
937304000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
26087000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
175543000 USD
CY2012 us-gaap Other Expenses
OtherExpenses
976000 USD
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
74260000 USD
CY2012Q4 us-gaap Deferred Revenue
DeferredRevenue
9380000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2292000 USD
CY2011 us-gaap Interest Expense
InterestExpense
4600000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
112287000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
7137000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4530000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
393000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
708723000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
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43000 USD
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120000 USD
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30311000 USD
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6701000 USD
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4942000 USD
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5400000 USD
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4100000 USD
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1400000 USD
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CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2011Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2011Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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2341000 USD
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127987000 USD
CY2010 us-gaap Net Income Loss Available To Common Stockholders Basic
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361760000 USD
CY2012 veco Minimum Number Of Multiple Element Arrangements Examined
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100 Item
CY2012 veco Percentage Of Retention Revenue
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47000 USD
CY2011Q4 veco Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustments Before Tax
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8111000 USD
CY2011Q4 veco Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Before Tax
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1069000 USD
CY2012 veco Product Warranty Period
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P1Y
CY2012 us-gaap Prior Period Reclassification Adjustment
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1047000 USD
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218000 USD
CY2011Q4 veco Accumulated Other Comprehensive Income Loss Before Taxes
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7260000 USD
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-79000 USD
CY2011 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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-670000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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7089000 USD
CY2012 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
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310000 USD
CY2009Q4 us-gaap Restructuring Reserve Noncurrent
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765000 USD
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972000 USD
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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-388000 USD
CY2011 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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688000 USD
CY2010 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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-1322000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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638000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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139000 USD
CY2012Q4 veco Selling Price Of Product From Which Substantial Revenue Is Derived Maximum
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8000000 USD
CY2012Q3 us-gaap Restructuring Charges
RestructuringCharges
2000000 USD
CY2012Q4 us-gaap Restructuring Charges
RestructuringCharges
1800000 USD
CY2011Q3 veco Discontinued Operation Income Tax Expense Benefit Overstatement
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CY2012Q3 veco Increase Decrease In Inventory Valuation Reserves
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7200000 USD
CY2012Q4 us-gaap Inventory Write Down
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1800000 USD
CY2012 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-292000 USD
CY2011 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1561000 USD
CY2012 veco Equity Based Compensation Segments Nonrestructuring
EquityBasedCompensationSegmentsNonrestructuring
13854000 USD
CY2011 veco Equity Based Compensation Segments Nonrestructuring
EquityBasedCompensationSegmentsNonrestructuring
12807000 USD
CY2010 veco Equity Based Compensation Segments Nonrestructuring
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8769000 USD
CY2010 us-gaap Other Expenses
OtherExpenses
-179000 USD
CY2011 us-gaap Other Expenses
OtherExpenses
758000 USD
CY2010 us-gaap Restructuring Charges
RestructuringCharges
-179000 USD

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