Annual report pursuant to section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v2.3.0.11
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Net revenues $ 118,610 $ 97,790 $ 92,393
Cost of goods sold 89,822 77,175 67,912
Gross profit 28,788 20,615 24,481
Selling, general and administrative expenses 15,564 13,361 14,422
Research and development 1,502 921 609
Loss (gain) on disposal of property and equipment (15) 138 (7)
Income from operations 11,737 6,195 9,457
Other income (expense):      
Interest income 58 65 145
Interest expense (657) (755) (1,639)
Interest expense - financing fees (207) (412) (283)
Loss on extinguishment of debt (91) 0 0
Other 5 24 21
Income from continuing operations before income taxes 10,845 5,117 7,701
Income tax expense (benefit) (955) 1,846 (1,986)
Income from continuing operations 11,800 3,271 9,687
Income (loss) from discontinued operations, net of taxes 777 (663) (65)
Gain on disposal of discontinued operations, net of taxes 1,509 0 0
Net income 14,086 2,608 9,622
Less: net income attributable to noncontrolling interest 22 0 0
Net income attributable to Perma-Fix Environmental Services, Inc., common stockholders $ 14,064 $ 2,608 $ 9,622
Net income (loss) per common share attributable to Perma-Fix Environmental Services, Inc. stockholders - basic:      
Continuing operations (in dollars per share) $ 0.21 $ 0.06 $ 0.18
Discontinued operations (in dollars per share) $ 0.01 $ (0.01) $ 0
Disposal of discontinued operations (in dollars per share) $ 0.03 $ 0 $ 0
Net income per common share (in dollars per share) $ 0.25 $ 0.05 $ 0.18
Net income (loss) per common share attributable to Perma-Fix Environmental Services, Inc. stockholders - diluted:      
Continuing operations (in dollars per share) $ 0.21 $ 0.06 $ 0.18
Discontinued operations (in dollars per share) $ 0.01 $ (0.01) $ 0
Disposal of discontinued operations (in dollars per share) $ 0.03 $ 0 $ 0
Net income per common share (in dollars per share) $ 0.25 $ 0.05 $ 0.18
Number of common shares used in computing net income (loss) per share:      
Basic (in shares) 55,295 54,947 54,238
Diluted (in shares) 55,317 55,030 54,526