| In millions, except per share items | Sep-30-09 | Jun-30-09 | Mar-31-09 | Dec-31-08 | Sep-30-08 | Jun-30-08 | Mar-31-08 | Dec-31-07 |
| | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
| Revenues: |
| Lasers | | | 3.5 | | | | 4.1 | |
| Photonic Products | 1.6 | | 1.9 | | 2.3 | | 3.0 | 2.7 |
| Optical Components | | 0.8 | 1.0 | 1.1 | | 0.8 | 0.9 | 0.8 |
| Other | 0.8 | 5.2 | | 5.9 | 1.4 | 7.7 | | 4.0 |
| Total revenues | 2.3 | 6.0 | 6.3 | 7.0 | 3.7 | 8.5 | 8.1 | 7.5 |
| Revenue growth [+] | -37.0% | -29.6% | -21.6% | -6.8% | -53.0% | 23.0% | 7.8% | |
| Lasers | | | -15.3% | | | | | |
| Photonic Products | -33.5% | | -38.5% | | -8.3% | | 20.5% | |
| Optical Components | | 1.2% | 5.9% | 33.9% | | 12.9% | 13.5% | |
| Cost of goods sold | 1.6 | 4.0 | 3.9 | 4.6 | 2.4 | 5.6 | 5.6 | 6.0 |
| Gross profit | 0.7 | 2.0 | 2.4 | 2.4 | 1.3 | 2.9 | 2.5 | 1.5 |
| Gross margin | 30.6% | 33.7% | 37.8% | 34.8% | 36.1% | 34.0% | 30.5% | 20.1% |
| Selling, general and administrative [+] | 1.3 | 2.0 | 2.4 | 2.2 | 2.4 | 3.4 | 2.9 | 3.4 |
| Sales and marketing | 0.4 | 0.7 | 0.8 | 0.9 | 0.4 | 0.9 | 1.1 | 1.6 |
| General and administrative | 0.9 | 1.3 | 1.6 | 1.3 | 2.0 | 2.4 | 1.8 | 1.8 |
| Research and development | 0.2 | 0.7 | 0.7 | 0.6 | 0.1 | 0.8 | 0.8 | 1.0 |
| Other operating expenses | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
| EBITDA [+] | -1.3 | -0.2 | -0.3 | 0.2 | -1.8 | -0.8 | -0.7 | -2.3 |
| EBITDA growth | -26.0% | -69.9% | -60.4% | -107.5% | 11012.5% | 50.5% | 198.2% | |
| EBITDA margin | -56.1% | -3.8% | -4.2% | 2.4% | -47.8% | -8.9% | -8.4% | -30.6% |
| Depreciation | -0.6 | 0.5 | 0.4 | 0.5 | -0.6 | 0.5 | 0.5 | 0.5 |
| EBITA | -0.8 | -0.7 | -0.7 | -0.4 | -1.2 | -1.3 | -1.2 | -2.8 |
| EBITA margin | -32.6% | -11.8% | -11.2% | -5.3% | -31.7% | -14.9% | -14.8% | -37.6% |
| Amortization of intangibles | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
| EBIT [+] | -1.0 | -0.9 | -0.9 | -0.6 | -1.4 | -1.6 | -1.5 | -3.2 |
| EBIT growth | -31.6% | -41.5% | -41.0% | -81.6% | 68.4% | 21.1% | 52.7% | |
| EBIT margin | -41.0% | -15.3% | -14.3% | -8.3% | -37.8% | -18.4% | -18.9% | -42.0% |
| Non-recurring items | | | | 0.0 | | | | |
| Interest expense | 0.0 | 0.3 | 0.3 | 0.4 | 0.0 | 0.3 | 0.3 | 0.3 |
| Interest expense | 0.0 | 0.3 | 0.3 | 0.4 | 0.0 | 0.3 | 0.3 | 0.3 |
| Other income (expense), net | -0.6 | 0.7 | -0.6 | -2.0 | -2.1 | -0.5 | -0.4 | -0.1 |
| Pre-tax income | -1.6 | -0.6 | -1.8 | -2.9 | -3.5 | -2.3 | -2.2 | -3.6 |
| Income taxes | -0.2 | 0.2 | -0.2 | -0.2 | -0.1 | -0.1 | -0.1 | -0.2 |
| Tax rate | 12.6% | | 9.7% | 5.6% | 2.3% | 2.6% | 2.7% | 6.5% |
| Earnings from continuing ops | -1.4 | -0.7 | -1.6 | -2.8 | -3.4 | -2.3 | -2.2 | -3.4 |
| Earnings from discontinued ops | | | 0.0 | 0.0 | | 0.0 | 0.0 | 0.0 |
| Net income | -1.5 | -0.7 | -1.6 | -2.7 | -3.1 | -2.3 | -2.2 | -3.4 |
| Net margin | -61.8% | -11.9% | -25.4% | -38.9% | -83.2% | -26.7% | -26.9% | -44.6% |
| |
| Basic EPS [+] | ($0.03) | ($0.02) | ($0.04) | ($0.07) | ($0.09) | ($0.06) | ($0.06) | ($0.10) |
| Growth | -63.2% | -73.0% | -36.4% | -26.1% | 130.1% | -4.9% | 22.9% | |
| Diluted EPS [+] | ($0.03) | ($0.02) | ($0.04) | ($0.07) | ($0.09) | ($0.06) | ($0.06) | ($0.10) |
| Growth | -63.2% | -73.0% | -36.4% | -26.1% | 130.1% | -4.9% | 22.9% | |
| |
| Shares outstanding (basic) [+] | 44.1 | 43.7 | 42.6 | 38.5 | 39.2 | 37.6 | 36.7 | 34.9 |
| Growth | 12.6% | 16.3% | 16.1% | 10.3% | 11.6% | 9.7% | 7.9% | |
| Shares outstanding (diluted) [+] | 44.1 | 43.7 | 42.6 | 38.5 | 39.2 | 37.6 | 36.7 | 34.9 |
| Growth | 12.6% | 16.3% | 16.1% | 10.3% | 11.6% | 9.7% | 7.9% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |