|
Condensed Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
|
3 Months Ended |
6 Months Ended |
|
Jun. 30, 2012
|
Jul. 02, 2011
|
Jun. 30, 2012
|
Jul. 02, 2011
|
| Operating expenses: |
|
|
|
|
| General and administrative |
$ 5,087 |
$ 6,142 |
$ 10,683 |
$ 12,275 |
| Restructuring credit |
|
|
|
(1,076) |
| Total operating expenses |
5,087 |
6,142 |
10,683 |
11,199 |
| Net gains on sales of wireless spectrum licenses |
71 |
251 |
100 |
253 |
| Loss from operations |
(5,016) |
(5,891) |
(10,583) |
(10,946) |
| Other income (expense): |
|
|
|
|
| Interest income |
10 |
14 |
26 |
29 |
| Interest expense |
(43,111) |
(61,743) |
(84,668) |
(120,245) |
| Other income (expense), net |
(4) |
(3) |
(4) |
1,252 |
| Total other expense, net |
(43,105) |
(61,732) |
(84,646) |
(118,964) |
| Loss from continuing operations before income taxes |
(48,121) |
(67,623) |
(95,229) |
(129,910) |
| Income tax benefit |
210 |
1,659 |
397 |
1,820 |
| Net loss from continuing operations |
(47,911) |
(65,964) |
(94,832) |
(128,090) |
| Income from discontinued operations before income taxes, net of gains on divestitures of discontinued operations of $3, $465, $19,862 and $2,120, respectively |
171 |
912 |
20,013 |
2,674 |
| Income tax provision |
(54) |
(333) |
(1,460) |
(976) |
| Net income from discontinued operations |
117 |
579 |
18,553 |
1,698 |
| Net loss |
(47,794) |
(65,385) |
(76,279) |
(126,392) |
| Other comprehensive loss: |
|
|
|
|
| Net loss |
(47,794) |
(65,385) |
(76,279) |
(126,392) |
| Foreign currency translation adjustment transferred to earnings upon substantial liquidation of foreign entities |
|
|
(17,578) |
1,305 |
| Foreign currency translation adjustment |
(909) |
317 |
(192) |
1,368 |
| Total other comprehensive loss |
(48,703) |
(65,068) |
(94,049) |
(123,719) |
| Amounts attributed to net income (loss) per common share: |
|
|
|
|
| Net loss from continuing operations |
(47,911) |
(65,964) |
(94,832) |
(128,090) |
| Net income from discontinued operations |
117 |
579 |
18,553 |
1,698 |
| Net loss |
$ (47,794) |
$ (65,385) |
$ (76,279) |
$ (126,392) |
| Net income (loss) per common share-basic and diluted |
|
|
|
|
| Continuing operations |
$ (1.98) |
$ (2.71) |
$ (3.94) |
$ (5.28) |
| Discontinued operations |
|
$ 0.02 |
$ 0.77 |
$ 0.07 |
| Net loss |
$ (1.98) |
$ (2.69) |
$ (3.17) |
$ (5.21) |
| Weighted-average shares used in per share calculation |
24,127 |
24,279 |
24,097 |
24,279 |