Condensed Consolidated Statements of Operations | |
Net sales (includes income from Suntech agreement of $149.4 for the three and six months ended June 30, 2011 - see Note 15) | 476M |
Cost of goods sold (includes take or pay charges of $52.4 for the three and six months ended June 30, 2011 - see Note 16) | |
Gross profit | 111M |
Operating expenses: | |
Marketing and administration | 296M |
Research and development | |
Restructuring and impairment charges | |
Insurance recovery | |
Operating income (loss) | -250M |
Non-operating expense (income): | |
Interest expense | 214M |
Interest income | -2M |
Decline in fair value of warrant | |
Other, net | -51M |
Total non-operating expense | 117M |
Income (loss) before income taxes benefit and equity in earnings of joint venture | -367M |
Income tax expense (benefit) | -35M |
Income (loss) before equity in earnings of joint venture | |
Equity in earnings of joint venture, net of tax | 1M |
Net income | -328M |
Net income attributable to noncontrolling interests | 44M |
Net income attributable to MEMC stockholders | -284M |
Basic income per share | -0.91 |
Diluted income per share | |
Weighted-average shares used in computing basic income per share | |
Weighted-average shares used in computing diluted income per share |