2010 had just one $20M continuity payment recorded in the wrong quarter. They still paid their liability of $20M. One quarter will have less earnings and the other quuarter will have more earnings. If they paid the $20M in 2010, the net earnings for the year 2010 should be the same (only the two quarters will be adjusted). Same thing goes for the $60M for 2011. They still paid their liabilities.
That's what the company is saying, but the shorts are betting there are many more accounting problems. No one knows for sure, but I'm long because the P/E is great and this stock already has suffered quite a drop in price. They also have great, well known products and are in an industry that has a lot of acquisitions going on. It could be the perfect storm for price appreciation.
.....now let the shorts reply, screaming their insults in CAPITAL LETTERS!