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Income Statement
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COLUMBUS ACQUISITION CORP (BUS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-08Dec-31-07
   10-K10-K
Revenues  2.33.4
            Revenue growth  -34.0% 
Cost of goods sold  0.00.0
Gross profit  2.33.4
            Gross margin  100.0%100.0%
EBIT  0.00.0
            EBIT margin  0.0%0.0%
Other income (expense), net  -0.23.0
Pre-tax income  -0.23.0
Income taxes  0.21.4
            Tax rate   47.9%
Net income  -0.41.6
            Net margin  -16.4%45.6%
   
Basic EPS   [+]($0.02)$0.13
Diluted EPS   [+]($0.02)$0.13
   
Shares outstanding (basic)   [+]17.512.1
Shares outstanding (diluted)   [+]17.512.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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