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Income Statement
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Op Efficiency
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BLUEFLY INC (BFLY)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06
   10-K10-K10-K10-K10-K10-K10-K
Revenues   [+]93.496.388.681.295.891.577.1
            Revenue growth  -2.9%8.7%9.0%-15.2%4.7%18.7% 
Cost of goods sold  77.368.055.449.760.358.846.2
Gross profit  16.128.333.231.635.532.730.9
            Gross margin  17.2%29.4%37.5%38.9%37.1%35.8%40.1%
Selling, general and administrative   [+]39.839.437.034.246.348.843.0
EBITDA   [+]-20.3-8.8-1.30.3-8.4-14.3-10.6
            EBITDA margin  -21.7%-9.1%-1.5%0.3%-8.7%-15.7%-13.7%
Depreciation and amortization  3.52.32.52.92.51.71.5
EBIT   [+]-23.7-11.1-3.8-2.7-10.8-16.1-12.1
            EBIT margin  -25.4%-11.5%-4.3%-3.3%-11.3%-17.6%-15.7%
Interest expense, net   [+]    0.50.20.1
Other income (expense), net  -1.2-0.3-0.2-1.7 0.5 
Pre-tax income  -24.9-11.4-4.0-4.4-11.3-15.8-12.2
Income taxes  -0.1-0.40.00.00.00.00.0
            Tax rate  0.5%3.9%0.0%0.0%0.0%0.0%0.0%
Minority interest  -0.1-0.4     
Net income  -24.8-11.0-4.0-4.4-12.1-15.9-18.3
            Net margin  -26.5%-11.4%-4.6%-5.4%-12.6%-17.3%-23.7%
   
Basic EPS   [+]($0.87)($0.43)($0.17)($0.31)($0.90)($1.21)($2.28)
Diluted EPS   [+]($0.87)($0.43)($0.17)($0.31)($0.90)($1.21)($2.28)
   
Shares outstanding (basic)   [+]28.625.823.714.013.413.18.0
Shares outstanding (diluted)   [+]28.625.823.714.013.413.18.0
   
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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