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IRC Retail Centers Inc (IRC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  57.457.948.734.836.642.1166.1185.9
            Revenue growth  -0.8%18.9%40.0%-4.9%-13.2%-74.6%-10.6%0.7%
Cost of goods sold  -146.5-146.9-134.7-116.8-118.6-119.959.459.3
Gross profit  203.9204.8183.4151.6155.2162.1106.8126.6
            Gross margin  354.9%353.7%376.6%435.9%424.4%384.5%64.3%68.1%
Selling, general and administrative   [+]28.623.220.417.614.713.712.613.0
Equity in earnings        -16.54.7
EBITDA   [+]175.3182.4175.4142.6142.0131.679.5120.3
            EBITDA margin  305.2%315.0%360.3%410.1%388.5%312.2%47.8%64.7%
Depreciation  135.9143.6138.3107.997.388.946.945.3
EBITA  39.438.837.134.744.742.632.674.9
            EBITA margin  68.6%67.0%76.3%99.9%122.3%101.2%19.6%40.3%
Amortization of intangibles   0.30.3  0.2  
EBIT   [+]39.438.536.934.744.742.532.674.9
            EBIT margin  68.6%66.6%75.7%99.9%122.3%100.8%19.6%40.3%
Non-recurring items   [+]10.60.216.20.78.118.24.70.7
Interest expense, net   [+]      11.746.1
Other income (expense), net   [+]17.027.4103.16.7-32.415.6-16.1-28.4
Pre-tax income  16.531.189.25.8-1.83.90.0-0.2
Income taxes  1.81.5-2.7-6.3-0.60.7-9.6-31.1
            Tax rate  10.8%4.7%  35.0%18.7% 15683.1%
Minority interest  0.0-0.10.0-0.10.10.3-0.4-0.4
Earnings from continuing ops  9.628.190.87.2-10.4-1.5 -0.4
Earnings from discontinued ops   0.711.92.72.22.89.230.9
Net income  9.628.8102.79.8-8.11.29.230.4
            Net margin  16.8%49.8%211.0%28.3%-22.2%2.9%5.5%16.4%
   
Basic EPS   [+]$0.10$0.28$0.95$0.08($0.12)($0.02)$0.00($0.01)
Diluted EPS   [+]$0.10$0.28$0.95$0.08($0.12)($0.02)$0.00($0.01)
   
Dividends per share   [+]$0.73$0.67$0.66$0.66$0.58$0.57  
   
Shares outstanding (basic)   [+]100.199.595.389.088.586.078.466.0
Shares outstanding (diluted)   [+]100.599.995.689.288.586.078.566.1
   
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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