ANAREN INC (ANEN) [Rocket]

In millions, except per share items	Dec-31-13	Sep-30-13	Jun-30-13	Mar-31-13	Dec-31-12	Sep-30-12	Jun-30-12	Mar-31-12
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Total revenues								156.3
Cost of goods sold								100.9
Gross profit								55.4
Gross margin								35.5%
Selling, general and administrative [+]								28.5
Sales and marketing								10.6
General and administrative								18.0
Research and development								14.9
EBITDA								22.3
EBITDA margin								14.3%
Depreciation								8.4
EBITA								13.9
EBITA margin								8.9%
Amortization of intangibles								1.9
EBIT								12.0
EBIT margin								7.7%
Interest income, net [+]								0.9
Interest expense								0.3
Interest income								1.2
Pre-tax income								12.9
Income taxes								3.0
Net income								9.9
Net margin								6.4%

Basic EPS								$0.70
Diluted EPS								$0.67

Shares outstanding (basic)								14.1
Shares outstanding (diluted)								14.8

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.