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L-1 IDENTITY SOLUTIONS, INC. (ID)

Income Statement Business | Product | End Market | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
   10-K10-K10-K10-K10-K10-K10-K10-K/A
Revenues:  
    Solutions  332.0322.5280.0211.0117.465.6117.4 
    Services  118.1114.678.1178.547.00.647.0 
Total revenues  450.1437.1358.1389.5164.466.267.537.4
            Revenue growth   [+]3.0%22.1%-8.1%136.9%148.2%-1.8%80.5%15.7%
Cost of goods sold   [+]329.7309.6251.1268.4113.547.648.827.8
Gross profit  120.4127.5107.0121.150.918.718.79.5
            Gross margin  26.8%29.2%29.9%31.1%30.9%28.2%27.7%25.5%
Selling, general and administrative   [+]96.893.685.690.044.419.916.710.4
Research and development  22.320.725.218.511.64.63.83.7
Other operating expenses  14.20.7530.62.50.40.70.2 
EBITDA   [+]28.849.7-485.049.317.85.98.82.3
            EBITDA margin  6.4%11.4%-135.4%12.7%10.9%8.9%13.0%6.1%
Depreciation and amortization  41.737.149.412.19.16.77.16.5
EBITA  -12.912.6-534.437.18.7-0.91.7-4.2
            EBITA margin  -2.9%2.9%-149.2%9.5%5.3%-1.3%2.5%-11.4%
Amortization of intangibles     27.114.35.73.70.3
EBIT   [+]-12.912.6-534.410.0-5.5-6.5-2.0-4.5
            EBIT margin  -2.9%2.9%-149.2%2.6%-3.4%-9.9%-3.0%-12.1%
Non-recurring items   [+]   5.022.8 2.0 
Interest expense, net   [+]9.77.87.3-0.4-1.8-0.21.81.0
Other income (expense), net   [+]-7.7-7.2-6.0-14.8-1.70.4-0.20.0
Pre-tax income  -30.2-2.4-547.7-9.4-28.2-6.0-6.0-5.5
Income taxes  20.21.37.6-25.22.81.41.00.1
            Tax rate     268.6%    
Minority interest  0.0-0.2      
Net income  -16.4-3.8-551.615.8-31.0-7.4-7.0-17.7
            Net margin  -3.7%-0.9%-154.0%4.1%-18.9%-11.1%-10.4%-47.3%
   
Basic EPS   [+]($0.19)($0.04)($7.12)$0.22($0.71)($0.37)($0.45)($2.06)
Diluted EPS   [+]($0.19)($0.04)($7.12)$0.22($0.71)($0.37)($0.45)($2.06)
   
Shares outstanding (basic)   [+]87.885.577.571.743.819.615.58.6
Shares outstanding (diluted)   [+]87.885.577.572.443.819.615.58.6
   
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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