In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Ambassador Programs and Other | | | 53.8 | 62.4 | 73.0 | | | |
BookRags | | | 4.2 | 4.0 | 3.1 | | | |
Total revenues | 39.6 | 47.2 | 58.1 | 66.4 | 76.1 | 98.6 | 97.9 | 114.5 |
Revenue growth [+] | -16.2% | -18.7% | -12.6% | -12.7% | -22.8% | 0.7% | -14.5% | 28.8% |
Ambassador Programs and Other | | | -13.7% | -14.6% | | | | |
BookRags | | | 4.0% | 30.3% | | | | |
Cost of goods sold | 6.3 | 7.0 | 6.7 | 7.4 | 10.0 | 14.8 | 19.0 | 18.5 |
Gross profit | 33.3 | 40.2 | 51.4 | 59.0 | 66.1 | 83.8 | 78.9 | 96.0 |
Gross margin | 84.1% | 85.1% | 88.5% | 88.9% | 86.8% | 85.0% | 80.5% | 83.9% |
Selling, general and administrative [+] | 38.2 | 44.6 | 51.1 | 56.9 | 56.0 | 53.6 | 53.4 | 54.2 |
Sales and marketing | 27.1 | 30.8 | 34.8 | 40.4 | 41.9 | 39.0 | 40.8 | 38.9 |
General and administrative | 11.0 | 13.8 | 16.2 | 16.6 | 14.1 | 14.6 | 12.6 | 15.3 |
EBITDA [+] | 0.9 | 1.0 | 5.6 | 6.9 | 14.7 | 34.5 | 28.9 | 44.4 |
EBITDA growth | -10.0% | -82.8% | -18.3% | -53.5% | -57.3% | 19.5% | -34.9% | 24.7% |
EBITDA margin | 2.2% | 2.0% | 9.6% | 10.3% | 19.4% | 35.0% | 29.5% | 38.7% |
Depreciation | 5.5 | 5.0 | 4.9 | 4.3 | 4.2 | 4.4 | 3.4 | 2.5 |
EBITA | -4.6 | -4.0 | 0.7 | 2.5 | 10.5 | 30.2 | 25.5 | 41.8 |
EBITA margin | -11.6% | -8.5% | 1.2% | 3.8% | 13.8% | 30.6% | 26.0% | 36.5% |
Amortization of intangibles | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | | | |
EBIT [+] | -4.9 | -4.4 | 0.3 | 2.1 | 10.1 | 30.2 | 25.5 | 41.8 |
EBIT growth | 11.0% | -1468.6% | -84.7% | -79.1% | -66.5% | 18.5% | -39.1% | 22.6% |
EBIT margin | -12.4% | -9.3% | 0.6% | 3.2% | 13.3% | 30.6% | 26.0% | 36.5% |
Non-recurring items [+] | 4.4 | 8.7 | | | | | | |
Asset impairment | 2.5 | 6.5 | | | | | | |
Interest income | 0.3 | 0.5 | 1.7 | 1.3 | 1.5 | 2.0 | 3.1 | 4.4 |
Interest income | 0.3 | 0.5 | 1.7 | 1.3 | 1.5 | 2.0 | 3.1 | 4.4 |
Other income (expense), net | -0.1 | 0.0 | 0.0 | 0.2 | | -1.0 | -0.8 | -0.2 |
Pre-tax income | -9.1 | -12.5 | 2.0 | 3.6 | 11.6 | 31.2 | 27.7 | 46.0 |
Income taxes | 0.2 | -4.6 | 0.0 | 0.6 | 3.5 | 10.9 | 9.2 | 15.0 |
Tax rate | | 36.9% | 0.0% | 18.0% | 30.0% | 34.9% | 33.1% | 32.5% |
Earnings from continuing ops | -1.0 | -8.7 | 1.7 | 3.0 | 8.1 | 20.3 | 18.5 | 31.0 |
Earnings from discontinued ops | -8.3 | 0.8 | | | | | | |
Net income | -9.3 | -7.9 | 1.7 | 3.0 | 8.1 | 20.3 | 18.5 | 31.0 |
Net margin | -23.4% | -16.8% | 3.0% | 4.4% | 10.7% | 20.6% | 18.9% | 27.1% |
|
Basic EPS [+] | ($0.06) | ($0.52) | $0.10 | $0.17 | $0.43 | $1.06 | $0.97 | $1.58 |
Growth | -89.0% | -625.9% | -40.3% | -60.8% | -60.1% | 10.1% | -38.9% | 21.9% |
Diluted EPS [+] | ($0.06) | ($0.52) | $0.10 | $0.17 | $0.42 | $1.05 | $0.95 | $1.53 |
Growth | -89.0% | -625.9% | -39.9% | -60.7% | -59.8% | 10.5% | -38.3% | 23.0% |
|
Dividends per share [+] | | $0.06 | $0.74 | $0.24 | $0.24 | $0.24 | | |
Growth | -100.0% | -91.8% | 209.4% | -0.3% | 0.4% | | | |
|
Shares outstanding (basic) [+] | 17.1 | 16.7 | 17.5 | 17.7 | 19.1 | 19.1 | 19.2 | 19.6 |
Growth | 2.0% | -4.7% | -1.2% | -7.0% | -0.1% | -0.4% | -2.2% | -4.6% |
Shares outstanding (diluted) [+] | 17.1 | 16.7 | 17.5 | 17.9 | 19.3 | 19.4 | 19.6 | 20.2 |
Growth | 2.0% | -4.7% | -1.9% | -7.4% | -0.6% | -0.8% | -3.3% | -5.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |