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AMBASSADORS GROUP INC (EPAX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Ambassador Programs and Other    53.862.473.0   
    BookRags    4.24.03.1   
Total revenues  39.647.258.166.476.198.697.9114.5
            Revenue growth   [+]-16.2%-18.7%-12.6%-12.7%-22.8%0.7%-14.5%28.8%
Cost of goods sold  6.37.06.77.410.014.819.018.5
Gross profit  33.340.251.459.066.183.878.996.0
            Gross margin  84.1%85.1%88.5%88.9%86.8%85.0%80.5%83.9%
Selling, general and administrative   [+]38.244.651.156.956.053.653.454.2
EBITDA   [+]0.91.05.66.914.734.528.944.4
            EBITDA margin  2.2%2.0%9.6%10.3%19.4%35.0%29.5%38.7%
Depreciation  5.55.04.94.34.24.43.42.5
EBITA  -4.6-4.00.72.510.530.225.541.8
            EBITA margin  -11.6%-8.5%1.2%3.8%13.8%30.6%26.0%36.5%
Amortization of intangibles  0.30.40.40.40.4   
EBIT   [+]-4.9-4.40.32.110.130.225.541.8
            EBIT margin  -12.4%-9.3%0.6%3.2%13.3%30.6%26.0%36.5%
Non-recurring items   [+]4.48.7      
Interest income  0.30.51.71.31.52.03.14.4
Other income (expense), net  -0.10.00.00.2 -1.0-0.8-0.2
Pre-tax income  -9.1-12.52.03.611.631.227.746.0
Income taxes  0.2-4.60.00.63.510.99.215.0
            Tax rate   36.9%0.0%18.0%30.0%34.9%33.1%32.5%
Earnings from continuing ops  -1.0-8.71.73.08.120.318.531.0
Earnings from discontinued ops  -8.30.8      
Net income  -9.3-7.91.73.08.120.318.531.0
            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
Diluted EPS   [+]($0.06)($0.52)$0.10$0.17$0.42$1.05$0.95$1.53
   
Dividends per share   [+] $0.06$0.74$0.24$0.24$0.24  
   
Shares outstanding (basic)   [+]17.116.717.517.719.119.119.219.6
Shares outstanding (diluted)   [+]17.116.717.517.919.319.419.620.2
   
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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