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ESS TECHNOLOGY INC (ESST)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03Dec-31-02Dec-31-01Dec-31-00
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Video  68.295.7159.5242.4    
    Digital Imaging  0.24.722.414.9    
Total revenues  68.3100.5181.9257.3195.3273.4271.4303.4
            Revenue growth   [+]-32.0%-44.8%-29.3%31.8%-28.6%0.8%-10.6%-2.3%
Cost of goods sold  42.697.6169.3219.4132.7176.5180.2192.5
Gross profit  25.72.812.637.962.697.091.1111.0
            Gross margin  37.7%2.8%6.9%14.7%32.0%35.5%33.6%36.6%
Selling, general and administrative  18.227.635.041.131.834.240.736.2
Research and development  12.636.034.037.533.227.028.027.8
EBITDA   [+]9.0-54.0-46.0-30.44.541.937.161.9
            EBITDA margin  13.2%-53.8%-25.3%-11.8%2.3%15.3%13.7%20.4%
Depreciation  3.66.06.05.53.95.714.615.0
EBITA  5.5-60.0-52.0-35.80.536.222.546.9
            EBITA margin  8.0%-59.7%-28.6%-13.9%0.3%13.3%8.3%15.5%
Amortization of intangibles   0.84.34.82.90.4  
EBIT   [+]5.5-60.8-56.3-40.6-2.435.922.546.9
            EBIT margin  8.0%-60.5%-31.0%-15.8%-1.2%13.1%8.3%15.5%
Non-recurring items   [+]0.9 42.7 2.7  2.6
Other income (expense), net  1.7-0.71.33.445.92.4-18.841.8
Pre-tax income  6.3-61.4-97.8-37.340.938.33.786.1
Income taxes  3.1-17.31.8-1.715.61.0-7.322.9
            Tax rate  50.1%28.2% 4.6%38.2%2.6% 26.6%
Earnings from continuing ops  3.1-44.1-99.6-35.625.337.311.063.2
Earnings from discontinued ops        0.00.0
Net income  3.1-44.1-99.6-35.625.337.3-1.848.3
            Net margin  4.6%-43.9%-54.7%-13.8%13.0%13.6%-0.7%15.9%
   
Basic EPS   [+]$87.88($1,138.70)($2,502.53)($0.90)$0.64$846.36$0.26$1.48
Diluted EPS   [+]$87.88($1,138.70)($2,502.53)($0.90)$0.61$797.69$0.24$1.37
   
Shares outstanding (basic)   [+]0.00.00.039.539.50.042.342.5
Shares outstanding (diluted)   [+]0.00.00.039.541.20.045.345.9
   
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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