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FIRST MARBLEHEAD CORP (FMD)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-15Jun-30-14Jun-30-13Jun-30-12Jun-30-11Jun-30-10Jun-30-09Jun-30-08
   10-K10-K10-K10-K10-K10-K10-K10-K
    Total interest income  0.10.20.51.01.823.042.2 
    Interest expense:  
           -1.0-13.2-17.1 
Net interest income  0.10.20.51.00.79.925.125.6
Provision for loan losses      -0.3-0.1-0.5 
Net interest income after provision for loan losses  0.10.20.51.01.010.025.625.6
Total non-interest income  15.014.213.312.011.2143.6-315.1 
Non-interest expenses      92.8230.2260.3358.5
Pre-tax income before non-recurring items  -41.9-38.9-48.8-41.6-83.8-220.9-550.8-387.0
Non-recurring items     9.5    
Pre-tax income  -41.9-38.9-48.8-51.1-83.8-220.9-550.8-387.0
Income taxes  1.11.12.3-18.00.2-47.1-160.6-151.9
            Tax rate     35.1% 21.3%29.2%39.2%
Earnings from continuing ops  -43.1-40.1-51.1-33.1-84.0-173.9-390.2-235.1
Earnings from discontinued ops  -4.72.50.91,135.4-137.63.0  
Net income  -47.8-37.6-50.21,102.2-221.6-170.9-390.2-235.1
            Net margin  -103.5%-85.1%-125.6%2957.5%-1810.0%-111.3%134.8%827.5%
   
Basic EPS  ($3.75)($3.56)($4.76)($3.26)($0.83)($1.75)($3.94)($2.46)
Diluted EPS  ($3.75)($3.56)($4.76)($2.99)($0.83)($1.75)($3.94)($2.46)
   
Shares outstanding (basic)  11.511.310.710.2100.999.599.195.7
Shares outstanding (diluted)  11.511.310.711.1100.999.599.195.7
   
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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