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CYBERSOURCE CORP (CYBS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03Dec-31-02
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Commerce transaction services and support       28.721.720.0
    Enterprise software       3.43.94.4
    Professional services       4.52.03.6
    Transaction and support       28.721.720.0
Total revenues  265.1229.0117.070.350.536.727.528.0
            Revenue growth   [+]15.8%95.8%66.5%39.1%37.6%33.5%-1.9%-8.9%
Cost of goods sold  125.1111.862.134.620.512.09.312.0
Gross profit  140.1117.354.935.630.024.718.216.0
            Gross margin  52.8%51.2%46.9%50.7%59.4%67.2%66.2%57.2%
Selling, general and administrative   [+]95.693.642.424.317.215.616.119.0
Research and development  28.522.913.49.38.06.87.58.1
Other operating expenses      3.5  2.5
EBITDA   [+]77.264.49.93.62.13.4-1.8-7.3
            EBITDA margin  29.1%28.1%8.4%5.1%4.2%9.3%-6.6%-26.1%
Depreciation  35.035.06.61.40.81.13.66.2
EBITA  42.229.53.32.11.32.3-5.4-13.5
            EBITA margin  15.9%12.9%2.8%3.1%2.6%6.3%-19.7%-48.2%
Amortization of intangibles  26.228.74.20.1    
EBIT   [+]16.00.8-0.92.01.32.3-5.4-13.5
            EBIT margin  6.0%0.3%-0.8%2.9%2.6%6.3%-19.7%-48.2%
Non-recurring items       -1.50.5 
Interest income, net   [+]0.31.42.72.34.80.70.61.2
Other income (expense), net  0.21.10.30.3  -0.2-0.2
Pre-tax income  16.43.42.14.76.24.5-5.4-12.5
Income taxes  5.5-7.4-0.3-9.7-3.10.00.00.0
            Tax rate  33.3%    0.6%0.0%0.0%
Net income  11.010.72.414.49.24.5-5.4-12.5
            Net margin  4.1%4.7%2.1%20.5%18.3%12.2%-19.8%-44.7%
   
Basic EPS   [+]$0.16$0.16$0.06$0.42$0.28$0.13($0.17)($0.38)
Diluted EPS   [+]$0.15$0.15$0.06$0.39$0.26$0.12($0.17)($0.38)
   
Shares outstanding (basic)   [+]69.569.140.734.633.533.432.932.9
Shares outstanding (diluted)   [+]71.971.843.236.635.835.932.932.9
   
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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