CHIQUITA BRANDS INTERNATIONAL INC (CQB) [Rocket]

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:
Bananas	2,021.0	1,969.6	1,985.5	2,023.0	1,937.7	2,081.5	2,060.3	1,833.2
United States	1,911.4	1,858.4	1,773.2	1,793.6		1,944.0	2,121.3	1,988.1
Salads and Healthy Snacks	942.7	967.2	952.9	953.5	1,028.5		1,304.9	1,277.2
Other international	322.7	326.6	350.9	320.2		389.1	273.7	384.4
Other					261.2
Total revenues	3,090.2	3,057.5	3,078.3	3,139.3	3,227.4	3,470.4	3,609.4	3,464.7
Revenue growth [+]	1.1%	-0.7%	-1.9%	-2.7%	-7.0%	-3.8%	4.2%
Bananas	2.6%	-0.8%	-1.9%	4.4%	-6.9%	1.0%	12.4%	7.3%
United States	2.9%	4.8%	-1.1%			-8.4%	6.7%	6.6%
Salads and Healthy Snacks	-2.5%	1.5%	-0.1%	-7.3%			2.2%	5.6%
Other international	-1.2%	-6.9%	9.6%			42.2%	-28.8%	-62.7%
Italy	-1.1%	0.2%	-6.9%			1.9%	1.2%	7.0%
Cost of goods sold	2,735.1	2,708.4	2,743.0	2,698.0	2,770.4	2,890.8	3,067.6	2,949.8
Gross profit	355.1	349.1	335.3	441.3	457.0	579.6	541.8	514.9
Gross margin	11.5%	11.4%	10.9%	14.1%	14.2%	16.7%	15.0%	14.9%
Selling, general and administrative	218.1	233.7	275.2	301.5	315.7	372.2	378.2	374.7
Equity in earnings
Other operating expenses	57.9	65.0	96.6	100.2	66.1	48.0	69.3	82.7
EBITDA [+]	139.8	115.6	26.6	100.5	136.2	222.4	166.9	139.8
EBITDA growth	20.9%	334.1%	-73.5%	-26.2%	-38.8%	33.2%	19.4%	-577.5%
EBITDA margin	4.5%	3.8%	0.9%	3.2%	4.2%	6.4%	4.6%	4.0%
Depreciation and amortization	51.3	55.9	53.7	51.5	51.2	52.7	62.9	72.4
EBITA	88.5	59.7	-27.1	49.0	85.0	169.7	104.0	67.4
EBITA margin	2.9%	2.0%	-0.9%	1.6%	2.6%	4.9%	2.9%	1.9%
Amortization of intangibles	9.4	9.4	9.4	9.4	9.8	10.3	9.8	9.8
EBIT [+]	79.1	50.3	-36.5	39.6	75.2	159.4	94.2	57.5
EBIT growth	57.2%	-237.8%	-192.2%	-47.3%	-52.8%	69.2%	63.7%	-296.6%
EBIT margin	2.6%	1.6%	-1.2%	1.3%	2.3%	4.6%	2.6%	1.7%
Non-recurring items [+]	51.7	0.5	217.3	5.9	-32.5	12.1	375.3	25.9
Asset impairment			181.9				375.3
Restructuring charges	51.7	0.5	35.4	5.9		12.1
Unusual expense					-32.5
Interest expense, net [+]	59.2	58.3	42.2	47.4	51.5	56.0	73.7	76.4
Interest expense	61.9	61.1	45.3	51.6	57.1	62.1	80.8	86.2
Interest income	2.7	2.9	3.1	4.2	5.5	6.0	7.2	9.8
Other income (expense), net [+]	-10.4	-2.8	-1.8	-11.7	2.9	-0.5	22.7
Gain (loss) on debt retirement	-0.5	-6.3		-11.7
Other	-9.9	3.5	-1.8		2.9	-0.5
Pre-tax income	-42.2	-11.2	-297.8	-25.4	59.0	90.8	-332.1	-44.8
Income taxes	20.3	4.6	105.2	-82.2	-1.6	-0.4	-1.9	0.9
Tax rate				324.1%			0.6%
Earnings from continuing ops	-62.5	-15.8	-403.0	56.8	60.6	91.2	-330.2	-45.7
Earnings from discontinued ops						-0.7	1.5	-3.4
Net income	-62.5	-15.8	-405.0	56.8	57.4	90.5	-328.7	-49.0
Net margin	-2.0%	-0.5%	-13.2%	1.8%	1.8%	2.6%	-9.1%	-1.4%

Basic EPS [+]	($1.33)	($0.34)	($8.75)	$1.25	$1.35	$2.05	($7.54)	($1.14)
Growth	292.2%	-96.1%	-801.1%	-7.4%	-34.2%	-127.1%	563.7%
Diluted EPS [+]	($1.33)	($0.34)	($8.75)	$1.23	$1.32	$2.02	($7.54)	($1.14)
Growth	292.2%	-96.1%	-812.6%	-7.1%	-34.4%	-126.7%	563.7%

Shares outstanding (basic) [+]	47.0	46.6	46.1	45.5	45.0	44.6	43.8	40.2
Growth	0.8%	1.1%	1.1%	1.2%	1.0%	1.8%	8.9%
Shares outstanding (diluted) [+]	47.0	46.6	46.1	46.3	45.9	45.2	43.8	40.2
Growth	0.8%	1.1%	-0.5%	1.0%	1.3%	3.4%	8.9%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.