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JENNIFER CONVERTIBLES INC (JEN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsAug-29-09Aug-30-08Aug-25-07Aug-26-06Aug-27-05Aug-28-04Aug-30-03
   10-K/A10-K/A10-K/A10-K10-K10-K10-K
Revenues:  
    (In thousands, except for share and per share data)     135.8117.1  
Total revenues  88.8113.1124.1135.8117.1125.3120.4
            Revenue growth   [+]-21.4%-8.9%-8.6%16.0%-6.5%4.1% 
Cost of goods sold  94.2120.1132.792.883.688.382.1
Gross profit  -5.3-7.1-8.643.033.536.938.3
            Gross margin  -6.0%-6.2%-6.9%31.7%28.6%29.5%31.8%
Selling, general and administrative  33.437.837.237.136.038.140.1
EBITDA   [+]-8.5-2.54.4    
            EBITDA margin  -9.6%-2.2%3.5%    
Depreciation and amortization  1.21.00.9    
EBIT   [+]-9.7-3.53.55.1-0.8-6.1-3.4
            EBIT margin  -10.9%-3.1%2.8%3.8%-0.6%-4.8%-2.8%
Non-recurring items   [+]1.2   0.1-0.2 
Interest income, net   [+]0.10.50.7    
Pre-tax income  -10.8-3.04.25.5-0.8-2.3-3.3
Income taxes  0.00.00.10.31.91.0-0.6
            Tax rate    3.0%5.8%  17.2%
Earnings from continuing ops  -10.8-3.04.15.2-2.60.00.0
Earnings from discontinued ops     0.0-1.20.00.0
Net income  -11.0-3.34.05.2-3.90.00.0
            Net margin  -12.4%-2.9%3.2%3.8%-3.3%0.0%0.0%
   
Basic EPS   [+]($1.52)($0.42)$0.59$0.86($0.46)$0.00$0.00
Diluted EPS   [+]($1.52)($0.42)$0.46$0.62($0.46)$0.00$0.00
   
Shares outstanding (basic)   [+]7.17.16.96.05.85,713.15.7
Shares outstanding (diluted)   [+]7.17.18.88.35.85,713.15.7
   
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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