In millions, except per share items | Feb-28-13 | Feb-29-12 | Feb-28-11 | Feb-28-10 | Feb-28-09 | Feb-29-08 | Feb-28-07 | Feb-28-06 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K | 10-K/A |
Revenues: |
Telescope and telescope accessories | 14.8 | 17.8 | 23.3 | 21.9 | 24.2 | 43.1 | 60.4 | |
Sport optics | 1.2 | 1.5 | 0.2 | | | | | |
Other | 0.8 | 1.6 | 1.8 | 0.8 | 0.7 | 3.2 | 9.0 | |
Weather Stations | 0.6 | 0.7 | 1.0 | 0.3 | | | | |
Other | | | | 0.4 | 3.7 | 17.4 | 32.2 | |
Total revenues | 17.4 | 21.6 | 26.3 | 23.3 | 28.6 | 63.7 | 101.5 | 119.8 |
Revenue growth [+] | -19.3% | -18.0% | 12.8% | -18.4% | -55.1% | -37.3% | -15.3% | 7.2% |
Telescope and telescope accessories | -17.0% | -23.5% | 6.4% | -9.3% | -44.0% | -28.6% | | |
Sport optics | -20.3% | 679.7% | | | | | | |
Other | -48.4% | -15.3% | 144.1% | 2.7% | -77.0% | -64.4% | | |
Weather Stations | -10.8% | -29.8% | 254.6% | | | | | |
Binoculars | | | | -72.2% | -70.2% | -77.6% | | |
Cost of goods sold | 15.1 | 16.3 | 20.4 | 18.4 | 27.1 | 60.7 | 84.1 | 90.3 |
Gross profit | 2.4 | 5.3 | 5.9 | 4.9 | 1.6 | 3.1 | 17.5 | 29.5 |
Gross margin | 13.6% | 24.6% | 22.5% | 21.1% | 5.4% | 4.8% | 17.2% | 24.6% |
Selling, general and administrative [+] | 5.2 | 5.8 | 6.7 | 7.8 | 13.9 | 18.6 | 32.8 | 31.4 |
Sales and marketing | 1.7 | 2.4 | 2.5 | 2.6 | 4.0 | 9.1 | 17.6 | 18.3 |
General and administrative | 3.5 | 3.4 | 4.2 | 5.2 | 9.8 | 9.5 | 15.2 | 13.1 |
Research and development | 1.1 | 0.9 | 0.8 | 0.8 | 1.6 | 1.9 | 1.8 | 1.5 |
Other operating expenses | -0.3 | | | | -5.5 | 1.8 | 0.3 | 0.3 |
EBITDA [+] | -3.4 | -1.0 | -1.0 | -3.1 | -7.5 | -17.9 | -15.6 | -1.3 |
EBITDA growth | 225.3% | 2.3% | -66.8% | -59.2% | -57.8% | 14.5% | 1112.9% | -189.4% |
EBITDA margin | -19.5% | -4.9% | -3.9% | -13.2% | -26.4% | -28.1% | -15.4% | -1.1% |
Depreciation | 0.1 | 0.1 | 0.5 | 0.6 | 0.8 | 1.4 | 1.9 | 2.4 |
EBITA | -3.5 | -1.2 | -1.5 | -3.7 | -8.4 | -19.3 | -17.5 | -3.7 |
EBITA margin | -19.8% | -5.5% | -5.7% | -15.9% | -29.3% | -30.3% | -17.2% | -3.1% |
Amortization of intangibles | 0.2 | 0.2 | | | | | | |
EBIT [+] | -3.6 | -1.4 | -1.5 | -3.7 | -8.4 | -19.3 | -17.5 | -3.7 |
EBIT growth | 166.7% | -9.3% | -59.6% | -55.8% | -56.5% | 10.3% | 376.2% | 539.9% |
EBIT margin | -20.8% | -6.3% | -5.7% | -15.9% | -29.3% | -30.3% | -17.2% | -3.1% |
Non-recurring items [+] | | | | | 2.3 | 0.4 | | |
Asset impairment | | | | | 0.1 | | | |
Interest expense, net [+] | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 1.1 | 0.8 | 1.2 |
Interest expense | 0.0 | | | | 0.2 | 1.1 | 0.8 | 1.2 |
Interest income | | 0.0 | 0.0 | 0.0 | | | | |
Pre-tax income | -3.7 | -1.4 | -1.5 | -3.7 | -10.9 | -20.7 | -18.3 | -4.9 |
Income taxes | 0.0 | 0.1 | -0.1 | 0.0 | -2.0 | -1.5 | 0.9 | 9.1 |
Tax rate | | | 5.1% | | 18.5% | 7.4% | | |
Earnings from continuing ops | -3.7 | -1.4 | -1.4 | -3.7 | -8.9 | -19.2 | -19.2 | -14.0 |
Earnings from discontinued ops | | | | | 1.8 | 1.5 | | |
Net income | -3.7 | -1.4 | -1.4 | -3.7 | -7.1 | -17.7 | -19.2 | -14.0 |
Net margin | -21.0% | -6.6% | -5.4% | -15.9% | -24.9% | -27.8% | -18.9% | -11.7% |
|
Basic EPS [+] | ($3.13) | ($1.22) | ($1.22) | ($3.18) | ($7.64) | ($0.88) | ($0.98) | ($0.72) |
Growth | 157.2% | 0.0% | -61.7% | -58.3% | 768.3% | -10.1% | 35.9% | 1391.5% |
Diluted EPS [+] | ($3.13) | ($1.22) | ($1.22) | ($3.18) | ($7.64) | ($0.88) | ($0.98) | ($0.72) |
Growth | 157.2% | 0.0% | -61.7% | -58.3% | 768.3% | -10.1% | 35.9% | 1391.5% |
|
Shares outstanding (basic) [+] | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 21.8 | 19.6 | 19.4 |
Growth | 0.3% | 0.0% | 0.0% | 0.0% | -94.7% | 11.4% | 1.0% | 0.7% |
Shares outstanding (diluted) [+] | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 21.8 | 19.6 | 19.4 |
Growth | 0.3% | 0.0% | 0.0% | 0.0% | -94.7% | 11.4% | 1.0% | 0.7% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |