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PARLUX FRAGRANCES INC (PARL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-11Mar-31-10Mar-31-09Mar-31-08Mar-31-07Mar-31-06Mar-31-05Mar-31-04
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  123.0148.1151.2153.7134.4106.425.180.6
            Revenue growth  -16.9%-2.0%-1.7%14.4%26.3%324.4%-68.9%11.5%
Cost of goods sold  54.986.070.677.276.044.412.018.6
Gross profit  68.162.180.676.558.462.013.162.0
            Gross margin  55.4%42.0%53.3%49.8%43.4%58.2%52.2%76.9%
Selling, general and administrative   [+]53.169.471.952.788.050.323.125.4
Other operating expenses     15.1 8.11.025.0
EBITDA   [+]4.8-20.6-4.311.4-39.33.6-11.011.6
            EBITDA margin  3.9%-13.9%-2.9%7.4%-29.2%3.3%-44.1%14.4%
Depreciation and amortization  2.32.92.52.83.51.91.11.3
EBIT   [+]2.5-23.5-6.88.6-42.71.7-12.210.3
            EBIT margin  2.0%-15.9%-4.5%5.6%-31.8%1.6%-48.6%12.8%
Interest income  0.00.10.30.10.10.10.10.2
Other income (expense), net   [+]-0.6-0.3-0.1-0.6-0.5-0.70.0-0.4
Pre-tax income  1.9-23.7-6.68.1-43.21.1-12.010.1
Income taxes  0.6-9.0-2.33.1-15.30.4-4.53.8
            Tax rate  33.8%37.8%34.8%38.1%35.5%35.9%37.5%38.0%
Earnings from continuing ops  1.2-14.8-4.35.0-27.90.7-7.56.3
Earnings from discontinued ops       22.7-11.2 
Net income  1.2-14.8-4.35.02.923.410.86.3
            Net margin  1.0%-10.0%-2.8%3.3%2.1%22.0%43.2%7.8%
   
Basic EPS   [+]$0.06($0.73)($0.21)$0.26($1.55)$0.04($0.42)$0.40
Diluted EPS   [+]$0.06($0.73)($0.21)$0.24($1.55)$0.03($0.42)$0.33
   
Shares outstanding (basic)   [+]20.520.320.519.318.018.417.715.7
Shares outstanding (diluted)   [+]20.720.320.520.618.021.917.719.0
   
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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