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ZIPCAR INC (ZIP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-KS-1/A
Revenue  278.9241.6186.1131.2106.0
            Revenue growth  15.4%29.8%41.9%23.8% 
Cost and expenses       
Fleet operations  173.6159.2122.693.4 
Member services and fulfillment  20.019.515.110.4 
Research and development  4.53.93.22.3 
Selling, general and administrative  71.657.149.230.0 
   
Amortization of acquired intangible assets       
    Total operating expenses  272.8243.6193.5137.1 
    Income (loss) from operations  6.1-2.0-7.4-5.9 
            Operating margin  2.2%-0.8%-4.0%-4.5% 
   
Other income (expense)       
Interest income  0.40.10.00.1 
Interest expense  -4.4-8.6-8.2-2.5 
Other, net  1.23.01.7-3.7 
    Income (loss) before income taxes  3.3-7.4-13.8-4.6-14.5
Provision (benefit) for income taxes  -10.9-0.30.30.1 
            Tax rate   3.6%  0.0%
    Net income (loss)  14.2-7.1-14.1-4.7 
Less: net (income) loss attributable to redeemable noncontrolling interest  0.50.00.00.0 
    Net income (loss) attributable to Zipcar, Inc.  14.7-7.2-14.1-4.6 
   
Net income (loss) attributable to common stockholders per share:       
Basic  $0.37($0.24)($2.74)($2.23) 
Diluted  $0.35($0.24)($2.74)($2.23) 
   
Weighted average number of common shares outstanding used in computing per share amounts:       
Basic  39.929.45.12.1 
Diluted  41.529.45.12.1 

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