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FURMANITE CORP (FRM)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-15Jun-30-15Mar-31-15Dec-31-14Sep-30-14Jun-30-14Mar-31-14Dec-31-13
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenues:  
    Technical services  355.6359.5374.3376.1375.8374.9372.5368.6
    Engineering & Project Solutions  127.6121.6123.3124.1120.9126.190.758.7
Total revenues  483.3481.0497.6500.2496.7501.1463.2427.3
            Revenue growth   [+]-2.7%-4.0%7.4%17.1%27.3%36.8%34.7%30.9%
Cost of goods sold  360.9357.2370.7371.5371.8375.5338.0306.0
Gross profit  122.4123.8127.0128.7124.9125.6125.2121.3
            Gross margin  25.3%25.7%25.5%25.7%25.2%25.1%27.0%28.4%
Selling, general and administrative  90.492.694.095.695.093.890.485.0
EBITDA   [+]32.730.832.332.428.931.534.535.9
            EBITDA margin  6.8%6.4%6.5%6.5%5.8%6.3%7.4%8.4%
Depreciation and amortization  11.911.911.711.611.311.911.611.4
EBIT   [+]20.819.020.620.817.619.622.924.5
            EBIT margin  4.3%3.9%4.1%4.2%3.5%3.9%4.9%5.7%
Non-recurring items  1.50.3 -0.1   -0.3
Interest expense  1.81.92.01.81.81.71.51.3
Other income (expense), net  -0.6-0.6-0.4-0.1-0.8-1.4-1.1-0.6
Pre-tax income  17.016.218.219.015.416.920.622.8
Income taxes  7.06.67.57.56.16.68.18.8
            Tax rate  41.3%40.6%41.0%39.5%39.7%39.4%39.5%38.6%
Net income  8.69.510.711.49.210.212.514.0
            Net margin  1.8%2.0%2.1%2.3%1.8%2.0%2.7%3.3%
   
Basic EPS   [+]$0.26$0.26$0.29$0.30$0.25$0.27$0.33$0.38
Diluted EPS   [+]$0.26$0.25$0.28$0.30$0.25$0.27$0.33$0.37
   
Shares outstanding (basic)   [+]37.837.737.737.637.637.537.537.4
Shares outstanding (diluted)   [+]38.037.937.937.937.837.837.737.6
   
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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