In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Adult secure institutional | 233.6 | 209.3 | 183.2 | 178.8 | 128.4 | 114.8 | 102.1 | 99.5 |
Abraxas youth and family services | 105.3 | 107.3 | 109.3 | 115.8 | 119.0 | | | |
Adult community-based services | 73.5 | 70.2 | 68.1 | 66.3 | 63.3 | 48.6 | 49.5 | 50.6 |
Juvenile | | | | | | 113.8 | 106.5 | 125.0 |
Total revenues | 412.4 | 386.7 | 360.6 | 360.9 | 310.8 | 277.2 | 258.2 | 275.1 |
Revenue growth [+] | 6.6% | 7.2% | -0.1% | 16.1% | 12.1% | 7.4% | -6.2% | 3.7% |
Adult secure institutional | 11.6% | 14.2% | 2.5% | 39.2% | 11.9% | 12.4% | 2.6% | -0.2% |
Abraxas youth and family services | -1.8% | -1.8% | -5.6% | -2.7% | | | | |
Adult community-based services | 4.7% | 3.0% | 2.7% | 4.7% | 30.4% | -2.0% | -2.2% | 2.9% |
Juvenile | | | | | | 6.8% | -14.7% | 7.5% |
Cost of goods sold | 295.6 | 280.6 | 274.1 | 275.4 | 238.3 | 211.2 | 198.5 | 212.3 |
Gross profit | 116.7 | 106.1 | 86.5 | 85.5 | 72.5 | 66.0 | 59.6 | 62.8 |
Gross margin | 28.3% | 27.4% | 24.0% | 23.7% | 23.3% | 23.8% | 23.1% | 22.8% |
Selling, general and administrative [+] | 24.1 | 26.0 | 25.5 | 21.7 | 20.4 | 20.3 | 23.4 | 21.5 |
General and administrative | 24.1 | 26.0 | 25.5 | 21.7 | 20.4 | 20.3 | 23.4 | 21.5 |
Other operating expenses | 22.9 | 17.9 | 16.0 | 18.9 | 24.2 | 22.0 | 11.8 | 9.8 |
EBITDA [+] | 88.5 | 80.1 | 61.0 | 61.1 | 43.2 | 37.3 | 35.2 | 41.4 |
EBITDA growth | 10.5% | 31.4% | -0.1% | 41.3% | 15.9% | 6.0% | -14.9% | 2.6% |
EBITDA margin | 21.5% | 20.7% | 16.9% | 16.9% | 13.9% | 13.5% | 13.6% | 15.0% |
Depreciation | 17.7 | 15.7 | 13.6 | 14.0 | 13.1 | 12.2 | 9.8 | 8.9 |
EBITA | 70.8 | 64.4 | 47.4 | 47.0 | 30.1 | 25.1 | 25.4 | 32.5 |
EBITA margin | 17.2% | 16.7% | 13.1% | 13.0% | 9.7% | 9.1% | 9.8% | 11.8% |
Amortization of intangibles | 1.1 | 2.2 | 2.4 | 2.2 | 2.3 | 1.4 | 0.9 | 0.9 |
EBIT [+] | 69.7 | 62.2 | 45.0 | 44.8 | 27.9 | 23.8 | 24.5 | 31.6 |
EBIT growth | 12.1% | 38.2% | 0.5% | 60.8% | 17.3% | -3.0% | -22.5% | 1.8% |
EBIT margin | 16.9% | 16.1% | 12.5% | 12.4% | 9.0% | 8.6% | 9.5% | 11.5% |
Non-recurring items [+] | | | | | | 9.3 | | |
Asset impairment | | | | | | 9.3 | | |
Interest expense, net [+] | 25.2 | 24.0 | 24.3 | 23.1 | 21.7 | 20.4 | 17.7 | 18.7 |
Interest expense | 25.8 | 26.9 | 26.2 | 26.1 | 24.0 | 22.3 | 19.3 | 20.7 |
Interest income | 0.7 | 3.0 | 2.0 | 3.1 | 2.3 | 1.9 | 1.6 | 2.0 |
Other income (expense), net | | | | | | -2.4 | | -0.6 |
Pre-tax income | 44.5 | 38.2 | 20.7 | 21.7 | 6.1 | -8.3 | 6.8 | 12.3 |
Income taxes | 18.0 | 15.6 | 8.8 | 9.1 | 2.2 | -3.3 | 2.8 | 5.0 |
Tax rate | 40.3% | 40.8% | 42.6% | 42.1% | 36.1% | 39.4% | 41.0% | 40.3% |
Minority interest | 1.9 | 0.4 | | | | | | 0.6 |
Earnings from continuing ops | 26.6 | 22.6 | 11.9 | 12.6 | 3.9 | -5.0 | 4.0 | 6.4 |
Earnings from discontinued ops | | | | -0.7 | -3.6 | -2.4 | -0.1 | |
Net income | 26.6 | 22.6 | 11.9 | 11.9 | 0.3 | -7.4 | 4.0 | 6.4 |
Net margin | 6.4% | 5.9% | 3.3% | 3.3% | 0.1% | -2.7% | 1.5% | 2.3% |
|
Basic EPS [+] | $16,203.05 | $15,191.95 | $14,524.39 | $0.90 | $0.29 | ($0.38) | $0.31 | $0.49 |
Growth | 6.7% | 4.6% | 1606819.4% | 212.5% | -176.4% | -221.7% | -36.8% | 1.7% |
Diluted EPS [+] | $16,104.85 | $14,990.73 | $14,524.39 | $0.89 | $0.29 | ($0.38) | $0.30 | $0.48 |
Growth | 7.4% | 3.2% | 1623098.7% | 212.0% | -175.7% | -225.4% | -37.7% | 4.7% |
|
Shares outstanding (basic) [+] | 0.0 | 0.0 | 0.0 | 13.9 | 13.6 | 13.2 | 12.9 | 12.9 |
Growth | 10.1% | 81.7% | -100.0% | 2.5% | 2.9% | 2.0% | 0.2% | 34.3% |
Shares outstanding (diluted) [+] | 0.0 | 0.0 | 0.0 | 14.1 | 13.7 | 13.2 | 13.3 | 13.1 |
Growth | 9.3% | 84.1% | -100.0% | 2.7% | 3.7% | -1.0% | 1.6% | 30.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |