CDI CORP (CDI) [Rocket]

In millions, except per share items	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Enterprise Talent	496.0	596.0	728.7	708.6	710.3	667.7	584.4
Global Engineering & Technology Solutions	318.2	336.4	335.4	321.3	325.0	323.5	280.6
Management Recruiters	50.2	53.2	58.9	58.0	69.6	68.6	61.3	54.0
Other	0.8	2.2	4.6	21.6	31.2	14.7	9.8
Other								831.0
Total revenues	864.4	985.5	1,123.0	1,087.9	1,105.0	1,059.8	926.3	885.0
Revenue growth [+]	-12.3%	-12.2%	3.2%	-1.5%	4.3%	14.4%	4.7%	-20.9%
Enterprise Talent	-16.8%	-18.2%	2.8%	-0.2%	6.4%	14.2%
Global Engineering & Technology Solutions	-5.4%	0.3%	4.4%	-1.2%	0.5%	15.3%
Management Recruiters	-5.6%	-9.8%	1.6%	-16.8%	1.5%	11.9%	13.6%	-27.7%
Other	-63.1%	-51.2%	-78.8%	-30.7%	112.5%	49.3%
Cost of goods sold	702.2	800.6	916.4	881.2	885.5	834.5	732.3	708.4
Gross profit	162.1	184.9	206.6	206.6	219.4	225.3	194.0	176.6
Gross margin	18.8%	18.8%	18.4%	19.0%	19.9%	21.3%	20.9%	20.0%
Selling, general and administrative	192.6	213.5	201.2	185.7	187.1	204.9	194.3	194.7
Equity in earnings							-2.3	-1.4
Other operating expenses	-15.1	-26.1	-18.3				-8.3
EBITDA [+]	-5.1	9.1	34.4	37.0	42.5	39.5	16.4	-8.3
EBITDA growth	-155.9%	-73.4%	-7.0%	-13.1%	7.7%	141.3%	-297.5%	-122.5%
EBITDA margin	-0.6%	0.9%	3.1%	3.4%	3.8%	3.7%	1.8%	-0.9%
Depreciation	6.8	8.3	9.2	8.7	9.0	9.6	10.0	10.7
EBITA	-11.9	0.9	25.2	28.2	33.6	29.9	6.4	-19.0
EBITA margin	-1.4%	0.1%	2.2%	2.6%	3.0%	2.8%	0.7%	-2.1%
Amortization of intangibles	3.5	3.4	1.5	1.6	1.3	1.4	0.7	0.5
EBIT [+]	-15.4	-2.5	23.7	26.6	32.3	28.5	5.7	-19.5
EBIT growth	508.8%	-110.7%	-11.1%	-17.5%	13.3%	399.0%	-129.3%	-178.1%
EBIT margin	-1.8%	-0.3%	2.1%	2.4%	2.9%	2.7%	0.6%	-2.2%
Non-recurring items [+]	15.1	26.1	18.3	5.7		8.1	8.3
Asset impairment		21.5	14.7				8.3
Interest expense
Interest expense	1.1	0.5	0.2	0.1
Other income (expense), net [+]	0.1	0.6	0.0	-0.2	-0.3	-0.2	-0.5	0.1
Gain (loss) on sale of business	11.3	0.3
Other	-1.0	0.1	-0.2	-0.3	-0.3	-0.2	-0.5	0.1
Pre-tax income	-31.5	-28.5	5.2	20.6	32.0	20.1	-3.1	-19.4
Income taxes	0.1	8.6	2.1	7.7	12.6	5.1	7.7	0.5
Tax rate			41.5%	37.3%	39.3%	25.5%
Minority interest		-0.1	-0.1	0.1	0.3	0.2	0.0	0.0
Net income	-31.6	-37.0	3.1	12.9	19.1	14.8	-10.9	-19.9
Net margin	-3.7%	-3.8%	0.3%	1.2%	1.7%	1.4%	-1.2%	-2.2%

Basic EPS [+]	($1.66)	($1.88)	$0.16	$0.65	$0.97	$0.77	($0.57)	($1.05)
Growth	-11.8%	-1307.6%	-76.1%	-32.6%	26.3%	-234.2%	-45.6%
Diluted EPS [+]	($1.66)	($1.88)	$0.16	$0.65	$0.97	$0.77	($0.57)	($1.05)
Growth	-11.8%	-1307.6%	-76.1%	-32.6%	26.3%	-234.2%	-45.6%

Dividends per share [+]		$0.52	$0.51	$0.38	$0.64	$0.51	$0.52	$0.52
Growth	-100.0%	1.2%	33.7%	-39.5%	23.6%	-1.2%	0.1%

Shares outstanding (basic) [+]	19.0	19.7	19.8	19.7	19.7	19.4	19.0	19.0
Growth	-3.3%	-0.6%	0.3%	0.0%	2.0%	1.8%	0.3%
Shares outstanding (diluted) [+]	19.0	19.7	19.8	19.7	19.7	19.4	19.0	19.0
Growth	-3.3%	-0.6%	0.3%	0.0%	2.0%	1.8%	0.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.