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FISHER COMMUNICATIONS INC (FSCI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Television  147.3128.5136.497.2124.0 107.5 
    Radio  21.021.423.821.536.7 39.5 
    Fisher Plaza   14.314.413.713.111.39.4 
    Other        0.2 
    Other       150.9  
Total revenues  168.2164.0174.4132.4173.8162.3156.5137.1
            Revenue growth   [+]2.6%-6.0%31.7%-23.8%7.1%3.7%14.2%-3.3%
Cost of goods sold  66.570.370.664.869.862.158.551.1
Gross profit  101.793.7103.867.6104.0100.298.085.9
            Gross margin  60.5%57.1%59.5%51.0%59.8%61.8%62.6%62.7%
Selling, general and administrative  62.355.557.650.165.955.249.658.7
Other operating expenses  9.7-34.06.510.1    
EBITDA   [+]29.872.239.77.317.457.229.81.4
            EBITDA margin  17.7%44.0%22.8%5.5%10.0%35.2%19.0%1.0%
Depreciation  6.89.314.213.712.811.610.413.1
EBITA  23.062.925.5-6.44.745.619.4-11.7
            EBITA margin  13.7%38.3%14.6%-4.8%2.7%28.1%12.4%-8.5%
Amortization of intangibles  0.20.20.2     
EBIT   [+]22.862.625.3-6.44.745.619.4-11.7
            EBIT margin  13.5%38.2%14.5%-4.8%2.7%28.1%12.4%-8.5%
Non-recurring items   [+]    76.7   
Interest expense  0.37.210.011.713.913.714.013.7
Other income (expense), net   [+]-1.5-1.10.14.3156.614.83.99.8
Pre-tax income  21.054.415.4-13.770.646.89.4-15.7
Income taxes  7.818.55.8-4.571.645.8-7.5-16.7
            Tax rate  37.2%34.0%37.6%32.7%101.5%97.9% 106.8%
Earnings from continuing ops  29.662.734.1-9.2-1.11.016.81.1
Earnings from discontinued ops   0.60.1 -1.11.010.31.1
Net income  29.663.334.3-9.2-1.11.016.81.1
            Net margin  17.6%38.6%19.6%-7.0%-0.6%0.6%10.8%0.8%
   
Basic EPS   [+]$3.34$7.10$3.88($1.05)($0.12)$114.07$1.93$0.12
Diluted EPS   [+]$3.31$7.04$3.86($1.05)($0.12)$114.00$1.93$0.12
   
Shares outstanding (basic)   [+]8.98.88.88.88.70.08.78.7
Shares outstanding (diluted)   [+]8.98.98.88.88.70.08.78.7
   
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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