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OFFICIAL PAYMENTS HOLDINGS, INC. (OPAY)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-12Sep-30-11Sep-30-10Sep-30-09Sep-30-08Sep-30-07Sep-30-06Sep-30-05
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Payment Solutions  134.4128.6127.2     
    EPS     123.2116.699.0  
    Wind- down      5.99.312.527.3
    EPP        78.656.5
    Other  1.31.53.05.0    
Total revenues   [+]135.7130.2130.2128.2122.6108.390.978.7
            Revenue growth   [+]4.3%0.0%1.5%4.6%13.2%19.1%15.5%-38.4%
Cost of goods sold  95.4100.898.395.695.282.768.460.0
Gross profit  40.429.431.932.727.325.622.518.7
            Gross margin  29.7%22.6%24.5%25.5%22.3%23.7%24.7%23.8%
Selling, general and administrative   [+]38.929.731.632.236.734.340.433.0
Equity in earnings       0.50.4-0.2
EBITDA   [+]3.0-0.30.3 -9.2-16.9-17.1-14.8
            EBITDA margin  2.2%-0.2%0.3%-4.8%-7.5%-15.6%-18.8%-18.8%
Depreciation and amortization  7.47.36.7 5.54.75.56.1
EBIT   [+]-4.3-7.6-6.4-6.2-14.7-21.6-22.6-20.9
            EBIT margin  -3.2%-5.8%-4.9%-4.8%-12.0%-20.0%-24.9%-26.6%
Non-recurring items   [+]1.6 0.0     
Interest income, net   [+]0.00.10.40.82.73.33.01.5
Other income (expense), net   [+]0.0 0.00.0  0.1 
Pre-tax income  -5.9-7.5-5.9-5.4-12.0-18.3-19.6-19.4
Income taxes  0.10.00.00.00.10.10.00.1
            Tax rate          
Earnings from continuing ops  -6.0-7.4-5.9-5.5-12.0-18.4-19.6-19.5
Earnings from discontinued ops      -15.415.410.220.6
Net income  -6.0-7.2-6.2-11.5-27.4-3.0-9.51.1
            Net margin  -4.4%-5.5%-4.8%-9.0%-22.4%-2.8%-10.4%1.4%
   
Basic EPS   [+]($0.36)($0.43)($0.33)($0.28)($0.61)($0.97)($1.00)($1.04)
Diluted EPS   [+]($0.36)($0.43)($0.33)($0.28)($0.61)($0.97)($1.00)($1.04)
   
Shares outstanding (basic)   [+]16.617.118.219.419.619.019.718.8
Shares outstanding (diluted)   [+]16.617.118.219.419.619.019.718.8
   
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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