OUTERWALL INC (OUTR) [Rocket]

In millions, except per share items	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Redbox	1,760.9	1,881.7	1,967.7	1,908.8	1,561.6	1,159.7	773.4
Coinstar	318.6	315.6	300.2	290.8	282.4
Other	113.7	94.2	31.9			276.7	259.2
Total revenues	2,193.2	2,291.6	2,299.8	2,199.9	1,844.0	1,436.4	1,032.6	650.1
Revenue growth [+]	-4.3%	-0.4%	4.5%	19.3%	28.4%	39.1%	58.8%	111.5%
Redbox	-6.4%	-4.4%	3.1%	22.2%	34.7%	49.9%
Coinstar	0.9%	5.1%	3.3%	3.0%
Cost of goods sold	1,493.1	1,581.3	1,557.0	1,498.8	1,280.2	1,000.9	716.0	408.2
Gross profit	700.1	710.3	742.8	701.1	563.8	435.5	316.6	241.9
Gross margin	31.9%	31.0%	32.3%	31.9%	30.6%	30.3%	30.7%	37.2%
Selling, general and administrative [+]	226.1	225.8	246.0	230.5	185.9	152.5	116.6	86.9
Sales and marketing	35.7	35.3	30.2	26.0	28.5	23.8	15.5	14.8
General and administrative	190.4	190.5	215.8	204.5	157.4	128.6	101.1	72.1
Research and development	7.2	13.0	13.1	6.8	7.6	7.4	5.3	4.8
Equity in earnings
Other operating expenses	99.0	201.3	193.5	184.4	147.4	127.0	90.0	60.0
EBITDA [+]	545.1	465.3	483.9	458.6	368.5	272.3	191.1	146.7
EBITDA growth	17.2%	-3.8%	5.5%	24.4%	35.3%	42.5%	30.3%	51.8%
EBITDA margin	24.9%	20.3%	21.0%	20.8%	20.0%	19.0%	18.5%	22.6%
Depreciation	163.7	180.5	182.8	173.8	140.3	118.3	81.4	52.4
EBITA	381.4	284.8	301.1	284.8	228.2	153.9	109.7	94.2
EBITA margin	17.4%	12.4%	13.1%	12.9%	12.4%	10.7%	10.6%	14.5%
Amortization of intangibles	13.6	14.7	10.9	5.4	5.2	5.3	5.0	4.0
EBIT [+]	367.8	270.1	290.2	279.4	223.0	148.6	104.7	90.2
EBIT growth	36.2%	-6.9%	3.9%	25.3%	50.1%	41.9%	16.0%	48.2%
EBIT margin	16.8%	11.8%	12.6%	12.7%	12.1%	10.3%	10.1%	13.9%
Non-recurring items [+]	198.9	1.7	11.3			5.4		4.1
Asset impairment	198.9	0.6	4.5
Legal settlement						5.4
Interest expense, net [+]	42.4	47.7	37.1	6.5	23.8	34.7	34.2	20.8
Interest expense	42.4	47.7	37.1	6.5	23.8	34.7	34.2	21.5
Interest income								0.8
Other income (expense), net [+]	-3.4	-29.9	20.7	-14.5	-1.3	0.4	-1.1	-0.6
Gain (loss) on debt retirement							-1.1
Gain (loss) on foreign currency transactions							0.0	-0.6
Other	-2.7	-1.2	-3.6	-0.2	0.3	0.4	-35.3	-21.4
Pre-tax income	123.1	190.8	262.4	258.4	197.9	108.9	69.4	64.8
Income taxes	73.6	66.2	39.7	97.9	74.9	43.0	-25.7	19.0
Tax rate	59.8%	34.7%	15.1%	37.9%	37.9%	39.5%		29.4%
Minority interest							-3.6	-14.4
Earnings from continuing ops	49.4	124.7	222.7	160.5	122.9	65.9	47.3	105.9
Earnings from discontinued ops				-10.2	-19.1	-14.9	13.6	-17.2
Net income	44.3	106.6	174.8	150.2	103.9	51.0	60.9	88.7
Net margin	2.0%	4.7%	7.6%	6.8%	5.6%	3.6%	5.9%	13.6%

Basic EPS [+]	$2.83	$6.17	$8.18	$5.29	$4.03	$2.11	$1.57	$3.78
Growth	-54.2%	-24.5%	54.5%	31.4%	91.1%	34.3%	-58.4%	360.6%
Diluted EPS [+]	$2.83	$6.08	$7.91	$4.99	$3.86	$2.03	$1.55	$3.72
Growth	-53.5%	-23.1%	58.5%	29.3%	89.7%	31.2%	-58.3%	353.8%

Dividends per share	$1.20

Shares outstanding (basic) [+]	17.5	20.2	27.2	30.3	30.5	31.3	30.2	28.0
Growth	-13.5%	-25.8%	-10.2%	-0.7%	-2.4%	3.7%	7.5%	0.8%
Shares outstanding (diluted) [+]	17.5	20.5	28.2	32.2	31.9	32.4	30.5	28.5
Growth	-14.7%	-27.2%	-12.4%	1.0%	-1.6%	6.2%	7.2%	2.4%

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