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Income Statement
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GLACIER WATER SERVICES INC (HOO)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-29-02Dec-30-01Dec-31-00
   10-K10-K10-K
Revenues  71.060.359.2
            Revenue growth  17.7%2.0% 
Cost of goods sold  44.738.438.5
Gross profit  26.321.920.7
            Gross margin  37.1%36.3%35.0%
Selling, general and administrative  9.89.38.8
EBITDA   [+]16.612.611.9
            EBITDA margin  23.3%20.9%20.0%
Depreciation and amortization  12.412.412.1
EBIT   [+]4.20.3-0.2
            EBIT margin  5.9%0.4%-0.4%
Non-recurring items  1.4 1.4
Interest expense  6.06.07.0
Other income (expense), net  -0.10.22.6
Pre-tax income  -3.3-5.6-6.0
Income taxes  -0.60.00.0
            Tax rate  18.0%0.0%0.0%
Net income  -2.7-5.6-6.0
            Net margin  -3.8%-9.2%-10.1%
   
Basic EPS   [+]($0.95)($1.96)($2.11)
Diluted EPS   [+]($0.95)($1.96)($2.11)
   
Shares outstanding (basic)   [+]2.82.82.8
Shares outstanding (diluted)   [+]2.82.82.8
   
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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