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LIBERTY HOMES INC (LIBHA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-03Dec-31-02Dec-31-01Dec-31-00
   10-K10-K10-K10-K
Revenues  84.491.9112.3128.2
            Revenue growth  -8.1%-18.2%-12.4% 
Cost of goods sold  74.481.095.7116.4
Gross profit  10.010.916.611.8
            Gross margin  11.9%11.8%14.8%9.2%
Selling, general and administrative  14.518.219.022.2
EBITDA   [+]-2.7-5.30.1-7.9
            EBITDA margin  -3.2%-5.8%0.0%-6.1%
Depreciation and amortization  1.82.02.52.5
EBIT   [+]-4.5-7.4-2.4-10.4
            EBIT margin  -5.4%-8.0%-2.1%-8.1%
Interest expense  0.10.20.30.4
Other income (expense), net  -0.10.10.60.8
Pre-tax income  -4.7-7.5-2.2-10.0
Income taxes  -0.1-2.7-0.73.8
            Tax rate  1.3%36.8%31.6% 
Minority interest  0.00.2-0.1 
Net income  -4.6-4.6-1.6-5.9
            Net margin  -5.5%-5.0%-1.4%-4.6%
   
   
   
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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