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IMPERIAL SUGAR CO /NEW (IPSU)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-11Sep-30-10Sep-30-09Sep-30-08Sep-30-07Sep-30-06Sep-30-05Sep-30-04
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  848.0908.0522.6592.4875.5946.8803.8785.9
            Revenue growth  -6.6%73.8%-11.8%-32.3%-7.5%17.8%2.3%-14.6%
Cost of goods sold  861.5927.3511.5585.9782.0827.6761.5723.3
Gross profit  -13.5-19.311.16.593.5119.242.262.6
            Gross margin  -1.6%-2.1%2.1%1.1%10.7%12.6%5.3%8.0%
Selling, general and administrative  38.041.445.845.452.347.443.139.4
EBITDA   [+]-28.3232.2-11.5-52.267.986.22.123.0
            EBITDA margin  -3.3%25.6%-2.2%-8.8%7.8%9.1%0.3%2.9%
Depreciation and amortization  21.923.014.313.914.114.512.711.2
EBIT   [+]-50.2209.2-25.8-66.253.771.7-10.711.8
            EBIT margin  -5.9%23.0%-4.9%-11.2%6.1%7.6%-1.3%1.5%
Non-recurring items   [+]  16.1     
Interest expense, net   [+]1.91.71.0-1.0 -0.12.35.8
Other income (expense), net  4.2-146.835.213.4 1.94.92.3
Pre-tax income  -47.960.7-7.8-51.857.373.7-8.18.3
Income taxes  5.5-76.216.1-30.613.825.3-2.60.8
            Tax rate     59.1%24.0%34.3%32.5%9.2%
Earnings from continuing ops  -53.4136.9-23.8-21.243.648.4-5.47.5
Earnings from discontinued ops        -19.315.0
Net income  -53.4136.9-23.2-20.940.250.1-24.822.5
            Net margin  -6.3%15.1%-4.4%-3.5%4.6%5.3%-3.1%2.9%
   
Basic EPS   [+]($4.49)$11.59($2.03)($1.82)$3.81$4.44($0.52)$0.73
Diluted EPS   [+]($4.49)$11.33($2.03)($1.82)$3.71$4.31($0.52)$0.69
   
Dividends per share   [+]$0.09$0.09$0.20     
   
Shares outstanding (basic)   [+]11.911.811.711.711.410.910.510.2
Shares outstanding (diluted)   [+]11.912.111.711.711.711.210.510.8
   
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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