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CPI INTERNATIONAL, INC. (CPII)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsOct-01-10Oct-02-09Oct-03-08Sep-28-07Sep-29-06Sep-30-05Oct-01-04Jan-22-04
   10-K/A10-K/A10-K/A10-K10-K10-K10-K10-K
Revenues:  
    VED     22.9 25.1  
    Satcom equipment     0.0 0.1  
    Other     3.1    
    Other     325.1 295.6  
Total revenues  360.4332.9370.0351.1339.7320.7202.379.9
            Revenue growth  8.3%-10.0%5.4%3.3%5.9%58.6%  
Cost of goods sold  252.0239.4261.1237.8236.1216.0141.256.2
Gross profit  108.493.5108.9113.3103.7104.761.123.7
            Gross margin  30.1%28.1%29.4%32.3%30.5%32.6%30.2%29.7%
Selling, general and administrative   [+]45.840.244.140.942.246.423.610.4
Research and development  12.410.510.88.68.67.25.32.2
EBITDA   [+]38.650.861.970.659.157.335.312.9
            EBITDA margin  10.7%15.3%16.7%20.1%17.4%17.9%17.5%16.2%
Depreciation  8.17.87.66.66.66.43.11.5
EBITA  30.643.054.364.152.550.932.211.4
            EBITA margin  8.5%12.9%14.7%18.2%15.5%15.9%15.9%14.3%
Amortization of intangibles  3.03.03.42.52.57.813.70.2
EBIT   [+]27.640.050.961.550.143.118.611.1
            EBIT margin  7.7%12.0%13.8%17.5%14.7%13.4%9.2%13.9%
Non-recurring items        2.56.4
Interest expense  15.217.019.120.9 20.3  
Other income (expense), net   0.2-0.6-6.3    
Pre-tax income  12.423.231.334.326.322.85.5-4.1
Income taxes  5.6-0.210.811.79.19.12.90.4
            Tax rate  45.5% 34.6%34.3%34.5%40.1%52.3% 
Net income  6.723.520.422.517.213.72.6-10.8
            Net margin  1.9%7.0%5.5%6.4%5.1%4.3%1.3%-13.5%
   
Basic EPS   [+]$0.41$1.44$1.25$1.39$1.20$1.05$0.20 
Diluted EPS   [+]$0.38$1.35$1.16$1.27$1.09$0.98$0.19 
   
Shares outstanding (basic)   [+]16.616.316.416.214.313.113.1 
Shares outstanding (diluted)   [+]17.817.417.717.715.814.013.7 
   
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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