Career Education Corp. (CECO) Income Statement

Income Statement for Career Education Corp.  (CECO) 
$ 11.03   -0.37 (-3.25%) Volume: 1.09 m 4:00 PM EST Feb 10, 2012
After Hours:  $ 11.1742   0.1442 (+1.31%) Volume: 1.55 k 4:39 PM EST Feb 10, 2012
Statement: View:
Income [+] in Millions of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Operating Revenue 2,124 1,834 1,661 1,675 1,806
Total Revenue 2,124 1,834 1,661 1,675 1,806
Adjustments to Revenue - - - - -
Cost of Revenue (639) (604) (599) (594) (554)
Cost of Sales With Depreciation 639 606 605 594 563
Gross Margin 1,485 1,230 1,061 1,081 1,251
Gross Operating Profit 1,485 1,230 1,061 1,081 1,251
Selling/General/Admin Expense (1,096) (931) (866) (877) (918)
Research & Development - - - - -
Advertising - - - - -
EBITDA (Operating Income Before Depreciation) 390 299 195 204 333
Depreciation & Amortization (72) (68) (78) (78) (86)
Depreciation, Unreconciled 71 65 72 78 77
Amortization - - - - -
Amortization of Intangibles - - - - -
Operating Income 318 231 118 126 247
Operating Profit After Depreciation 318 231 118 126 247
Interest Income 1 2 14 19 19
Earnings from Equity Interest - - 5 5 4
Other Income, Net (0) (1) 2 1 (0)
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges (72) (2) (9) (6) (90)
Total Income Before Interest Expense (EBIT) 247 231 129 145 180
Interest Expense (0) (0) (1) (1) (2)
Income Before Tax 247 230 128 144 178
Income Taxes (80) (81) (39) (48) (89)
Minority Interest - - - - -
Preferred Securities of Subsidiary Trust - - - - -
Other Special Charges 247 230 128 144 178
Net Income from Continuing Operations 167 150 90 96 88
Net Income from Discontinued Operations (9) (68) (30) (36) (42)
Net Income from Total Operations 158 81 60 60 47
Normalized Income 238 152 99 101 179
Extraordinary Income/Loss - - - - -
Special Income/Charges (72) (2) (9) (6) (90)
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Net Income Available for Common 167 150 90 96 88
Other Gains - - - - -
Total Net Income 158 81 60 60 47
Net Income Available for Common 167 150 90 96 88
Results [+] in Dollars (Preferred Dividends in Millions)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.00 0.00 0.00 0.00 0.00
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 2.08 1.74 1.00 1.02 0.92
Basic EPS from Discontinued Operations -0.11 -0.79 -0.33 -0.38 -0.44
Basic EPS from Extraordinary Income Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Basic EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Net Income 1.97 0.95 0.67 0.64 0.48
Basic Normalized Net Income per Share 2.98 1.77 1.10 1.08 1.86
Basic EPS from Total Operations 1.97 0.95 0.67 0.64 0.48
Diluted EPS from Continuing Operations 2.06 1.73 1.00 1.01 0.90
Diluted EPS from Discontinued Operations -0.11 -0.79 -0.33 -0.38 -0.43
Diluted EPS from Extraordinary Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Net Income 1.95 0.94 0.67 0.63 0.47
Diluted Normalized Net Income per Share 2.95 1.76 1.10 1.07 1.82
Excise Tax - - - - -
Diluted EPS from Total Operations 1.95 0.94 0.67 0.63 0.47