|
Income Statement for
RCN Corp.
(RCNI)
|
|
|
|
|
|
|
| Income
[+]
|
in Thousands of Dollars |
|
|
| Operating Revenue |
763,770 |
739,243 |
636,097 |
530,412 |
15,501 |
| Total Revenue |
763,770 |
739,243 |
636,097 |
530,412 |
15,501 |
| Adjustments to Revenue |
- |
- |
- |
- |
- |
| Cost of Revenue |
273,553 |
262,534 |
224,030 |
179,410 |
5,656 |
| Cost of Sales With Depreciation |
275,240 |
264,219 |
224,770 |
187,497 |
5,611 |
| Gross Margin |
490,217 |
476,709 |
412,067 |
351,002 |
9,845 |
| Gross Operating Profit |
490,217 |
476,709 |
412,067 |
351,002 |
9,845 |
|
| Selling/General/Admin Expense |
(279,916) |
(294,100) |
(288,426) |
(269,689) |
(7,349) |
| Research & Development |
- |
- |
- |
- |
- |
| Advertising |
- |
- |
- |
- |
- |
| EBITDA (Operating Income Before Depreciation) |
210,301 |
182,609 |
123,641 |
81,313 |
2,496 |
| Depreciation & Amortization |
(194,960) |
(200,600) |
(195,979) |
(192,655) |
(5,035) |
| Depreciation, Unreconciled |
193,273 |
198,915 |
195,239 |
184,568 |
5,080 |
| Amortization |
- |
- |
- |
- |
- |
| Amortization of Intangibles |
- |
- |
- |
- |
- |
| Operating Income |
15,341 |
(17,991) |
(72,338) |
(111,342) |
(2,539) |
| Operating Profit After Depreciation |
15,341 |
(17,991) |
(72,338) |
(111,342) |
(2,539) |
| Interest Income |
- |
- |
- |
- |
- |
| Earnings from Equity Interest |
- |
- |
- |
- |
- |
| Other Income, Net |
32 |
2,880 |
8,146 |
9,740 |
- |
| Income, Acquired in Process R&D |
- |
- |
- |
- |
- |
| Income, Restructuring and M&A |
(575) |
(2,314) |
- |
(641) |
- |
| Other Special Charges |
- |
- |
(71,989) |
6,624 |
- |
| Total Income Before Interest Expense (EBIT) |
14,798 |
(17,425) |
(136,181) |
(95,619) |
(2,539) |
| Interest Expense |
(42,344) |
(53,301) |
(34,510) |
(42,333) |
(888) |
| Income Before Tax |
(27,546) |
(70,726) |
(170,691) |
(137,952) |
(3,427) |
| Income Taxes |
(1,072) |
- |
1,049 |
(779) |
- |
| Minority Interest |
- |
- |
- |
- |
- |
| Preferred Securities of Subsidiary Trust |
- |
- |
- |
- |
- |
| Other Special Charges |
(27,546) |
(70,726) |
(170,691) |
(149,065) |
(3,427) |
| Net Income from Continuing Operations |
(28,618) |
(70,726) |
(169,642) |
(138,731) |
(3,427) |
| Net Income from Discontinued Operations |
- |
- |
17,605 |
19 |
(261) |
| Net Income from Total Operations |
(28,618) |
(70,726) |
(152,037) |
(138,712) |
(3,688) |
|
| Normalized Income |
(28,043) |
(68,412) |
(97,653) |
(144,714) |
(3,427) |
| Extraordinary Income/Loss |
- |
- |
- |
- |
- |
| Special Income/Charges |
(575) |
(2,314) |
(71,989) |
5,983 |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
2,600 |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Net Income Available for Common |
(28,618) |
(70,726) |
(169,642) |
(138,731) |
(56,329) |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
(28,618) |
(70,726) |
(152,037) |
(136,112) |
(3,688) |
| Net Income Available for Common |
(28,618) |
(70,726) |
(169,642) |
(138,731) |
(56,329) |
|
| Results
[+]
|
in Dollars (Preferred Dividends in Thousands) |
|
|
| Dividends Paid Per Share |
0.00 |
0.00 |
9.33 |
0.00 |
0.00 |
| Preferred Dividends |
- |
- |
- |
- |
52,902 |
| Basic EPS from Continuing Operations |
-0.80 |
-1.91 |
-4.58 |
-3.85 |
-0.09 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.48 |
0.00 |
-0.01 |
| 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 |
0.07 |
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 |
-0.80 |
-1.91 |
-4.10 |
-3.78 |
-0.10 |
| Basic Normalized Net Income per Share |
-0.78 |
-1.85 |
-2.64 |
-4.02 |
-0.09 |
| Basic EPS from Total Operations |
-0.80 |
-1.91 |
-4.10 |
-3.85 |
-0.10 |
|
| Diluted EPS from Continuing Operations |
-0.80 |
-1.91 |
-4.58 |
-3.85 |
-0.09 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.48 |
0.00 |
-0.01 |
| 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 |
0.07 |
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 |
-0.80 |
-1.91 |
-4.10 |
-3.78 |
-0.10 |
| Diluted Normalized Net Income per Share |
-0.78 |
-1.85 |
-2.64 |
-4.02 |
-0.09 |
| Excise Tax |
- |
- |
- |
- |
- |
| Diluted EPS from Total Operations |
-0.80 |
-1.91 |
-4.10 |
-3.85 |
-0.10 |
|
|
|
