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AEROFLEX HOLDING CORP. (ARX)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-13Jun-30-12Jun-30-11Jun-30-10Jun-30-09Jun-30-08Jun-30-07Jun-30-06
   10-K10-K10-K10-K/A10-KS-1/AS-1/AS-1/A
Revenues:  
    Aeroflex Microelectronic Solutions  360.8381.8395.1     
    United States of America  348.7409.3393.4382.5350.8   
    Aeroflex Test Solutions  286.3291.2334.3     
    Europe and Middle East  145.0138.0152.0140.1140.5   
    Other     132.4108.0   
Total revenues  647.1673.0729.4655.0599.3   
            Revenue growth   [+]-3.8%-7.7%11.4%9.3%    
Cost of goods sold  318.0334.1337.3312.1311.3   
Gross profit  329.1338.9392.1343.0288.0   
            Gross margin  50.9%50.4%53.8%52.4%48.1%   
Selling, general and administrative  147.1151.8150.9128.963.0   
Research and development  86.989.890.176.269.6   
Other operating expenses  64.555.165.561.9127.7   
EBITDA   [+]110.2126.5169.1158.8112.2   
            EBITDA margin  17.0%18.8%23.2%24.2%18.7%   
Depreciation and amortization  23.221.619.820.821.5   
EBITA  87.1104.9149.3138.090.7   
            EBITA margin  13.5%15.6%20.5%21.1%15.1%   
Amortization of intangibles  56.562.763.761.963.0   
EBIT   [+]30.642.285.676.127.8   
            EBIT margin  4.7%6.3%11.7%11.6%4.6%   
Non-recurring items   [+]101.063.532.98.147.0   
Interest expense  41.434.266.283.983.8   
Other income (expense), net   [+]-3.4-3.0-60.04.511.0   
Pre-tax income  -115.3-58.5-73.5-11.4-92.0   
Income taxes  -11.0-4.9-38.80.8-15.3   
            Tax rate  9.6%8.4%52.8% 16.7%   
Minority interest  -104.2-53.6      
Net income  -104.2-53.6-34.7-12.3-76.7   
            Net margin  -16.1%-8.0%-4.8%-1.9%-12.8%   
   
Basic EPS   [+]($1.23)($0.63)($0.45)($0.19)($1.18)   
Diluted EPS   [+]($1.23)($0.63)($0.45)($0.19)($1.18)   
   
Shares outstanding (basic)   [+]84.984.877.265.065.0   
Shares outstanding (diluted)   [+]84.984.877.265.065.0   
   
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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