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Income Statement
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Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

IOWA TELECOMMUNICATIONS SERVICES INC (IWA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03Dec-31-02
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  254.1247.0251.4398.9231.6228.1205.5203.3
            Revenue growth  2.9%-1.8%-37.0%72.2%1.5%11.0%1.1%-0.3%
Cost of goods sold  83.678.178.266.564.155.849.553.9
Gross profit  170.5168.9173.2332.4167.5172.4156.0149.5
            Gross margin  67.1%68.4%68.9%83.3%72.3%75.6%75.9%73.5%
Selling, general and administrative  56.444.742.246.341.737.434.231.6
EBITDA   [+]114.1124.2130.9129.6125.8134.9121.7117.8
            EBITDA margin  44.9%50.3%52.1%32.5%54.3%59.2%59.2%57.9%
Depreciation  58.451.747.245.646.245.643.941.7
EBITA  55.772.483.784.079.689.477.876.1
            EBITA margin  21.9%29.3%33.3%21.1%34.4%39.2%37.9%37.4%
Amortization of intangibles  2.71.91.72.12.42.41.92.2
EBIT   [+]53.070.581.981.977.287.075.973.9
            EBIT margin  20.9%28.5%32.6%20.5%33.3%38.1%36.9%36.3%
Non-recurring items     4.2    
Interest expense, net   [+]29.930.531.030.830.051.647.851.3
Other income (expense), net  0.40.4-0.7-0.6-0.8-21.2 -98.4
Pre-tax income  23.540.450.346.446.414.228.1-75.7
Income taxes  13.117.320.912.30.00.00.00.0
            Tax rate  55.9%42.9%41.7%26.6%0.0%0.0%0.0%0.0%
Minority interest  0.20.1      
Net income  10.323.029.334.046.469.819.3-84.5
            Net margin  4.1%9.3%11.7%8.5%20.0%30.6%9.4%-41.5%
   
Basic EPS   [+]$0.29$0.71$0.91$1.09$1.50$2.97$0.86($84,477.00)
Diluted EPS   [+]$0.29$0.70$0.90$1.06$1.46$2.64$0.79($84,477.00)
   
Shares outstanding (basic)   [+]35.632.532.231.230.923.522.50.0
Shares outstanding (diluted)   [+]35.632.932.632.131.826.524.50.0
   
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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