TRIBUNE MEDIA CO (TRCO) [Rocket]

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-28-14	Dec-29-13	Dec-30-12	Dec-30-07
Revenues	2,009.7	1,849.0	1,947.9	1,802.0	1,780.6	1,147.2	1,232.8	5,063.0
Revenue growth	8.7%	-5.1%	8.1%	1.2%	55.2%	-6.9%		-7.0%
Cost of goods sold	401.4	391.8	390.6	376.4	364.2	225.9	238.2	2,545.6
Gross profit	1,608.4	1,457.2	1,557.3	1,425.6	1,416.4	921.3	994.6	2,517.4
Gross margin	80.0%	78.8%	79.9%	79.1%	79.5%	80.3%	80.7%	49.7%
Selling, general and administrative	567.8	573.0	620.4	543.1	519.1	311.4	387.9
Sales and marketing								2,861.0
General and administrative								1,525.4
EBITA	825.4	390.6	753.6	457.9	999.8	610.2	263.6	884.0
EBITA margin	41.1%	21.1%	38.7%	25.4%	56.2%	53.2%	21.4%	17.5%
Amortization of intangibles	167.6	167.6	196.7	195.2	222.2	121.2	11.9	19.9
EBIT	657.8	223.0	556.9	262.6	777.6	489.0	251.7	864.1
EBIT margin	32.7%	12.1%	28.6%	14.6%	43.7%	42.6%	20.4%	17.1%
Pre-tax income	525.7	-118.3	434.2	-289.4	760.9	258.9	266.7	37.1
Income taxes	113.1	-301.4	347.2	25.9	284.3	96.0	-16.9	-18.2
Tax rate	21.5%	254.8%	80.0%		37.4%	37.1%
Earnings from continuing ops	412.6	194.1	101.3	-319.9	476.6	162.9	283.6	55.3
Earnings from discontinued ops							138.9	31.6
Net income	412.6	194.1	101.3	-319.9	476.7	241.6	422.5	86.9
Net margin	20.5%	10.5%	5.2%	-17.8%	26.8%	21.1%	34.3%	1.7%

Diluted EPS	$4.67	$2.21	$1.12	($3.38)	$4.92	$1.63
Shares outstanding (diluted)	88.4	88.0	90.6	94.7	96.9	100.2

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.