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LODGENET INTERACTIVE CORP (LNET)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-12Sep-30-12Jun-30-12Mar-31-12Dec-31-11Sep-30-11Jun-30-11Mar-31-11
   10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Revenues:          
Hospitality and Advertising Services   88.289.591.8 104.2103.4105.8
Healthcare   3.03.22.9 2.63.21.9
    Total revenues  86.091.292.894.7100.1106.8106.6107.7
            Total revenues growth  -14.1%-14.6%-13.0%-12.1%-6.7%-6.1%-5.7%-8.7%
Direct costs and operating expenses:          
Direct costs (exclusive of operating expenses and depreciation and amortization shown separately below):          
Hospitality and Advertising Services   53.853.254.7 58.658.659.4
Healthcare   1.52.01.8 1.41.50.9
   
Operating expenses:          
System operations   8.38.28.9 9.89.710.1
Selling, general and administrative   8.810.89.2 10.310.89.7
Depreciation and amortization   13.818.015.2 17.117.819.6
Goodwill impairment charge    92.6     
Restructuring charge   1.13.50.6 0.70.01.2
Other operating expense (income)  0.00.00.00.0 0.00.00.0
   
Other operating income          
    Total direct costs and operating expenses   87.1188.390.5 98.098.5100.8
    (Loss) income from operations  -103.84.1-95.54.2 8.98.26.9
            Operating margin   4.5%-103.0%4.4% 8.3%7.7%6.4%
   
Other income and (expenses):          
Interest expense   -5.8-5.9-6.0 -6.4-11.0-7.7
Loss on early retirement of debt  -0.3 -0.2-0.2-0.2  -0.2
Other (expense) income  -1.20.00.00.0-0.3-0.20.0-0.3
   
Gain on extinguishment of debt          
    Loss before income taxes  -130.6-1.7-101.6-1.9-3.32.3-2.8-0.6
(Provision) benefit for income taxes   0.30.10.2-2.60.30.10.3
            Tax rate  0.0%   80.6%12.4%  
    Net loss  -134.3-2.0-101.7-2.1-0.62.0-2.9-0.9
Preferred stock dividends (See Note 11)  -5.6-1.4-1.4-1.4-5.7-1.4-1.4-1.4
    Net loss attributable to common stockholders  -139.8-3.4-103.1-3.5-6.40.6-4.4-2.3
   
Net loss per common share (basic and diluted) (in dollars per share)  ($5.48)($0.13)($4.08)($0.14)($0.25)$0.02($0.17)($0.09)
   
Weighted average shares outstanding (basic and diluted) (in shares)   25.425.225.2 25.225.125.0

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