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LODGENET INTERACTIVE CORP (LNET)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Hospitality and Advertising Services  353.2410.9443.7476.7    
Healthcare  11.510.38.57.8    
    Total revenues  364.7421.3452.2484.5533.9485.6288.2275.8
            Total revenues growth  -13.4%-6.8%-6.7%-9.3%9.9%68.5%4.5%3.5%
Direct costs and operating expenses:          
Direct costs (exclusive of operating expenses and depreciation and amortization shown separately below):          
Hospitality and Advertising Services  211.8232.2249.7270.0    
Healthcare  6.45.14.33.9    
   
Operating expenses:          
System operations  34.539.442.942.6    
Selling, general and administrative  37.341.948.245.5    
Depreciation and amortization  63.872.283.2100.3    
Goodwill impairment charge  92.6       
Restructuring charge  7.61.90.40.6    
Reorganization items  14.6       
Other operating expense (income)  0.00.00.0-0.1    
   
Other operating income          
    Total direct costs and operating expenses  468.5392.8428.8462.8    
    (Loss) income from operations  -103.828.523.421.7    
            Operating margin  -28.5%6.8%5.2%4.5%    
   
Other income and (expenses):          
Interest expense  -25.3-31.2-33.5-38.1    
Loss on early retirement of debt  -0.3-0.2-1.19.3    
Other (expense) income  -1.2-0.30.30.7    
   
Gain on extinguishment of debt          
    Loss before income taxes  -130.6-3.3-10.9-9.4-47.6-65.92.1-6.5
(Provision) benefit for income taxes  3.7-2.60.80.8    
            Tax rate   80.6%  0.0%0.0%  
    Net loss  -134.3-0.6-11.7-10.2    
Preferred stock dividends (See Note 11)  -5.6-5.7-5.8     
    Net loss attributable to common stockholders  -139.8-6.4-17.4-13.3    
   
Net loss per common share (basic and diluted) (in dollars per share)  ($5.48)($0.25)($0.71)($0.59)    
   
Weighted average shares outstanding (basic and diluted) (in shares)  25.525.124.522.4    

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