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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   269.6285.5299.4 418.4425.7434.0
Healthcare   9.18.88.8 10.19.77.9
    Total revenues  278.7278.7294.3308.2321.2428.5435.4441.8
            Total revenues growth  -13.2%-35.0%-32.4%-30.3%-3.9%88.9%285.1%-6.9%
Direct costs and operating expenses:          
Direct costs (exclusive of operating expenses and depreciation and amortization shown separately below):          
Hospitality and Advertising Services   161.7166.5171.9 235.7240.2243.8
Healthcare   5.35.24.8 5.04.73.9
   
Operating expenses:          
System operations   25.526.928.4 40.741.642.5
Selling, general and administrative   28.830.330.4 42.844.345.7
Depreciation and amortization   47.050.350.1 74.577.680.7
Goodwill impairment charge    92.6     
Restructuring charge   5.24.91.4 2.01.31.6
Other operating expense (income)  -0.10.00.00.0 0.00.00.0
   
Other operating income          
    Total direct costs and operating expenses   366.0376.8286.9 400.6409.6418.2
    (Loss) income from operations  -191.1-87.3-82.521.2 27.925.823.7
            Operating margin  -68.6%-31.3%-28.0%6.9% 6.5%5.9%5.4%
   
Other income and (expenses):          
Interest expense   -17.7-18.2-23.3 -33.0-34.8-32.5
Loss on early retirement of debt  -0.6 -0.5-0.3-0.3  -0.7
Other (expense) income  -1.2-0.4-0.5-0.5-0.80.10.20.2
   
Gain on extinguishment of debt          
    Loss before income taxes  -235.8-108.5-104.4-5.6-4.3-5.2-9.0-9.1
(Provision) benefit for income taxes   -2.1-2.1-2.0-1.90.90.90.9
            Tax rate  -0.2%   44.0%-17.5%  
    Net loss  -240.0-106.4-102.3-3.6-2.4-6.2-9.9-10.1
Preferred stock dividends (See Note 11)  -9.9-10.0-10.0-10.1-10.1-5.8-5.8-5.8
    Net loss attributable to common stockholders  -249.9-116.4-112.4-13.7-12.5-11.9-15.6-15.8
   
Net loss per common share (basic and diluted) (in dollars per share)  ($9.83)($4.60)($4.45)($0.54)($0.49)($0.47)($0.61)($0.62)
   
Weighted average shares outstanding (basic and diluted) (in shares)   19.018.918.9 24.924.924.9

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