Digital Generation, Inc. (DGIT) [Rocket]

In millions, except per share items	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08	Dec-31-07	Dec-31-06	Dec-31-05
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Television	246.0	246.8	222.9	169.6
Online	140.7	77.5	18.4	13.1
Video and Audio Content Distribution					148.9	92.3	64.9	50.0
Other					8.2	5.3	3.8
Other								1.9
Total revenues	386.6	324.3	241.3	182.7	157.1	97.7	68.7	51.8
Revenue growth [+]	19.2%	34.4%	32.1%	16.3%	60.8%	42.3%	32.5%	-3.3%
Television	-0.3%	10.7%	31.4%
Online	81.5%	320.3%	41.0%
Video and Audio Content Distribution					61.2%	42.3%	29.9%	-5.7%
Other					53.3%	42.3%
Source Ecreative								208.8%
Cost of goods sold	137.3	106.4	73.2	65.9	64.4	41.6	33.3	32.2
Gross profit	249.3	217.8	168.1	116.8	92.6	56.1	35.3	19.6
Gross margin	64.5%	67.2%	69.7%	63.9%	59.0%	57.4%	51.5%	37.9%
Selling, general and administrative [+]	117.5	76.5	46.2	38.4	29.3	20.9	14.7	11.5
Sales and marketing	64.2	33.7	13.5	12.7	8.3	7.0	4.2	3.9
General and administrative	53.2	42.8	32.6	25.7	21.0	13.9	10.5	7.6
Research and development	23.6	19.1	10.6	6.3	4.3	3.2	1.8	1.1
Equity in earnings
Other operating expenses	-2.4				21.4
Adjusted EBITDA	125.7	134.6	116.1	76.8	60.3	32.3	19.8	7.3
Adjusted EBITDA margin	32.5%	41.5%	48.1%	42.1%	38.4%	33.1%	28.8%	14.1%
Stock-based compensation	17.5	12.4	4.8	4.0	1.2	0.4	0.3
EBITDA [+]	110.6	122.7	112.1	72.9	59.1	31.9	19.4	7.3
EBITDA growth	-9.8%	9.5%	53.9%	23.3%	85.1%	64.1%	165.3%	-44.4%
EBITDA margin	28.6%	37.8%	46.5%	39.9%	37.6%	32.7%	28.3%	14.1%
Depreciation	27.6	18.6	17.4	15.3	12.7	8.6	6.1	4.8
EBITA	83.0	104.1	94.7	57.6	46.3	23.3	13.3	2.5
EBITA margin	21.5%	32.1%	39.2%	31.5%	29.5%	23.9%	19.4%	4.9%
Amortization of intangibles	29.7	20.7	12.6	11.2	8.6	4.3	3.0	1.9
EBIT [+]	53.3	83.4	82.1	46.4	37.7	19.1	10.3	0.7
EBIT growth	-36.1%	1.6%	77.1%	22.9%	98.0%	85.0%	1408.2%	-90.7%
EBIT margin	13.8%	25.7%	34.0%	25.4%	24.0%	19.5%	15.0%	1.3%
Non-recurring items [+]	230.5	15.1	0.3					0.4
Asset impairment	222.0
Interest expense, net [+]	28.5	14.3	7.1	11.8	12.1	3.1	2.8	3.0
Interest expense	31.3	14.9	7.4	11.8	12.1	3.1	2.8	3.0
Interest income	2.8	0.6	0.2
Other income (expense), net	-5.6	-1.3		-0.1	-1.0	2.4	-4.7
Pre-tax income	-211.3	52.8	74.7	34.5	24.7	18.4	2.8	-2.7
Income taxes	27.4	26.2	29.4	14.6	9.6	7.5	2.4	-0.8
Tax rate		49.7%	39.4%	42.2%	38.8%	40.8%	86.3%	28.0%
Earnings from continuing ops	-238.8	26.5	45.3	19.9	15.1	10.9	0.4	-2.0
Earnings from discontinued ops	-1.1	-2.1	-3.7	0.6		-0.5	-1.0	0.9
Net income	-239.8	24.5	41.6	20.5	15.1	10.4	-0.6	-1.1
Net margin	-62.0%	7.6%	17.2%	11.2%	9.6%	10.7%	-0.9%	-2.1%

Basic EPS [+]	($8.69)	$0.96	$1.66	$0.88	$0.81	$0.65	$0.04	($0.27)
Growth	-1001.0%	-42.0%	88.5%	9.1%	23.8%	1722.5%	-113.4%	-158.7%
Diluted EPS [+]	($8.69)	$0.96	$1.64	$0.86	$0.79	$0.64	$0.04	($0.27)
Growth	-1009.0%	-41.8%	90.4%	9.1%	24.3%	1672.9%	-113.4%	-159.1%

Shares outstanding (basic) [+]	27.5	27.5	27.2	22.6	18.6	16.6	10.6	7.4
Growth	-0.1%	1.1%	20.6%	21.1%	12.1%	57.4%	43.2%	1.4%
Shares outstanding (diluted) [+]	27.5	27.8	27.6	23.1	19.1	17.1	10.6	7.4
Growth	-1.0%	0.7%	19.4%	21.1%	11.6%	61.8%	43.2%	0.7%

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