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PROLIANCE INTERNATIONAL, INC. (PLI)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03Dec-31-02Dec-31-01
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Automotive and light truck        3.4 
    Other        227.2 
Total revenues  350.1393.9416.1296.8218.4198.9230.6203.3
            Revenue growth  -11.1%-5.3%40.2%35.9%9.8%-13.8%13.4% 
Cost of goods sold  284.7311.0324.3247.4174.6164.4184.3175.9
Gross profit  65.483.091.849.443.934.546.327.4
            Gross margin  18.7%21.1%22.1%16.6%20.1%17.3%20.1%13.5%
Selling, general and administrative  48.676.093.866.340.036.238.936.8
EBITDA   [+]26.512.64.3-11.98.62.912.8-3.9
            EBITDA margin  7.6%3.2%1.0%-4.0%3.9%1.5%5.6%-1.9%
Depreciation and amortization  9.78.96.25.04.74.65.45.5
EBIT   [+]16.83.8-2.0-16.93.9-1.77.4-9.4
            EBIT margin  4.8%1.0%-0.5%-5.7%1.8%-0.9%3.2%-4.6%
Non-recurring items  0.24.13.13.9 1.51.33.6
Interest expense  15.813.811.28.04.83.73.74.5
Other income (expense), net  -2.8-0.9     -0.5
Pre-tax income  -2.0-15.1-16.3-28.7-0.9-6.92.3-18.1
Income taxes  2.11.71.7-1.0-0.6-1.6-4.42.7
            Tax rate     3.4%62.9%23.6%  
Earnings from continuing ops  -4.1-16.8-18.1-27.7-0.3-5.32.0-20.8
Earnings from discontinued ops     0.8    
Net income  -4.1-16.8-18.1-9.95.2-4.52.0-20.8
            Net margin  -1.2%-4.3%-4.3%-3.3%2.4%-2.3%0.9%-10.2%
   
Basic EPS   [+]($0.26)($1.09)($1.18)($2.59)($0.05)($0.75)$0.28($3.15)
Diluted EPS   [+]($0.26)($1.09)($1.18)($2.59)($0.05)($0.75)$0.28($3.15)
   
Shares outstanding (basic)   [+]15.715.415.310.77.17.17.06.6
Shares outstanding (diluted)   [+]15.715.415.310.77.17.17.16.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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