ARBITRON INC (ARB) [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
Revenues	449.9	422.3	395.4	385.0	368.8	338.5	319.3	300.4
Revenue growth	6.5%	6.8%	2.7%	4.4%	9.0%	6.0%	6.3%	1.3%
Cost of goods sold	231.9	220.4	215.3	196.3	185.6	157.2	120.7	101.8
Gross profit	217.9	201.9	180.1	188.7	183.2	181.3	198.6	198.6
Gross margin	48.4%	47.8%	45.5%	49.0%	49.7%	53.6%	62.2%	66.1%
Selling, general and administrative	89.1	78.4	75.3	81.9	85.3	79.5	78.5	66.5
Research and development	40.6	38.4	39.1	42.0	41.4	42.5	44.2	38.4
EBITA	97.9	94.1	73.6	72.6	63.4	64.1	85.2	103.1
EBITA margin	21.8%	22.3%	18.6%	18.9%	17.2%	18.9%	26.7%	34.3%
Amortization of intangibles	2.4	1.7	0.8	0.1	0.3	0.8	1.6	1.7
EBIT	95.4	92.4	72.7	72.4	63.1	63.3	83.7	101.5
EBIT margin	21.2%	21.9%	18.4%	18.8%	17.1%	18.7%	26.2%	33.8%
Pre-tax income	94.9	88.3	71.8	61.1	61.5	64.8	80.6	100.5
Income taxes	38.0	35.1	27.3	19.0	24.3	24.3	30.3	33.2
Tax rate	40.0%	39.7%	38.0%	31.0%	39.5%	37.5%	37.5%	33.1%
Earnings from continuing ops	56.9	53.3	44.5	42.2	37.2	40.5	50.3	67.3
Earnings from discontinued ops					0.4	-0.3	0.3	0.0
Net income	56.9	53.3	44.5	42.2	37.2	40.2	50.7	67.3
Net margin	12.7%	12.6%	11.2%	11.0%	10.1%	11.9%	15.9%	22.4%

Diluted EPS	$2.11	$1.93	$1.64	$1.58	$1.37	$1.37	$1.67	$2.14
Shares outstanding (diluted)	27.0	27.7	27.1	26.7	27.3	29.7	30.1	31.5

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