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KENDLE INTERNATIONAL INC (KNDL)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04
   10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States  138.0179.7214.9196.6155.0110.596.8
    Other  310.2372.2463.6372.2218.9140.2119.1
Total revenues  448.3551.9678.6568.8373.9250.6215.9
            Revenue growth   [+]-18.8%-18.7%19.3%52.1%49.2%16.1% 
Cost of goods sold  171.6210.6247.4204.2152.8108.696.9
Gross profit  276.7341.3431.1364.7221.1142.1119.0
            Gross margin  61.7%61.8%63.5%64.1%59.1%56.7%55.1%
Selling, general and administrative  135.2144.7155.6125.791.868.259.8
EBITDA   [+]26.961.472.167.738.625.215.9
            EBITDA margin  6.0%11.1%10.6%11.9%10.3%10.1%7.4%
Depreciation and amortization  16.315.715.314.910.48.09.2
EBIT   [+]10.645.756.852.828.217.26.7
            EBIT margin  2.4%8.3%8.4%9.3%7.5%6.9%3.1%
Non-recurring items   [+]11.810.2  8.2  
Interest expense, net   [+]11.813.815.116.14.8-0.60.4
Other income (expense), net   [+]7.86.9-2.0-9.0-1.80.0-0.3
Pre-tax income  -5.228.739.727.813.417.86.1
Income taxes  -0.713.416.511.84.87.12.5
            Tax rate  12.9%46.9%41.6%42.3%36.2%40.1%41.0%
Net income  -4.615.223.116.08.510.73.6
            Net margin  -1.0%2.8%3.4%2.8%2.3%4.3%1.7%
   
Basic EPS   [+]($0.31)$1.03$1.57$1.10$0.60$0.79$0.27
Diluted EPS   [+]($0.31)$1.02$1.54$1.08$0.58$0.76$0.27
   
Shares outstanding (basic)   [+]14.914.914.814.514.313.613.2
Shares outstanding (diluted)   [+]14.915.015.014.914.814.113.4
   
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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