CMLSW Financials Tuesday, July 15, 2014 06:39:02 A

CMLSW Financials Tuesday, July 15, 2014 06:39:02 AM
Cumulus Media, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,026,138 1,002,272 466,044 236,640
Cost of Revenue 668,252 622,884 284,921 143,717
Gross Profit 357,886 379,388 181,123 92,923
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 61,694 60,891 96,554 22,530
Non-Recurring Items - 125,985 - 671
Other 112,511 135,575 48,730 8,214
Operating Income 187,366 56,937 50,056 61,508
Income From Continuing Operations
Add'l Income/Expense Items (31,551) (4,911) 9,912 (7,739)
Earnings Before Interest and Tax 152,130 52,026 57,387 53,769
Interest Expense 176,981 198,628 86,989 30,307
Earnings Before Tax (24,851) (146,602) (29,602) 23,462
Income Tax (68,464) (34,670) (11,259) 1,505
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - 11,636 -
Net Income Cont. Operations 43,613 (111,932) (18,343) 21,957
Non Recurring Events
Discontinued Operations 132,470 79,203 82,203 7,445
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 176,083 (32,729) 63,860 29,402
Preferred Stock and Other Adjustments (10,676) (21,432) (6,961) -
Net Income Applicable to Common Shareholders 165,407 (54,161) 56,899 29,402