HRZL Financials 07/16/2014 19:23:20 Horizon Lines
Post# of 3
Horizon Lines, Inc.
Period Ending Dec 22, 2013 Dec 23, 2012 Dec 25, 2011 Dec 26, 2010
Total Revenue 1,033,310 1,073,722 1,026,164 1,000,055
Cost of Revenue 866,120 932,578 870,029 820,460
Gross Profit 167,190 141,144 156,135 179,595
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 73,256 79,488 82,862 79,356
Non-Recurring Items 11,006 4,726 112,870 36,768
Other 51,551 52,678 58,259 58,577
Operating Income 31,377 4,252 (97,856) 4,894
Income From Continuing Operations
Add'l Income/Expense Items 260 (17,249) 100,465 (27)
Earnings Before Interest and Tax 31,637 (12,997) 2,609 4,867
Interest Expense 66,916 62,888 55,677 40,117
Earnings Before Tax (35,279) (75,885) (53,068) (35,250)
Income Tax (1,925) (1,482) 126 324
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (33,354) (74,403) (53,194) (35,574)
Non Recurring Events
Discontinued Operations 1,421 (20,295) (176,223) (22,395)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (31,933) (94,698) (229,417) (57,969)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (31,933) (94,698) (229,417) (57,969)