Education Management Corp.
Period Ending Jun 30, 2013 Jun 30, 2012 Jun 30, 2011 Jun 30, 2010
Total Revenue 2,498,599 2,760,967 2,887,629 2,508,521
Cost of Revenue 1,447,097 1,502,356 1,473,329 1,267,106
Gross Profit 1,051,502 1,258,611 1,414,300 1,241,415
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 689,143 762,863 766,546 699,246
Non-Recurring Items 323,690 1,746,765 - -
Other 164,712 158,663 146,480 123,359
Operating Income (126,043) (1,409,680) 501,274 418,810
Income From Continuing Operations
Add'l Income/Expense Items (5,232) (9,474) (11,368) (47,207)
Earnings Before Interest and Tax (255,938) (1,529,484) 369,212 371,603
Interest Expense - - - 121,456
Earnings Before Tax (255,938) (1,529,484) 369,212 250,147
Income Tax 12,038 (13,743) 139,704 81,641
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (267,976) (1,515,741) 229,508 121,299
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (267,976) (1,515,741) 229,508 168,506
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (267,976) (1,515,741) 229,508 168,506