Merge Healthcare, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 231,667 248,904 232,428 140,332
Cost of Revenue 102,896 108,051 88,654 64,563
Gross Profit 128,771 140,853 143,774 75,769
Operating Expenses
Research and Development 32,388 32,419 27,542 20,064
Sales, General and Admin. 71,274 86,274 71,379 42,709
Non-Recurring Items 4,762 4,232 2,830 14,680
Other 10,540 11,308 12,868 6,840
Operating Income 9,807 6,620 29,155 (8,524)
Income From Continuing Operations
Add'l Income/Expense Items (24,139) 1,577 (1,600) 580
Earnings Before Interest and Tax (14,332) 8,197 27,555 (7,944)
Interest Expense 21,762 32,926 29,421 17,218
Earnings Before Tax (36,094) (24,729) (1,866) (25,162)
Income Tax 2,889 4,091 3,665 (13,646)
Minority Interest (3) (18) (10) -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (62,802) (28,802) (5,521) (11,516)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (38,980) (28,802) (5,521) (11,516)
Preferred Stock and Other Adjustments - - (3,153) (19,076)
Net Income Applicable to Common Shareholders (38,980) (28,802) (8,674) (30,592)