Iridium Communications Inc
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 382,649 383,520 384,307 348,173
Cost of Revenue 111,408 114,222 125,294 134,240
Gross Profit 271,241 269,298 259,013 213,933
Operating Expenses
Research and Development 11,149 15,525 18,684 19,178
Sales, General and Admin. 75,218 67,589 65,682 66,728
Non-Recurring Items - - - -
Other 74,980 81,110 97,646 90,667
Operating Income 109,894 105,074 77,001 37,360
Income From Continuing Operations
Add'l Income/Expense Items 571 (10,056) (11,420) (2,748)
Earnings Before Interest and Tax 110,465 95,018 65,581 34,612
Interest Expense - - - -
Earnings Before Tax 110,465 95,018 65,581 34,612
Income Tax 47,948 30,387 24,546 14,671
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 62,517 64,631 41,035 19,941
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 62,517 64,631 41,035 19,941
Preferred Stock and Other Adjustments (7,000) (1,692) - -
Net Income Applicable to Common Shareholders 55,517 62,939 41,035 19,941