Cowen Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 299,602 228,321 225,898 221,761
Cost of Revenue - - - -
Gross Profit 299,602 228,321 225,898 221,761
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 323,046 305,304 343,652 316,350
Non-Recurring Items 252 293 7,650 954
Other 10,227 9,437 15,472 11,543
Operating Income (33,671) (86,420) (140,377) (106,132)
Income From Continuing Operations
Add'l Income/Expense Items 51,968 62,911 41,767 53,042
Earnings Before Interest and Tax 45,941 (11,350) (89,230) (41,041)
Interest Expense 27,644 12,159 9,380 12,049
Earnings Before Tax 18,297 (23,509) (98,610) (53,090)
Income Tax 457 448 (20,073) (21,400)
Minority Interest 13,193 (72) 5,827 13,727
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 17,840 (23,957) (78,537) (31,690)
Non Recurring Events
Discontinued Operations - - (23,646) -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 4,647 (23,885) (108,010) (45,417)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 4,647 (23,885) (108,010) (45,417)