Akorn, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 317,711 256,158 136,920 86,409
Cost of Revenue 145,807 107,466 57,231 43,944
Gross Profit 171,904 148,692 79,689 42,465
Operating Expenses
Research and Development 19,858 15,858 11,555 6,975
Sales, General and Admin. 53,508 48,053 32,392 22,721
Non-Recurring Items 2,912 9,155 743 -
Other 7,422 6,870 1,733 1,497
Operating Income 88,204 68,756 33,266 11,272
Income From Continuing Operations
Add'l Income/Expense Items 3,260 (782) (2,118) (11,722)
Earnings Before Interest and Tax 91,544 67,974 45,698 22,918
Interest Expense 8,649 10,474 4,392 942
Earnings Before Tax 82,895 57,500 41,306 21,976
Income Tax 30,533 22,122 (1,707) 152
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 80 - 14,550 23,368
Net Income Cont. Operations 52,442 35,378 57,563 45,192
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 52,362 35,378 43,013 21,824
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 52,362 35,378 43,013 21,824