TAYC Capital Trust I
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 355,622 341,195 237,302 281,199
Cost of Revenue 15,498 19,100 29,147 44,286
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 222,925 188,324 112,572 113,314
Non-Recurring Items 5,722 3,413 3,821 4,922
Other 2,400 9,550 49,258 143,127
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items (5,380) (7,721) (3,444) (378)
Earnings Before Interest and Tax 109,077 120,808 42,504 (24,450)
Interest Expense 9,196 17,162 24,499 28,156
Earnings Before Tax 99,881 103,646 18,005 (52,606)
Income Tax 37,874 41,745 (73,110) 1,217
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 62,007 61,901 91,115 (53,823)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 62,007 61,901 91,115 (53,823)
Preferred Stock and Other Adjustments (15,900) (7,012) (19,646) (25,455)
Net Income Applicable to Common Shareholders 46,107 54,889 71,469 (79,278)