K-Swiss IS 2009 2008 2007 2006 Sales 240.73 340.16 410.43 501.15 Cost of 150.40 201.20 218.27 262.25 Gross Operating 90.33 138.96 192.16 238.90 Profit Selling, General, and 118.30 147.87 157.50 137.53 Administrative Expenses Research & 0.00 0.00 0.00 0.00 Development Operating Income before D (27.97) (8.91) 34.66 101.37 & A (EBITDA) Depreciation & 4.16 3.60 2.30 1.69 Amortization Interest Income 2.01 7.18 9.59 7.00 Other Income - (1.25) 30.00 5.23 0.00 Net Special Income / (4.83) 0.00 0.00 0.00 Charges Total Income Before Interest (36.20) 24.67 47.19 106.69 Expenses (EBIT) Interest Expense 0.96 0.22 0.00 0.00 Pre-Tax Income (37.16) 24.46 47.19 106.69 Income Taxes (9.66) 3.57 8.11 29.83 Minority Interest 0.00 0.00 0.00 0.00 Net Income From (27.50) 20.88 39.07 76.86 Continuing Operations
K-Swiss IS Sales 2009 240.73 2008 340.16 2007 410.43 2006 501.15 Cost of 150.40 201.20 218.27 262.25 Gross Operating Profit 90.33 138.96 192.16 238.90 Selling, General, and Administrative Expenses 118.30 147.87 157.50 137.53 Research & Development 0.00 0.00 0.00 0.00 Operating Income before D & A (EBITDA) (27.97) (8.91) 34.66 101.37 Depreciation & Amortization 4.16 3.60 2.30 1.69 Interest Income 2.01 7.18 9.59 7.00 Other Income - Net (1.25) 30.00 5.23 0.00 Special Income / Charges (4.83) 0.00 0.00 0.00 Total Income Before Interest Expenses (EBIT) (36.20) 24.67 47.19 106.69 Interest Expense 0.96 0.22 0.00 0.00 Pre-Tax Income (37.16) 24.46 47.19 106.69 Income Taxes (9.66) 3.57 8.11 29.83 Minority Interest 0.00 0.00 0.00 0.00 Net Income From Continuing Operations (27.50) 20.88 39.07 76.86
Team4%20SEC092%20Final.docx