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Saturday, July 11, 2009, 10:10PM ET - U.S. Markets Closed. Dow Down 0.45% Nasdaq Up 0.20%
CIT Group, Inc. (CIT)On Jul 10: 1.53  Down 0.33 (17.74%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING31-Mar-0931-Dec-0830-Sep-0830-Jun-08
Total Revenue1,302,800  1,316,700  1,542,600  1,383,200  
Cost of Revenue24,400  101,700   -   -  
Gross Profit1,278,400  1,215,000  1,542,600  1,383,200  
Operating Expenses
Research Development -   -   -   -  
Selling General and Administrative162,600  913,300  306,200  303,800  
Non Recurring -  (712,200)712,200  (69,100)
Others817,400  621,900  512,800  12,000  
Total Operating Expenses -   -   -   -  
Operating Income or Loss298,400  392,000  11,400  1,136,500  
Income from Continuing Operations
Total Other Income/Expenses Net -   -  246,500  (246,500)
Earnings Before Interest And Taxes278,400  392,000  257,900  890,000  
Interest Expense632,700  692,900  765,300  625,100  
Income Before Tax(354,300)(300,900)(507,400)264,900  
Income Tax Expense8,000  (162,900)(206,300)219,000  
Minority Interest(500)10,100  (500)200  
Net Income From Continuing Ops(342,800)(127,900)(301,600)46,100  
Non-recurring Events
Discontinued Operations -  (57,000)4,400  (2,113,800)
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income(342,800)(184,900)(297,200)(2,067,700)
Preferred Stock And Other Adjustments(60,400)(20,400)(20,100)(16,700)
Net Income Applicable To Common Shares($403,200)($205,300)($317,300)($2,084,400)

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