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Independent Bank Corporation (IBCP)

-NasdaqGS

6.42 Up 0.07(1.10%) May 24, 4:00PM EDT

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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 30, 2012Dec 30, 2011Dec 30, 2010
Total Revenue 162,963   161,675   220,664  
Cost of Revenue8,913  15,257  28,164  
Gross Profit -   -   -  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative111,700  130,007  150,900  
Non Recurring5,035  3,941  4,100  
Others6,887  27,946  46,765  
Total Operating Expenses -   -   -  
Operating Income or Loss -   -   -  
Income from Continuing Operations
Total Other Income/Expenses Net -   -  18,066  
Earnings Before Interest And Taxes30,428  (15,476)(9,265)
Interest Expense4,230  4,936  9,034  
Income Before Tax26,198  (20,412)(18,299)
Income Tax Expense -  (212)(1,590)
Minority Interest -   -   -  
Net Income From Continuing Ops26,198  (20,200)(16,709)
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 26,198   (20,200) (16,709)
Preferred Stock And Other Adjustments(4,347)(4,157)(4,095)
Net Income Applicable To Common Shares 21,851   (24,357) (20,804)

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