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Lincoln Educational Services Corporation (LINC)

-NasdaqGS
3.80 0.01(0.26%) Jul 24, 4:00PM EDT
Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2013Dec 31, 2012Dec 31, 2011
Total Revenue 345,024   382,773   456,722  
Cost of Revenue172,685  180,610  196,639  
Gross Profit 172,339   202,163   260,083  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative178,494  191,033  216,846  
Non Recurring3,908  25,221  8,290  
Others -   -   -  
Total Operating Expenses -   -   -  
Operating Income or Loss (9,557) (14,016) 34,943  
Income from Continuing Operations
Total Other Income/Expenses Net561  91  31  
Earnings Before Interest And Taxes(9,502)(14,000)34,978  
Interest Expense4,667  4,475  4,369  
Income Before Tax(14,169)(18,475)30,609  
Income Tax Expense19,591  (2,791)13,053  
Minority Interest -   -   -  
Net Income From Continuing Ops(33,760)(15,684)17,556  
Non-recurring Events
Discontinued Operations(17,526)(21,502)(16)
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income (51,286) (37,186) 17,540  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares (51,286) (37,186) 17,540  

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