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    Morningstar Inc. (MORN)

    -NasdaqGS
    77.85 Up 0.24(0.31%) Jun 2, 4:00PM EDT
    |After Hours : 78.09 Up 0.24 (0.31%) Jun 2, 4:00PM EDT
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    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingDec 31, 2014Dec 31, 2013Dec 31, 2012
    Total Revenue 760,071   698,266   658,288  
    Cost of Revenue318,638  271,437  246,783  
    Gross Profit 441,433   426,829   411,505  
    Operating Expenses
    Research Development -   -   -  
    Selling General and Administrative219,953  210,482  217,741  
    Non Recurring61,000   -   -  
    Others54,886  45,693  43,096  
    Total Operating Expenses -   -   -  
    Operating Income or Loss 105,594   170,654   150,668  
    Income from Continuing Operations
    Total Other Income/Expenses Net8,304  7,356  2,957  
    Earnings Before Interest And Taxes113,898  178,010  153,625  
    Interest Expense -   -   -  
    Income Before Tax113,898  178,010  153,625  
    Income Tax Expense35,678  56,031  52,878  
    Minority Interest42  122  117  
    Net Income From Continuing Ops78,259  123,407  102,774  
    Non-recurring Events
    Discontinued Operations -   -  5,188  
    Extraordinary Items -   -   -  
    Effect Of Accounting Changes -   -   -  
    Other Items -   -   -  
    Net Income 78,301   123,529   108,079  
    Preferred Stock And Other Adjustments -   -   -  
    Net Income Applicable To Common Shares 78,301   123,529   108,079  

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    Currency in USD.