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    Morningstar Inc. (MORN)

    -NasdaqGS
    73.93 Down 0.89(1.19%) Mar 4, 4:00PM EST
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    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingDec 31, 2013Dec 31, 2012Dec 31, 2011
    Total Revenue 698,266   658,288   631,400  
    Cost of Revenue271,437  246,783  235,289  
    Gross Profit 426,829   411,505   396,111  
    Operating Expenses
    Research Development -   -   -  
    Selling General and Administrative210,482  217,741  214,783  
    Non Recurring -   -   -  
    Others45,693  43,096  42,913  
    Total Operating Expenses -   -   -  
    Operating Income or Loss 170,654   150,668   138,415  
    Income from Continuing Operations
    Total Other Income/Expenses Net7,356  2,957  1,709  
    Earnings Before Interest And Taxes178,010  153,625  140,124  
    Interest Expense -   -   -  
    Income Before Tax178,010  153,625  140,124  
    Income Tax Expense56,031  52,878  43,658  
    Minority Interest122  117  43  
    Net Income From Continuing Ops123,407  102,774  98,314  
    Non-recurring Events
    Discontinued Operations -  5,188   -  
    Extraordinary Items -   -   -  
    Effect Of Accounting Changes -   -   -  
    Other Items -   -   -  
    Net Income 123,529   108,079   98,357  
    Preferred Stock And Other Adjustments -   -   -  
    Net Income Applicable To Common Shares 123,529   108,079   98,357  

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    Currency in USD.