american public education (51A:Berlin)

Financial Statements for american public education (51A)

Currency in Millions of US Dollars	As of:	Dec 31 2009	Dec 31 2010	Dec 31 2011	Dec 31 2012	4 Year Trend
Revenues		149.0	198.2	260.4	313.5
TOTAL REVENUES		149.0	198.2	260.4	313.5
Cost of Goods Sold		58.4	75.3	95.2	110.2
GROSS PROFIT		90.6	122.9	165.2	203.3
Selling General & Admin Expenses, Total		45.5	66.3	93.1	123.4
Depreciation & Amortization, Total		5.2	6.5	9.2	11.1
OTHER OPERATING EXPENSES, TOTAL		50.7	72.8	102.3	134.5
OPERATING INCOME		39.9	50.0	62.9	68.8
Interest and Investment Income		0.1	0.1	0.1	0.0
EBT, INCLUDING UNUSUAL ITEMS		40.0	50.1	63.0	68.9
Income Tax Expense		16.0	20.3	22.2	26.5
Earnings from Continuing Operations		23.9	29.9	40.8	42.3
NET INCOME		23.9	29.9	40.8	42.3
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		23.9	29.9	40.8	42.3
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		23.9	29.9	40.8	42.3

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