career education corp (CE1:Berlin)
As of 2:20 AM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).
Financial Statements for career education corp (CE1)
Year over year, Career Education Corp. has seen revenues fall from $1.8B USD to $1.5B USD. This along with an increase in SGA costs has led to a reduction in the bottom line from a gain of $18.6M USD to a loss of $142.8M USD.
| Currency in Millions of US Dollars | As of: | Dec 31 2009 Restated | Dec 31 2010 Restated | Dec 31 2011 Restated | Dec 31 2012 | 4 Year Trend |
| Revenues | 1,729.5 | 1,990.1 | 1,816.7 | 1,461.0 |  | |
| Other Revenues | 72.9 | 79.4 | 56.6 | 28.3 | | |
| TOTAL REVENUES | 1,802.4 | 2,069.6 | 1,873.4 | 1,489.3 | | |
| Cost of Goods Sold | 450.1 | 503.1 | 518.5 | 463.7 | | |
| GROSS PROFIT | 1,352.3 | 1,566.5 | 1,354.8 | 1,025.5 | | |
| Selling General & Admin Expenses, Total | 1,044.2 | 1,124.9 | 1,040.4 | 1,001.5 | | |
| Depreciation & Amortization, Total | 64.6 | 68.7 | 82.4 | 80.7 | | |
| OTHER OPERATING EXPENSES, TOTAL | 1,108.8 | 1,193.6 | 1,122.8 | 1,082.1 | | |
| OPERATING INCOME | 243.6 | 372.9 | 232.0 | -56.6 | | |
| Interest Expense | -0.2 | -0.4 | -0.6 | -0.3 | | |
| Interest and Investment Income | 2.3 | 1.1 | 1.4 | 1.8 | | |
| NET INTEREST EXPENSE | 2.0 | 0.8 | 0.8 | 1.6 | | |
| Other Non-Operating Income (Expenses) | -0.8 | -0.5 | 0.6 | -0.2 | | |
| EBT, EXCLUDING UNUSUAL ITEMS | 244.8 | 373.2 | 233.4 | -55.2 | | |
| Merger & Restructuring Charges | -15.8 | -12.1 | -6.8 | -19.2 | | |
| Impairment of Goodwill | -2.5 | -70.4 | -191.5 | -126.3 | | |
| Gain (Loss) on Sale of Assets | -- | -- | 1.4 | -- | | |
| Other Unusual Items, Total | -- | -48.1 | 7.0 | 19.0 | | |
| Insurance Settlements | -- | -- | 7.0 | 19.0 | | |
| Legal Settlements | -- | -48.1 | -- | -- | | |
| EBT, INCLUDING UNUSUAL ITEMS | 226.5 | 242.6 | 43.5 | -181.7 | | |
| Income Tax Expense | 79.6 | 78.9 | 46.7 | -46.8 | | |
| Earnings from Continuing Operations | 146.9 | 163.7 | -3.3 | -134.9 | | |
| EARNINGS FROM DISCOUNTINUED OPERATIONS | -65.6 | -5.9 | 21.8 | -7.9 | | |
| NET INCOME | 81.2 | 157.8 | 18.6 | -142.8 | | |
| NET INCOME TO COMMON INCLUDING EXTRA ITEMS | 81.2 | 157.8 | 18.6 | -142.8 | | |
| NET INCOME TO COMMON EXCLUDING EXTRA ITEMS | 146.9 | 163.7 | -3.3 | -134.9 | | |
| Recently Viewed | |||
| CE1:GR | €2.34 EUR | -0.038 |  |
| Company | Last | Change |
| Bridgepoint Education Inc | $12.54 USD | -0.01 |
| Corinthian Colleges Inc | $2.80 USD | +0.03 |
| ITT Educational Services Inc | $27.80 USD | +1.02 |
| Lincoln Educational Services Corp | $6.98 USD | +0.08 |
| Universal Technical Institute Inc | $11.88 USD | -0.02 |
| View Industry Companies | ||
Industry Analysis
CE1
Industry Average
| Valuation | CE1 | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
|
| Price/Book | 0.3x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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