gray television inc (GTN:New York)

Financial Statements for gray television inc (GTN)

Currency in Millions of US Dollars	As of:	Dec 31 2009 Reclassified	Dec 31 2010	Dec 31 2011 Reclassified	Dec 31 2012	4 Year Trend
Revenues		270.4	346.1	307.1	404.8
TOTAL REVENUES		270.4	346.1	307.1	404.8
Cost of Goods Sold		187.6	196.4	194.6	212.3
GROSS PROFIT		82.8	149.7	112.5	192.5
Selling General & Admin Expenses, Total		14.2	13.5	14.2	15.9
Depreciation & Amortization, Total		33.2	31.1	26.3	23.2
OTHER OPERATING EXPENSES, TOTAL		47.3	44.7	40.5	39.1
OPERATING INCOME		35.5	105.1	72.0	153.4
Interest Expense		-69.1	-70.0	-61.8	-59.4
Other Non-Operating Expenses, Total		0.1	0.0	0.0	0.0
Other Non-Operating Income (Expenses)		0.1	0.0	0.0	0.0
Gain (Loss) on Sale of Assets		7.6	1.9	2.9	0.0
Other Unusual Items, Total		-8.4	-0.3	0.5	-46.7
EBT, INCLUDING UNUSUAL ITEMS		-34.3	36.6	13.6	47.3
Income Tax Expense		-11.3	13.4	4.5	19.2
Earnings from Continuing Operations		-23.0	23.2	9.0	28.1
NET INCOME		-23.0	23.2	9.0	28.1
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		-40.2	8.6	1.8	24.0
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		-40.2	8.6	1.8	24.0

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