2007 Financial Highlights
|
Year Ended Dec. 31
(Amounts in millions, except per share data)
|
2007 |
2006 |
2005 |
2004 |
2003 |
|
Net revenues (1)
|
$444.9 |
$440.5 |
$437.9 |
$438.2 |
$425.9 |
| Cost of services(2)
(exclusive of depreciation shown below) |
94.1 |
86.4 |
86.3 |
98.2 |
95.6 |
| Selling, general and administrative |
176.4 |
171.4 |
169.8 |
162.6 |
162.2 |
| Corporate general and administrative |
20.3 |
19.9 |
19.4 |
17.7 |
16.3 |
| Depreciation and amortization |
11.2 |
11.2 |
11.2 |
11.8 |
11.8 |
| (Gain) Loss on loan guarantee(3) |
-- |
-- |
(0.1) |
3.1 |
-- |
| Impairment of intangible assets |
117.1 |
176.3 |
14.4 |
-- |
0.3 |
| Other(4) |
0.2 |
0.8 |
0.1 |
1.1 |
0.6 |
| Operating income (loss) |
25.6 |
(25.5) |
136.8 |
143.7 |
139.1 |
| Interest expense, net |
21.1 |
25.3 |
27.4 |
30.4 |
33.6 |
| Net income (loss) |
1.9 |
(24.4) |
61.3 |
68.0 |
66.6 |
| Net income (loss) per common share – basic |
0.02 |
(0.25) |
0.61 |
0.68 |
0.66 |
| Net income (loss) per common share – diluted |
0.02 |
(0.25) |
0.61 |
0.67 |
0.66 |
| Cash and cash equivalents |
2.0 |
4.4 |
3.5 |
3.2 |
4.2 |
| Intangible assets, net(5) |
1,804.2 |
1,918.0 |
2,086.7 |
2,091.6 |
2,074.8 |
| Total assets |
1,997.4 |
2,117.9 |
2,266.1 |
2,281.9 |
2,278.8 |
| Total debt
(including amounts due to/from Cox Enterprises) |
336.6 |
378.0 |
414.9 |
468.3 |
528.5 |
(1) Total revenues less advertising agency commissions.
(2) Includes programming and production expenses, which represents all costs of services (exclusive of depreciation and amortization).
(3) Includes a charge of $3.1 million related to a then-estimated loss on loan guarantee in 2004. Amounts recovered on the loan guarantee of $0.1 million are included in 2005.
(4) Other is comprised of gains/losses on sales of asset and gains/losses on sales of radio stations.
(5) Intangible assets include FCC licenses, goodwill and other intangible assets.
| 
Current stock price
Related sites