School Specialty, LLC Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec '19 Dec 28, 2019	Dec '18 Dec 29, 2018	Dec '17 Dec 30, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 26, 2015
Revenue	626.07	673.45	658.38	656.32	756.42
Revenue Growth (YoY)	-7.03%	2.29%	0.31%	-13.23%	21.64%
Cost of Revenue	420.25	446.98	422.15	422.88	482.75
Gross Profit	205.82	226.47	236.24	233.44	273.67
Selling, General & Admin	198.23	202.21	193.69	193.53	210.01
Amortization of Goodwill & Intangibles	3.74	3.86	3.77	3.6	3.6
Operating Expenses	216.14	220.12	207.75	207.39	227.48
Operating Income	-10.32	6.35	28.48	26.05	46.19
Interest Expense	-20.52	-15.55	-15.19	-17.41	-19.2
Other Non Operating Income (Expenses)	-0.08	-	-	-	-
EBT Excluding Unusual Items	-30.92	-9.2	13.29	8.64	26.99
Merger & Restructuring Charges	-2.68	-2.46	-3.62	-1.74	-1.35
Impairment of Goodwill	-4.58	-22.26	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	9.18	-
Gain (Loss) on Sale of Assets	-4.09	-	-	-	-
Asset Writedown	-0.28	-	-	-1.35	-
Other Unusual Items	-8.03	-	-4.3	-	-1.62
Pretax Income	-50.59	-33.93	5.37	14.73	24.03
Income Tax Expense	-1.04	4.82	-1.41	-0.04	1.07
Net Income	-49.55	-38.74	6.78	14.76	22.95
Net Income to Common	-49.55	-38.74	6.78	14.76	22.95
Net Income Growth	-	-	-54.08%	-35.67%	-
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	0.23%	-0.34%	0.34%	-	-
EPS (Basic)	-7.06	-5.53	0.97	2.11	3.28
EPS (Diluted)	-7.06	-5.53	0.97	2.11	3.28
EPS Growth	-	-	-54.08%	-35.67%	-
Free Cash Flow	3.74	-15.06	24.07	23.72	64.45
Free Cash Flow Per Share	0.53	-2.15	3.43	3.39	9.21
Gross Margin	32.88%	33.63%	35.88%	35.57%	36.18%
Operating Margin	-1.65%	0.94%	4.33%	3.97%	6.11%
Profit Margin	-7.91%	-5.75%	1.03%	2.25%	3.03%
Free Cash Flow Margin	0.60%	-2.24%	3.66%	3.62%	8.52%
EBITDA	7.59	24.26	42.54	39.91	63.66
EBITDA Margin	1.21%	3.60%	6.46%	6.08%	8.42%
D&A For EBITDA	17.92	17.92	14.06	13.86	17.47
EBIT	-10.32	6.35	28.48	26.05	46.19
EBIT Margin	-1.65%	0.94%	4.33%	3.97%	6.11%
Effective Tax Rate	-	-	-	-	4.47%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.