Cumulus Media Inc. · Atlanta, GA United States (NASDAQ: CMLS)
Key Cumulus Media Inc. Financials
| Company Type | Public -(NASDAQ: CMLS) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $263.3 |
| 2010 Employees | 2,318 |
Cumulus Media Inc. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 263.3 | 256.0 | 311.5 |
| Cost of Goods Sold | 159.8 | 165.7 | 203.2 |
| Gross Profit | 103.5 | 90.4 | 108.3 |
| Gross Profit Margin | 39.3% | 35.3% | 34.8% |
| SG&A Expense | 20.6 | 23.0 | 20.0 |
| Depreciation & Amortization | 9.1 | 11.1 | 12.5 |
| Operating Income | 71.2 | (115.2) | (425.1) |
| Operating Margin | 27% | -45% | -136.4% |
| Nonoperating Income | (7.7) | 0.0 | (506.2) |
| Nonoperating Expenses | (30.3) | (34.1) | -- |
| Income Before Taxes | 33.2 | (149.3) | (457.4) |
| Income Taxes | 3.8 | (22.6) | (117.9) |
| Net Income After Taxes | 29.4 | (126.7) | (339.4) |
| Continuing Operations | 29.4 | (126.7) | (361.7) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 29.4 | (126.7) | (361.7) |
| Total Net Income | 29.4 | (126.7) | (361.7) |
| Net Profit Margin | 11.2% | -49.5% | -116.1% |
| Diluted EPS from Total Net Income | 0.69 | (3.13) | (8.55) |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Cumulus Media Inc. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 12.8 | 16.2 | 53.0 |
| Net Receivables | 41.9 | 43.0 | 44.2 |
| Inventories | -- | -- | -- |
| Other Current Assets | 5.0 | 5.5 | 3.3 |
| Total Current Assets | 59.7 | 64.7 | 100.5 |
| Net Fixed Assets | 39.7 | 47.0 | 55.1 |
| Other Noncurrent Assets | 220.3 | 222.4 | 387.9 |
| Total Assets | 319.6 | 334.1 | 543.5 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 0.4 | 0.8 | 2.5 |
| Short-Term Debt | 15.2 | 49.0 | 7.4 |
| Other Current Liabilities | 27.2 | 18.4 | 18.2 |
| Total Current Liabilities | 42.8 | 68.2 | 28.0 |
| Long-Term Debt | 575.8 | 584.5 | 688.6 |
| Other Noncurrent Liabilities | 42.3 | 53.9 | 75.0 |
| Total Liabilities | 660.9 | 706.6 | 791.7 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | 0.0 | -- |
| Common Stock Equity | (341.3) | (372.5) | (248.1) |
| Total Equity | (341.3) | (372.5) | (248.1) |
| Shares Outstanding (thou.) | 41,992.6 | 41,616.6 | 42,487.0 |
All amounts in millions of US Dollars except per share amounts.
Cumulus Media Inc. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 43 | 29 | 77 |
| Net Investing Cash Flow | (2.4) | (3.1) | (6.8) |
| Net Financing Cash Flow | (43.7) | (62.4) | (49.2) |
| Net Change in Cash | (3.4) | (36.8) | 20.7 |
| Depreciation & Amortization | 9.1 | 11.1 | 12.5 |
| Capital Expenditures | (2.7) | (3.1) | (7.1) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.