On Nov. 13, Discovery Holding
- Net income decreased to negative $76.6 million, following impairment of goodwill and restructuring charges related to Ascent Media.
- Free cash flow slightly increased to negative $2.1 million, mainly because of a 31.3% decrease in capital expenditures, to $51.2 million.
- Discovery Holding has a five-star rating in the Motley Fool CAPS database. Join the service for free today and add your opinion to those of 12,902 other players.
(Figures in millions, except per-share data)
Income Statement Highlights
Q3 2006 |
Q3 2005 |
Change |
|
---|---|---|---|
Sales |
$169.9 |
$167.9 |
1.2% |
Net Profit |
($76.6) |
$1.2 |
N/A |
EPS |
($0.27) |
$0.00 |
N/A |
Diluted Shares |
279.9 |
280.2 |
(0.1%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q3 2006 |
Q3 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
34.4% |
34.9% |
(0.5) |
Operating Margin |
(57.3%) |
(0.8%) |
(56.5) |
Net Margin |
(45.1%) |
0.7% |
(45.8) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q3 2006 |
Q3 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$151.8 |
$227.5 |
(33.3%) |
Accounts Rec. |
$159.7 |
$148.5 |
7.5% |
Q3 2006 |
Q3 2005 |
Change |
|
---|---|---|---|
Accounts Payable |
$39.7 |
$37.2 |
6.7% |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 |
YTD 2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$49.1 |
$61.8 |
(20.5%) |
Capital Expenditures |
$51.2 |
$74.5 |
(31.3%) |
Free Cash Flow |
($2.1) |
($12.7) |
N/A |
Find out why Fools always follow the money.
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Discovery Holding is a Motley Fool Inside Value recommendation. To find out why, take a free 30-day trial today.
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