Cincinnati Bell 2014 Annual Report Download - page 72
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Table of Contents
Form 10-K Part II
Cincinnati Bell Inc.
Services $ 999.6
$ 1,039.3
$ 1,272.8
Products 278.6
217.6
201.1
Total revenue 1,278.2
1,256.9
1,473.9
Cost of services, excluding items below 454.2
430.4
492.2
Cost of products sold, excluding items below 244.9
215.9
204.7
Selling, general and administrative 223.1
220.8
269.5
Depreciation and amortization 231.0
169.6
217.4
Restructuring charges 15.9
13.7
3.4
Transaction-related compensation —
42.6
—
Curtailment gain —
(0.6)
—
(Gain) loss on sale or disposal of assets, net (0.3)
2.4
(1.6)
Amortization of deferred gain (22.9)
(3.3)
(2.3)
Impairment of assets 12.1
—
14.2
Transaction costs 4.4
1.6
6.3
Total operating costs and expenses 1,162.4
1,093.1
1,203.8
115.8
163.8
270.1
Interest expense 148.7
182.0
218.9
Loss on extinguishment of debt 19.6
29.6
13.6
Loss from CyrusOne equity method investment 7.0
10.7
—
Gain on sale of CyrusOne equity method investment (192.8)
—
—
Other expense (income), net 0.3
(1.3)
1.7
Income (loss) before income taxes 133.0
(57.2)
35.9
Income tax expense (benefit) 57.4
(2.5)
24.7
75.6
(54.7)
11.2
Preferred stock dividends 10.4
10.4
10.4
$ 65.2
$ (65.1)
$ 0.8
$ 0.31
$ (0.32)
$ 0.00
Basic 208.5
205.9
197.0
Diluted 209.6
205.9
204.7
The accompanying notes are an integral part of the consolidated financial statements.
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