INTL FCStone 2012 Annual Report Download - page 44
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PART II
ITEM 6 Selected Financial Data
(in millions, except share and per share amounts)
Year Ended September 30,
2012 2011 2010 2009 2008
Earnings per share:
Basic $ 0.79 $ 2.07 $ 0.31 $ 3.11 $ 3.30
Diluted $ 0.75 $ 1.96 $ 0.30 $ 2.80 $ 2.95
Number of shares:
Basic 18,282,939 17,618,085 17,306,019 8,895,697 8,434,976
Diluted 19,156,899 18,567,454 17,883,233 10,182,586 9,901,706
Selected Balance Sheet Information:
Total assets $ 2,958.9 $ 2,635.7 $ 2,021.7 $ 1,555.7 $ 438.0
Convertible notes $ — $ — $ 16.7 $ 16.7 $ 16.8
Stockholders’ equity $ 319.1 $ 296.3 $ 241.3 $ 238.8 $ 74.8
ADJUSTED NONGAAP FINANCIAL INFORMATION UNAUDITED
(in millions, except Employees)
Year Ended September 30,
2012 2011 2010 2009 2008
U.S. GAAP Data:
Operating revenues $ 457.7 $ 423.2 $ 269.0 $ 90.6 $ 114.9
Income from continuing operations, before tax $ 19.3 $ 59.5 $ 17.9 $ 13.3 $ 42.3
Net income attributable to INTL FCStone Inc.
common stockholders(a) $ 15.0 $ 37.3 $ 5.4 $ 27.6 $ 27.8
Stockholders’ equity(a) $ 319.1 $ 296.3 $ 241.3 $ 238.8 $ 74.8
Adjusted Non-GAAP Data (Unaudited):
Data adjusted (on a marked-to-market basis):
Operating revenues as stated above $ 457.7 $ 423.2 $ 269.0 $ 90.6 $ 114.9
Marked-to-market adjustment (non-GAAP) 6.8 (8.4) 6.0 6.9 (26.9)
Adjusted operating revenues,
marked-to-market (non-GAAP) $ 464.5 $ 414.8 $ 275.0 $ 97.5 $ 88.0
Income from continuing operations, before tax,
as stated above $ 19.3 $ 59.5 $ 17.9 $ 13.3 $ 42.3
Marked-to-market adjustment (non-GAAP) 6.8 (8.4) 6.0 6.9 (26.9)
Adjusted income from continuing operations,
before tax (non-GAAP) $ 26.1 $ 51.1 $ 23.9 $ 20.2 $ 15.4
Net income attributable to INTL FCStone Inc.
common stockholders, as stated above $ 15.0 $ 37.3 $ 5.4 $ 27.6 $ 27.8
Marked-to-market adjustment (non-GAAP) 6.8 (8.4) 6.0 6.9 (26.9)
Tax e ect at blended rate of 37.5% (2.6) 3.2 (2.3) (2.5) 10.1
Adjusted net income attributable to INTL FCStone
Inc. common stockholders (non-GAAP) $ 19.2 $ 32.1 $ 9.1 $ 32.0 $ 11.0
Stockholders’ equity, as stated above $ 319.1 $ 296.3 $ 241.3 $ 238.8 $ 74.8
Cumulative marked-to-market adjustment
(non-GAAP) 15.4 8.6 17.0 11.0 4.1
Tax e ect at blended rate of 37.5% (5.8) (3.2) (6.4) (4.1) (1.6)
Adjusted stockholders’ equity (non-GAAP) $ 328.7 $ 301.7 $ 251.9 $ 245.7 $ 77.3
Return on average adjusted stockholders’ equity
(non-GAAP)(b) 6.1% 11.6% 6.5% 16.0% 16.6%
Other Data:
Employees(c) 1,074 904 729 625 195
Compensation and bene ts asapercentage
of adjusted operatingrevenues 43.6% 42.6% 37.9% 41.2% 40.5%
(a) Net income and stockholders’ equity for 2010 includes a $7.0 million extraordinary loss resulting from purchase price adjustments and the correction of immaterial errors
related to the FCStone transaction. Net income and stockholders’ equity for 2009 includes an $18.5 million extraordinary gain related to the FCStone transaction.
(b) Return on average adjusted stockholders’ equity for 2010 excludes the effect of the $7.0 million extraordinary loss resulting from purchase price adjustments and the
correction of immaterial errors related to the FCStone transaction. Return on average adjusted stockholders’ equity for 2009 excludes the effect of an $18.5 million
extraordinary gain related to the FCStone transaction.
(c) The number of employees listed in 2009 includes the number of employees of FCStone as of September 30, 2009.