Nutrisystem 2010 Annual Report Download - page 29

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ITEM 6. SELECTED FINANCIAL DATA
The selected consolidated financial data presented below has been derived from the Company’s
Consolidated Financial Statements for each of the periods indicated. The data set forth below is qualified by
reference to and should be read in conjunction with “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and the Company’s Consolidated Financial Statements included as Items 7
and 8, respectively, in this Annual Report on Form 10-K.
Selected Consolidated Financial Data
(In thousands, except per share data)
Year Ended December 31,
2010 2009 2008 2007 2006
Statement of Operations Data:
Revenue .............................. $509,515 $524,618 $686,181 $776,767 $565,950
Costs and expenses:
Cost of revenue ..................... 224,806 241,163 325,172 349,891 260,059
Marketing ......................... 145,868 146,426 174,862 178,700 118,150
General and administrative ........... 73,853 76,418 86,701 79,435 52,221
Depreciation and amortization ......... 11,773 11,177 8,093 5,812 2,464
Operating income from continuing
operations ........................... 53,215 49,434 91,353 162,929 133,056
Other (expense) income .................. (32) 407 (1,145) (39) —
Equity and impairment loss ............... — (4,000)(a) (9,458)(a) (800) —
Interest income, net ..................... 5 104 454 3,728 3,591
Income taxes ........................... 19,309 13,072 34,018 60,871 50,969
Discontinued operations, net .............. (242)(b) (4,083)(b, c) (933)(b, c) (795)(c) (548)
Net income ............................ $ 33,637 $ 28,790 $ 46,253 $104,152 $ 85,130
Basic income per common share:
Continuing operations ............... $ 1.14 $ 1.07 $ 1.50 $ 3.05 $ 2.39
Discontinued operations .............. (0.01) (0.14) (0.03) (0.02) (0.01)
Basic ............................. $ 1.13 $ 0.93 $ 1.47 $ 3.03 $ 2.38
Diluted income per common share:
Continuing operations ............... $ 1.13 $ 1.06 $ 1.48 $ 2.98 $ 2.30
Discontinued operations .............. (0.01) (0.14) (0.03) (0.02) (0.01)
Diluted ........................... $ 1.12 $ 0.92 $ 1.45 $ 2.96 $ 2.29
Weighted average shares outstanding:
Basic ............................. 28,312 29,458 30,684 34,397 35,800
Diluted ........................... 28,686 29,769 31,172 35,171 37,122
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