American Home Shield 2008 Annual Report Download - page 120

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Table of Contents
THE SERVICEMASTER COMPANY AND SUBSIDIARIES
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2006 (Predecessor)
(in thousands)
The
ServiceMaster
Company Guarantors
Non-
Guarantors Eliminations Consolidated
Operating Revenue $ $2,698,937 $ 700,960 $ (67,194)$3,332,703
Operating Costs and Expenses:
Cost of services rendered and products sold 1,826,701 322,593 (67,194) 2,082,100
Selling and administrative expenses 2,967 573,314 320,395 896,676
Amortization expense 6,051 1,108 7,159
Merger related charges 992 992
Restructuring charges 21,648 21,648
Total operating costs and expenses 3,959 2,406,066 665,744 (67,194) 3,008,575
Operating (Loss) Income (3,959) 292,871 35,216 324,128
Non-operating Expense (Income):
Interest expense (income) 10,944 24,061 26,336 61,341
Interest and net investment (income) loss (531) 2,194 (27,605) (25,942)
Minority interest and other expense, net 8,000 240 8,240
(Loss) Income from Continuing Operations before Income Taxes (22,372) 266,616 36,245 280,489
(Benefit) provision for income taxes (5,967) 43,733 57,439 95,205
(Loss) Income from Continuing Operations (16,405) 222,883 (21,194) 185,284
(Loss) from businesses held pending sale and discontinued operations, net of income taxes (15,585) (15,585)
Equity in earnings (losses) of subsidiaries (net of tax) 186,104 (42,107) (143,997)
Net Income (Loss) $ 169,699 $ 180,776 $ (36,779) $ (143,997)$ 169,699
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