American Home Shield 2011 Annual Report Download - page 121
Download and view the complete annual report
Please find page 121 of the 2011 American Home Shield annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
 |
 |
Table of Contents
Notes to the Consolidated Financial Statements (Continued)
Note 20. Condensed Consolidating Financial Statements of The ServiceMaster Company and Subsidiaries (Continued)
THE SERVICEMASTER COMPANY AND SUBSIDIARIES
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2009
(In thousands)
The
ServiceMaster
Company Guarantors
Non-
Guarantors Eliminations Consolidated
Operating Revenue $ — $2,284,625 $ 765,609 $ (72,349)$2,977,885
Operating Costs and Expenses:
Cost of services rendered and
products sold — 1,419,278 343,011 (71,038) 1,691,251
Selling and administrative expenses 9,582 505,945 315,220 — 830,747
Amortization expense 222 122,643 35,906 — 158,771
Trade name impairment — 21,400 5,200 — 26,600
Restructuring charges 2,321 12,107 12,254 — 26,682
Total operating costs and expenses 12,125 2,081,373 711,591 (71,038) 2,734,051
Operating (Loss) Income (12,125) 203,252 54,018 (1,311) 243,834
Non-operating Expense (Income):
Interest expense (income) 288,514 (3,414) 14,233 — 299,333
Interest and net investment loss
(income) 938 5,555 (13,572) — (7,079)
Gain on extinguishment of debt (46,106) — — — (46,106)
Other expense — — 748 — 748
(Loss) Income from Continuing
Operations before Income
Taxes (255,471) 201,111 52,609 (1,311) (3,062)
(Benefit) provision for income taxes (107,346) 32,445 65,697 — (9,204)
(Loss) Income from Continuing
Operations (148,125) 168,666 (13,088) (1,311) 6,142
(Loss) income from discontinued
operations, net of income taxes — (4,186) 10,228 1,311 7,353
Equity in earnings of subsidiaries
(net of tax) 161,620 (12,716) — (148,904) —
Net Income $ 13,495 $ 151,764 $ (2,860) $ (148,904)$ 13,495
116