Cengage Learning Holdings II Inc
OTC:CNGO
Income Statement
Earnings Waterfall
Cengage Learning Holdings II Inc
Revenue
|
1.4B
USD
|
Cost of Revenue
|
-664.3m
USD
|
Gross Profit
|
707.3m
USD
|
Operating Expenses
|
-553.4m
USD
|
Operating Income
|
153.9m
USD
|
Other Expenses
|
-198.5m
USD
|
Net Income
|
-44.6m
USD
|
Income Statement
Cengage Learning Holdings II Inc
Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||
Revenue |
360
N/A
|
963
+168%
|
1 338
+39%
|
1 663
+24%
|
1 647
-1%
|
1 631
-1%
|
1 619
-1%
|
1 631
+1%
|
1 594
-2%
|
1 551
-3%
|
1 510
-3%
|
1 460
-3%
|
1 449
-1%
|
1 429
-1%
|
1 432
+0%
|
1 466
+2%
|
1 459
-1%
|
1 410
-3%
|
1 395
-1%
|
1 431
+3%
|
1 425
0%
|
1 361
-4%
|
1 359
0%
|
1 327
-2%
|
1 283
-3%
|
1 245
-3%
|
1 245
0%
|
1 238
-1%
|
1 301
+5%
|
1 317
+1%
|
1 342
+2%
|
1 372
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(265)
|
(660)
|
(903)
|
(1 116)
|
(1 072)
|
(1 042)
|
(1 013)
|
(967)
|
(917)
|
(809)
|
(756)
|
(785)
|
(782)
|
(768)
|
(782)
|
(757)
|
(764)
|
(749)
|
(750)
|
(757)
|
(750)
|
(733)
|
(727)
|
(694)
|
(665)
|
(641)
|
(625)
|
(633)
|
(646)
|
(639)
|
(650)
|
(664)
|
|
Gross Profit |
95
N/A
|
302
+219%
|
435
+44%
|
547
+26%
|
575
+5%
|
588
+2%
|
606
+3%
|
663
+9%
|
677
+2%
|
741
+10%
|
754
+2%
|
675
-10%
|
667
-1%
|
660
-1%
|
650
-2%
|
709
+9%
|
694
-2%
|
662
-5%
|
645
-2%
|
673
+4%
|
675
+0%
|
628
-7%
|
632
+1%
|
634
+0%
|
618
-2%
|
605
-2%
|
620
+3%
|
605
-2%
|
656
+8%
|
678
+3%
|
692
+2%
|
707
+2%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(165)
|
(329)
|
(488)
|
(646)
|
(630)
|
(622)
|
(604)
|
(602)
|
(589)
|
(578)
|
(570)
|
(559)
|
(568)
|
(575)
|
(598)
|
(624)
|
(635)
|
(641)
|
(636)
|
(619)
|
(606)
|
(579)
|
(565)
|
(528)
|
(505)
|
(499)
|
(489)
|
(512)
|
(521)
|
(544)
|
(546)
|
(553)
|
|
Selling, General & Administrative |
(124)
|
(246)
|
(363)
|
(477)
|
(458)
|
(452)
|
(435)
|
(438)
|
(426)
|
(415)
|
(408)
|
(385)
|
(394)
|
(401)
|
(425)
|
(462)
|
(475)
|
(481)
|
(477)
|
(453)
|
(444)
|
(423)
|
(413)
|
(387)
|
(365)
|
(359)
|
(351)
|
(376)
|
(387)
|
(401)
|
(407)
|
(413)
|
|
Depreciation & Amortization |
(41)
|
(83)
|
(125)
|
(169)
|
(171)
|
(170)
|
(169)
|
(164)
|
(163)
|
(163)
|
(162)
|
(174)
|
(175)
|
(174)
|
(174)
|
(163)
|
(160)
|
(160)
|
(160)
|
(166)
|
(162)
|
(157)
|
(153)
|
(141)
|
(140)
|
(140)
|
(138)
|
(137)
|
(135)
|
(132)
|
(129)
|
(129)
|
|
Other Operating Expenses |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
(11)
|
(11)
|
(11)
|
|
Operating Income |
(70)
N/A
|
(27)
+62%
|
(53)
-98%
|
(99)
-88%
|
(55)
+45%
|
(33)
+39%
|
2
N/A
|
62
+3 317%
|
88
+43%
|
163
+86%
|
184
+13%
|
116
-37%
|
99
-15%
|
85
-14%
|
52
-39%
|
85
+63%
|
59
-31%
|
21
-64%
|
9
-58%
|
54
+501%
|
69
+28%
|
49
-30%
|
66
+36%
|
106
+59%
|
113
+7%
|
106
-6%
|
131
+24%
|
93
-29%
|
134
+45%
|
134
N/A
|
145
+8%
|
154
+6%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
(32)
|
(64)
|
(98)
|
(134)
|
(142)
|
(147)
|
(151)
|
(151)
|
(149)
|
(152)
|
(154)
|
(156)
|
(158)
|
(158)
|
(158)
|
(159)
|
(163)
|
(166)
|
(169)
|
(172)
|
(174)
|
(174)
|
(173)
|
(170)
|
(165)
|
(161)
|
(158)
|
(155)
|
(155)
|
(157)
|
(159)
|
(161)
|
|
Non-Reccuring Items |
(0)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(10)
|
(14)
|
(40)
|
(43)
|
(36)
|
(38)
|
(11)
|
(9)
|
(12)
|
(11)
|
(15)
|
(14)
|
(13)
|
(24)
|
(34)
|
(49)
|
(72)
|
(836)
|
(823)
|
(811)
|
(792)
|
(28)
|
(30)
|
(41)
|
(36)
|
(26)
|
|
Total Other Income |
(1)
|
1
|
2
|
0
|
(2)
|
(5)
|
(7)
|
(2)
|
(2)
|
1
|
0
|
(1)
|
14
|
12
|
13
|
10
|
(0)
|
1
|
2
|
2
|
2
|
3
|
1
|
3
|
(0)
|
(3)
|
(4)
|
(7)
|
(5)
|
(1)
|
2
|
1
|
|
Pre-Tax Income |
(103)
N/A
|
(91)
+12%
|
(149)
-64%
|
(234)
-57%
|
(200)
+15%
|
(186)
+7%
|
(166)
+11%
|
(106)
+36%
|
(103)
+2%
|
(32)
+70%
|
(7)
+79%
|
(79)
-1 117%
|
(56)
+30%
|
(70)
-25%
|
(105)
-50%
|
(75)
+28%
|
(119)
-58%
|
(157)
-33%
|
(171)
-9%
|
(140)
+18%
|
(136)
+2%
|
(171)
-26%
|
(177)
-4%
|
(897)
-406%
|
(875)
+2%
|
(869)
+1%
|
(822)
+5%
|
(98)
+88%
|
(56)
+43%
|
(64)
-15%
|
(48)
+24%
|
(32)
+33%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
36
|
31
|
52
|
80
|
66
|
62
|
55
|
33
|
36
|
8
|
(7)
|
36
|
26
|
36
|
108
|
73
|
78
|
95
|
37
|
31
|
31
|
43
|
28
|
(12)
|
(29)
|
(35)
|
(40)
|
(13)
|
(17)
|
(19)
|
(16)
|
(13)
|
|
Income from Continuing Operations |
(67)
|
(60)
|
(97)
|
(154)
|
(134)
|
(125)
|
(111)
|
(72)
|
(67)
|
(24)
|
(13)
|
(43)
|
(30)
|
(34)
|
4
|
(2)
|
(41)
|
(62)
|
(135)
|
(109)
|
(106)
|
(129)
|
(149)
|
(909)
|
(904)
|
(904)
|
(863)
|
(110)
|
(72)
|
(82)
|
(64)
|
(45)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(67)
N/A
|
(60)
+10%
|
(97)
-60%
|
(154)
-59%
|
(134)
+13%
|
(125)
+7%
|
(111)
+11%
|
(72)
+35%
|
(67)
+7%
|
(24)
+64%
|
(13)
+45%
|
(43)
-229%
|
(30)
+30%
|
(34)
-12%
|
4
N/A
|
(2)
N/A
|
(41)
-2 189%
|
(62)
-51%
|
(135)
-117%
|
(109)
+19%
|
(106)
+2%
|
(129)
-22%
|
(149)
-16%
|
(909)
-509%
|
(904)
+1%
|
(904)
+0%
|
(863)
+5%
|
(110)
+87%
|
(72)
+35%
|
(82)
-14%
|
(64)
+23%
|
(45)
+30%
|
|
EPS (Diluted) |
-0.87
N/A
|
-0.78
+10%
|
-1.25
-60%
|
-2
-60%
|
-1.74
+13%
|
-1.66
+5%
|
-1.54
+7%
|
-1.02
+34%
|
-1
+2%
|
-0.34
+66%
|
-0.2
+41%
|
-0.63
-215%
|
-0.49
+22%
|
-0.55
-12%
|
0.06
N/A
|
-0.03
N/A
|
-0.67
-2 133%
|
-1.02
-52%
|
-2.2
-116%
|
-1.76
+20%
|
-1.71
+3%
|
-2.08
-22%
|
-2.41
-16%
|
-14.67
-509%
|
-14.58
+1%
|
-14.41
+1%
|
-13.91
+3%
|
-1.77
+87%
|
-1.16
+34%
|
-1.33
-15%
|
-1.03
+23%
|
-0.72
+30%
|