SPN Fairway Acquisition, Inc. (CPX) [Rocket]

In millions, except per share items	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08	Dec-31-07	Dec-31-06	Dec-31-05	Dec-31-04
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Completion & Production Services		1,355.0	512.4	1,542.3	1,542.3	247.8	124.2	195.0
Product Sales		39.8	3.8	89.5		29.6
Corporate		6.5	9.1	31.8	31.8	41.7
Drilling Services						194.5
Other		160.1	531.1	171.4		571.0	596.0	99.0
Total revenues [+]	2,153.3	1,561.4	1,056.4	1,834.9	1,491.3	1,084.6	720.2	293.9
Products		33.8	44.1	59.1	40.9	29.6	80.8	54.5
Services		1,527.6	1,012.3	1,775.8	1,450.4	1,055.0	639.4	239.4
Revenue growth [+]	37.9%	47.8%	-42.4%	23.0%	37.5%	50.6%	145.0%
Completion & Production Services		164.5%	-66.8%	0.0%	522.4%	99.5%	-36.3%
Product Sales		948.3%	-95.8%
Corporate		-28.7%	-71.4%	0.0%	-23.8%
Cost of goods sold [+]	1,358.6	1,011.0	725.4	1,136.5	1,020.8	0.0	0.0	0.0
Cost of product sales		25.9	33.2	41.9
Cost of services		985.1	692.2	1,094.6
Gross profit	794.7	550.4	331.0	698.4	470.4	1,084.6	720.2	293.9
Gross margin	36.9%	35.2%	31.3%	38.1%	31.5%	100.0%	100.0%	100.0%
Selling, general and administrative [+]	204.6	175.4	181.4	198.2	179.5	144.4	108.8	44.0
General and administrative	204.6
Other operating expenses	298.4					710.8	454.0	194.6
Adjusted EBITDA		374.9	149.1	500.2	500.2	237.9	159.7	55.6
Adjusted EBITDA margin		24.0%	14.1%	27.3%	33.5%	21.9%	22.2%	18.9%
Stock-based compensation		11.6	12.2	21.4	7.6	4.6	2.0
EBITDA [+]	483.5	374.9	149.6	502.2	295.5	233.3	157.7	55.6
EBITDA growth	29.0%	150.6%	-70.2%	69.9%	26.7%	47.9%	183.9%
EBITDA margin	22.5%	24.0%	14.2%	27.4%	19.8%	21.5%	21.9%	18.9%
Depreciation and amortization	191.8	181.8	200.7	183.2	136.0	79.8	48.8	21.6
EBIT [+]	291.8	193.1	-51.1	319.0	159.5	153.5	108.9	33.9
EBIT growth	51.1%	-477.7%	-116.0%	100.0%	3.9%	41.0%	220.8%
EBIT margin	13.5%	12.4%	-4.8%	17.4%	10.7%	14.1%	15.1%	11.5%
Non-recurring items [+]			136.3	272.0	13.1
Asset impairment			136.3	272.0	13.1
Interest expense, net [+]	52.7	57.3	56.8	59.4	-230.4	39.3	24.5	7.5
Interest expense	53.3	57.7	56.9	59.7	61.3	40.6	24.5	7.5
Interest income	0.6	0.3	0.1	0.3	291.7	1.4
Other income (expense), net	106.6		-0.5		-146.1	81.3
Pre-tax income	345.6	135.7	-244.8	-12.4	230.7	195.5	84.4	26.5
Income taxes	128.6	51.6	-63.1	72.3	84.8	70.5	33.1	10.5
Tax rate	37.2%	38.0%	25.8%		36.8%	36.1%	39.2%	39.7%
Minority interest					-0.6	0.0	0.4	4.7
Earnings from continuing ops	217.1	84.2	-181.7	-84.7	157.9	-14.1	-2.9	-2.6
Earnings from discontinued ops	53.6				157.9	139.1	53.9	13.9
Net income	270.7	84.2	-181.7	-84.7	157.9	125.0	50.9	11.3
Net margin	12.6%	5.4%	-17.2%	-4.6%	10.6%	11.5%	7.1%	3.8%

Basic EPS [+]	$2.79	$1.11	($2.42)	($1.15)	$2.19	($0.21)	($0.06)	($0.09)
Growth	152.5%	-145.7%	110.2%	-152.5%	-1127.6%	238.1%	-29.0%
Diluted EPS [+]	$2.74	$1.08	($2.42)	($1.15)	$2.15	($0.21)	($0.06)	($0.09)
Growth	153.0%	-144.8%	110.2%	-153.5%	-1142.7%	255.5%	-33.5%

Shares outstanding (basic) [+]	77.7	76.0	75.1	73.6	72.0	65.8	46.6	29.5
Growth	2.2%	1.3%	2.0%	2.2%	9.3%	41.3%	57.7%
Shares outstanding (diluted) [+]	79.2	77.7	75.1	73.6	73.4	68.1	50.7	30.1
Growth	2.0%	3.4%	2.0%	0.3%	7.8%	34.4%	68.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.