PRESIDENTIAL LIFE CORP (PLFE) [Rocket]

Overview

PRESIDENTIAL LIFE CORP (PLFE)

Add to portfolio

1m \| 3m \| 6m \| 1y \| 2y \| 5y \| 10y

Recent News + Filings (All items)

Date Filed	Type	Description
02/10/2014	SC 13G/A	AQR CAPITAL MANAGEMENT LLC reports a 0% stake in Presidential Life Corp.
02/10/2014	SC 13G/A	DIMENSIONAL FUND ADVISORS LP reports a 0% stake in PRESIDENTIAL LIFE CORP
02/14/2013	SC 13G	AQR CAPITAL MANAGEMENT LLC reports a 5.5% stake in Presidential Life Corp.
02/11/2013	SC 13G/A	Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]
01/07/2013	15-12G	Form 15-12G - Securities registration termination [Section 12(g)]
12/28/2012	8-K	Completion of Acquisition or Disposition of Assets, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Sta...
12/20/2012	8-K	Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits

Revenue Mix by Segment

Financial Summary (All financials)

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
Revenues	267.4	297.0	247.8	225.8	364.1	358.8	458.6	396.3
Revenue growth	-10.0%	19.8%	9.8%	-38.0%	1.5%	-21.8%	15.7%	11.6%
Cost of goods sold	184.8	236.5	218.8	0.0	0.0	0.0	0.0	0.0
Gross profit	267.4	297.0	247.8	225.8	364.1	358.8	458.6	396.3
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Selling, general and administrative	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Sales and marketing	4.3	7.2	10.7	0.0	0.0	0.0	0.0	0.0
General and administrative	22.5	18.6	17.3	0.0	0.0	0.0	0.0	0.0
EBIT	58.0	30.9	3.4	0.0	0.0	0.0	0.0	0.0
EBIT margin	21.7%	10.4%	1.4%	0.0%	0.0%	0.0%	0.0%	0.0%
Pre-tax income	55.9	34.8	1.0	-21.5	96.7	70.2	148.2	100.0
Income taxes	16.9	13.3	-3.9	-15.1	33.0	20.5	56.6	34.1
Tax rate	30.3%	38.1%		70.5%	34.1%	29.1%	38.2%	34.0%
Net income	38.9	21.5	4.9	-6.3	63.7	49.7	91.6	66.0
Net margin	14.6%	7.3%	2.0%	-2.8%	17.5%	13.9%	20.0%	16.6%

Diluted EPS	$1.32	$0.73	$0.17	($0.21)	$2.15	$1.67	$3.11	$2.25
Shares outstanding (diluted)	29.6	29.6	29.6	30.2	29.6	29.8	29.4	29.3

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