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BB Liquidating (BB Liquidating) Net Income : $-268 Mil (TTM As of Dec. 2010)


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What is BB Liquidating Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. BB Liquidating's Net Income for the three months ended in Dec. 2010 was $-80 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2010 was $-268 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BB Liquidating's Earnings per Share (Diluted) for the three months ended in Dec. 2010 was $-0.37.


BB Liquidating Net Income Historical Data

The historical data trend for BB Liquidating's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BB Liquidating Net Income Chart

BB Liquidating Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.50 -73.80 -374.10 -558.20 -268.00

BB Liquidating Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -434.90 -65.40 -68.70 -53.50 -80.40

BB Liquidating Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

BB Liquidating's Net Income for the fiscal year that ended in Dec. 2010 is calculated as

Net Income(A: Dec. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-224.6+-7.4+-26.3+-9.7
=-268

BB Liquidating's Net Income for the quarter that ended in Dec. 2010 is calculated as

Net Income(Q: Dec. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-45.2+-5.1+-25.9+-4.2
=-80

Net Income for the trailing twelve months (TTM) ended in Dec. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-268 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BB Liquidating  (OTCPK:BLIAQ) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

BB Liquidating's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2010 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


BB Liquidating Net Income Related Terms

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BB Liquidating (BB Liquidating) Business Description

Traded in Other Exchanges
N/A
Address
2100 Ross Avenue, Suite 2100, Dallas, TX, USA, 75201
BB Liquidating, Inc. formerly Blockbuster, Inc. and its subsidiaries operate and franchise entertainment-related stores in the United States and a number of other countries.
Executives
Dennis Mcgill officer: EVP & CFO 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
James W Keyes director, officer: Chairman & CEO 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Jules Haimovitz director 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Edward Bleier director P.O. BOX 91123, SEATTLE WA 98111-9223
Strauss Zelnick director C/O ZELNICKMEDIA, 650 FIFTH AVE 31ST FLOOR, NEW YORK NY 10019
Hopper Investments Llc other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601
Icahn Capital Lp other: no longer a 10% holder 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iph Gp Llc other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Onshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Offshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises G.p. Inc. other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Beckton Corp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises Holdings L.p. other: no longer a 10% holder 16690 COLLINS AVE,, PH, SUNNY ISLES FL 33160
Barberry Corp /ny/ other: no longer a 10% holder 16630 COLLINS AVENUE, PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Ii L.p. other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601

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