TABLE-Playboy Enterprises Inc. (NYSE:PLA) Q2 oper up
Reuters, Thursday, July 30, 1998 at 10:41
CHICAGO, July 30 (Reuters) -
(In thousands, except per share amounts)
Quarters Ended
June 30,
1998 1997
Net Revenues
Publishing:
Playboy Magazine $ 27,219 $ 28,864
Other Domestic Publishing 4,608 5,310
International Publishing 2,957 2,322
Total Publishing 34,784 36,496
Entertainment:
Playboy TV 13,772 12,964
Domestic Home Video 4,324 1,465
International TV & Home Video
4,085 5,607
Total Playboy Businesses 22,181 20,036
AdulTVision 1,385 1,033
Movies & Other 1,200 537
Total Entertainment 24,766 21,606
Product Marketing 1,607 1,687
Catalog 15,086 16,796
Playboy Online 1,577 788
Total net revenues 77,820 77,373
Operating Income (Loss)
Publishing 2,933 3,419
Entertainment 7,592 4,348
Product Marketing 394 324
Catalog 514 607
Casino Gaming (207) -
Playboy Online (1,497) (174)
Corporate Administration
& Promotion (5,738) (5,140)
Total operating income 3,991 3,384
Interest expense, net (328) (20)
Other, net (37) (349)
Income before income taxes 3,626 3,015
Income tax benefit (expense) (1)
(1,547) 12,007
Net income 2,079 15,022
Weighted average shares outstanding
Basic 20,541 20,362
Diluted 21,111 20,855
Net income per common share
Basic 0.10 0.74
Diluted 0.10 0.72
Tax Adjusted
Net income 2,605 2,261
Net income per common share
Basic 0.13 0.11
Diluted 0.12 0.11
Before Tax Benefit (1)
Net income 2,079 1,536
Net income per common share
Basic 0.10 0.08
Diluted 0.10 0.07
(1) Calendar year 1997 second quarter includes a federal
tax benefit of $13,486 related to net operating loss and tax
credit carryforwards.
Six Months Ended
June 30,
1998 1997
Net Revenues
Publishing:
Playboy Magazine $ 51,193 $ 53,178
Other Domestic Publishing 8,429 10,347
International Publishing 5,208 4,723
Total Publishing 64,830 68,248
Entertainment:
Playboy TV 27,252 24,997
Domestic Home Video 5,841 4,627
International TV & Home Video
5,822 7,879
Total Playboy Businesses 38,915 37,503
AdulTVision 2,745 2,117
Movies & Other 1,400 1,214
Total Entertainment 43,060 40,834
Product Marketing 4,206 3,695
Catalog 34,486 36,283
Casino Gaming - -
Playboy Online 3,000 1,560
Total net revenues 149,582 150,620
Operating Income (Loss)
Publishing 3,077 4,986
Entertainment 12,451 10,560
Product Marketing 1,086 1,260
Catalog 1,554 1,764
Casino Gaming (398) -
Playboy Online (2,191) (208)
Corporate Administration
& Promotion (10,344) (10,311)
Total operating income 5,235 8,051
Interest expense, net (509) (90)
Other, net (456) (542)
Income before income taxes 4,270 7,419
Income tax benefit (expense)(1)
(2,131) 10,113
Net income 2,139 17,532
Weighted average shares outstanding
Basic 20,536 20,346
Diluted 21,073 20,843
Net income per common share
Basic 0.10 0.86
Diluted 0.10 0.84
Tax Adjusted
Net income 2,834 6,097
Net income per common share
Basic 0.14 0.30
Diluted 0.13 0.29
Before Tax Benefit (1)
Net income 2,139 4,046
Net income per common share
Basic 0.10 0.20
Diluted 0.10 0.19
(1) Calendar year 1997 second quarter includes a federal
tax benefit of $13,486 related to net operating loss and tax
credit carryforwards.
chicago.equities.newsroom@reuters.com))
Copyright 1998, Reuters News Service |
