MEDIA GENERAL, INC., FINANCIAL HIGHLIGHTS

 

Return to 1999 Annual Report Index

(In millions, except per share amounts)

For Fiscal Years Ended  

December 26,
1999

 

December 27,
1998

 

Percentage
Change


Revenues

 

$ 795.4

 

$ 816.9

 

(2.6)%

Operating cash flow

 

189.9

 

201.1

 

(5.6)

Depreciation and amortization

 

79.5

 

75.8

 

4.9

Operating income

 

110.4

 

125.3

 

(11.9)


Income from continuing operations before extraordinary item

 

$ 69.9

 

$ 53.4

 

30.9%

Discontinued Cable operations

 

812.7

 

17.4

 

Net income

 

881.3

 

70.9

 

Stockholders’ equity

 

1,330.9

 

477.3

 

Total assets

 

2,340.4

 

1,917.3

 

22.1


Average shares outstanding — assuming dilution

 

26.9

 

26.9

 

—%

Earnings per share  — assuming dilution:

      Income from continuing operations before extraordinary item

 

$  2.60

 

$ 1.98

 

31.3

      Income from discontinued Cable operations

 

30.23

 

0.65

 

      Net income

 

32.78

 

2.63

 

Dividends per share

 

0.60

 

0.56

 

7.1

Stockholders’ equity per share

 

50.28

 

17.83

 

182.0


 


All charts exclude the effects of the discontinued Cable operations.
* Excludes net income effect of 1999 and 1997 extraordinary charges ($1.3 million, $0.05 per share — assuming dilution; and $63 million, $2.37 per share — assuming dilution, respectively).
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