Cumulus Media Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	245.32M	290.20M	132.30M	69.18M	57.86M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	159.76M	178.88M	77.87M	39.16M	37.56M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	85.56M	111.32M	54.43M	30.02M	20.30M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	17.53M	29.69M	45.18M	9.699M	8.71M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	35.68M	37.21M	11.22M	1.889M	2.123M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)	0.088M	-0.687M	-1.436M	-1.085M	15.12M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	212.88M	246.48M	135.71M	51.83M	33.27M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	32.44M	43.73M	-3.409M	17.35M	24.59M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-50.54M	-52.05M	-7.686M	-13.64M	-6.32M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	-18.10M	-8.318M	-11.10M	3.711M	18.27M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	-5.975M	4.82M	-70.63M	2.37M	2.149M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	-12.13M	-13.14M	59.54M	1.341M	16.12M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	-12.13M	-13.14M	59.54M	1.341M	16.12M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	-17.83M	-20.10M	59.54M	1.341M	16.12M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	149.37	96.00	80.36	41.78	41.68	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	149.37	91.13	73.92	40.76	40.57	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	-0.12	-0.57	0.64	0.03	0.38	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	-0.12	-0.54	0.60	0.03	0.37	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro