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Fact Book 2009/2010
  • The McGraw-Hill Companies Reports 43.2%
    Increase in Fourth Quarter EPS (Jan 26) More
  • McGraw-Hill Increases Dividend; Will Resume
    Share Repurchase Program (Jan 20) More

Selected Financials
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2008 Operating Profit/(Loss) and Operating Profit Margin by Segment, as Adjusted for SFAS 160
Stock-Based Compensation

Notes for Selected Financials:

2008 Operating Profit/(Loss) and Operating Profit Margin by Segment, as Adjusted for SFAS 160:
Operating results reflect the impact of a reclassification of noncontrolling interests as required by Statement of Financial Accounting Standards No. 160, “Noncontrolling interests in Consolidated Financial Statements, an amendment of ARB 51” (SFAS 160), which was adopted in the first quarter of 2009. The new pronouncement requires separate reporting of net income attributable to noncontrolling interests. The amounts noted under “Reclassification” reflect net income attributable to noncontrolling interests that were previously reported within segment operating profit. The larger entities impacted by SFAS 160 are CRISIL Limited (Financial Services segment) and McGraw-Hill Ryerson (McGraw-Hill Education segment). This reclassification does not impact the Information & Media segment
Stock-Based Compensation:
2006: Includes a one-time charge for the elimination of the Corporation’s restoration stock option program of $23.8 million pre-tax ($14.9 million after-tax, or $0.04 per diluted share) which impacted the segments as follows: $4.2 million to McGraw-Hill Education, $2.1 million to Financial Services, $2.7 million to Information & Media, and $14.8 million to Corporate