Information & Media
2006 segment results
Revenue + 5.7% to $984.5 million
Operating profit - 17.6% to $49.9 million
$14.1 million for incremental stock-based compensation and a one-time charge for the elimination of the restoration stock option program
$8.7 million in restructuring charges for employee severance costs for approximately 150 positions
A change in revenue recognition for transformation of Sweets
$8.3 million benefit following favorable resolution of disputed billings
Impact of eliminating BusinessWeek’s European and Asia editions
Operating margin 5.1%