ICON’s net income jumped to $41,234,000 from $11,582,000 in the second quarter, boosted by the sale of its Entertainment segment offset by several other one time charges, as licensing revenues dipped 10% to $61,647,000 from $68,209,000. The company reported preliminary results, delaying final Q2 reporting until it finishes the deconsolidation of its Southeast Asia joint venture. Along with the $104.3 million gain from the sale, ICON also recorded a $23.2 million loss for termination of licenses and a $13.9 million expense for early extinguishment of debt. SG&A declined 9% to $26.8 million from lower compensation expense and lower bad debt ... Log in to view full article.