| Income Statement for Vecima Networks Inc. (VCM:CA) | | | | | | | Income | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | | | Operating Revenue | 120,557 | 93,741 | 80,006 | 63,019 | | Adjustments to Revenue | - | - | - | - | | Cost of Revenue | (62,116) | (52,128) | (44,739) | (33,994) | | Gross Operating Profit | 58,441 | 41,613 | 35,267 | 29,025 | | | Selling/General/Admin Expense | (23,516) | (16,489) | (11,307) | (9,124) | | Research & Development | (8,922) | (8,547) | (4,822) | (2,042) | | EBITDA | 26,003 | 16,577 | 19,138 | 17,859 | | Depreciation & Amortization | (7,691) | (5,631) | (4,612) | (3,929) | | EBIT | 18,312 | 10,946 | 14,526 | 13,930 | | Interest Income | 246 | 770 | 720 | 266 | | Other Income, Net | 1,403 | 1,461 | 1,720 | 2,075 | | Total Income Avail For Interest Expense | 19,961 | 13,177 | 16,966 | 16,271 | | Interest Expense | (608) | (358) | (308) | (569) | | Pre-Tax Income | 19,353 | 12,819 | 16,658 | 15,702 | | Income Taxes | (7,488) | (3,279) | (6,052) | (5,403) | | Minority Interest | - | - | - | - | | Net Income from Continuing Operations | 11,865 | 9,540 | 10,606 | 10,299 | | Net Income from Discontinued Operations | - | - | - | - | | Net Income from Total Operations | 11,865 | 9,540 | 10,606 | 10,299 | | | Normalized Income | 11,865 | 9,540 | 10,606 | 10,299 | | Extraordinary Income | - | 15,425 | - | - | | Special Income/Charges | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | | Other Gains | - | - | - | - | | Total Net Income | 11,865 | 24,965 | 10,606 | 10,299 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | | | Dividends Paid Per Share | 0.00 | 0.04 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | | | Basic EPS from Continuing Operations | 0.51 | 0.42 | 0.50 | 0.55 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.51 | 0.42 | 0.50 | 0.55 | | | Diluted EPS from Continuing Operations | 0.51 | 0.42 | 0.50 | 0.55 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.51 | 0.42 | 0.50 | 0.55 | | | |
