| Income Statement for ABAXIS Inc. (ABAX) | | | | After Hours: $ 14.31 | 0.00 (0.00%) | Volume: 713 | 4:23 PM EDT Oct 10, 2008 | | | | | | | Income | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Operating Revenue | 100,551 | 86,221 | 68,928 | 52,758 | 46,874 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (42,010) | (36,677) | (27,939) | (22,915) | (21,258) | | Gross Operating Profit | 58,541 | 49,544 | 40,989 | 29,843 | 25,616 | | | Selling/General/Admin Expense | (30,370) | (26,304) | (21,994) | (15,701) | (14,431) | | Research & Development | (6,966) | (6,180) | (6,127) | (5,150) | (4,757) | | EBITDA | 21,205 | 17,060 | 12,868 | 8,992 | 6,428 | | Depreciation & Amortization | (3,497) | (2,685) | (2,136) | (1,896) | (1,708) | | EBIT | 17,708 | 14,375 | 10,732 | 7,096 | 4,720 | | Interest Income | 2,096 | 1,774 | 819 | 302 | 173 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | 19,804 | 16,149 | 11,551 | 7,398 | 4,893 | | Interest Expense | - | - | (32) | (33) | (68) | | Pre-Tax Income | 19,804 | 16,149 | 11,519 | 7,365 | 4,825 | | Income Taxes | (7,301) | (6,076) | (4,044) | (2,514) | 19,208 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 12,503 | 10,073 | 7,475 | 4,851 | 24,033 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 12,503 | 10,073 | 7,475 | 4,851 | 24,033 | | | Normalized Income | 12,503 | 10,073 | 7,475 | 4,851 | 24,033 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 12,503 | 10,073 | 7,475 | 4,851 | 24,033 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | 419 | | | Basic EPS from Continuing Operations | 0.58 | 0.49 | 0.37 | 0.25 | 1.30 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.58 | 0.49 | 0.37 | 0.25 | 1.30 | | | Diluted EPS from Continuing Operations | 0.56 | 0.46 | 0.35 | 0.22 | 1.16 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.56 | 0.46 | 0.35 | 0.22 | 1.16 | | | |
