| Income Statement for Avanex Corp. (AVNX) | | | | | | | Income | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Operating Revenue | 208,094 | 212,755 | 162,944 | 160,695 | 106,932 | | Adjustments to Revenue | N/A | - | - | - | - | | Cost of Revenue | (144,720) | (172,195) | (148,919) | (155,924) | (117,977) | | Gross Operating Profit | 63,374 | 40,560 | 14,025 | 4,771 | (11,045) | | | Selling/General/Admin Expense | (35,499) | (38,539) | (29,888) | (34,261) | (44,448) | | Research & Development | (28,371) | (25,231) | (23,471) | (33,124) | (41,744) | | EBITDA | (496) | (23,210) | (39,334) | (62,614) | (97,237) | | Depreciation & Amortization | N/A | (5,058) | (11,013) | (15,057) | (19,824) | | EBIT | (496) | (28,268) | (50,347) | (77,671) | (117,061) | | Interest Income | 4,100 | 2,327 | 2,787 | 3,607 | 5,155 | | Other Income, Net | 2,019 | 527 | 5,064 | 1,850 | - | | Total Income Avail For Interest Expense | 5,787 | (30,141) | (44,408) | (101,786) | (116,157) | | Interest Expense | (152) | - | (10,284) | (6,585) | (1,856) | | Pre-Tax Income | 5,635 | (30,141) | (54,692) | (108,371) | (118,013) | | Income Taxes | (876) | (464) | - | - | - | | Minority Interest | N/A | - | - | - | - | | Net Income from Continuing Operations | 4,759 | (30,605) | (54,692) | (108,371) | (118,013) | | Net Income from Discontinued Operations | - | - | - | - | (6,054) | | Net Income from Total Operations | 4,759 | (30,605) | (54,692) | (108,371) | (124,067) | | | Normalized Income | 4,595 | (25,878) | (52,780) | (78,799) | (113,762) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | 164 | (4,727) | (1,912) | (29,572) | (4,251) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 4,759 | (30,605) | (54,692) | (108,371) | (124,067) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | N/A | - | - | - | - | | | Basic EPS from Continuing Operations | 0.31 | -2.10 | -5.10 | -11.25 | -13.50 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | -0.75 | | Basic EPS from Total Operations | 0.31 | -2.10 | -5.10 | -11.25 | -14.25 | | | Diluted EPS from Continuing Operations | 0.31 | -2.10 | -5.10 | -11.25 | -13.50 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | -0.75 | | Diluted EPS from Total Operations | 0.31 | -2.10 | -5.10 | -11.25 | -14.25 | | | |
