| Income Statement for Bare Escentuals Inc. (BARE) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 02/2005 | 12/2004 | | | Operating Revenue | 511,000 | 394,525 | 259,295 | 141,801 | 141,801 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (147,281) | (112,148) | (74,081) | (38,537) | (38,537) | | Gross Operating Profit | 363,719 | 282,377 | 185,214 | 103,264 | 103,264 | | | Selling/General/Admin Expense | (187,176) | (140,848) | (104,640) | (83,405) | (83,405) | | Research & Development | - | - | - | - | - | | EBITDA | 176,543 | 141,529 | 80,574 | 19,859 | 19,859 | | Depreciation & Amortization | (7,554) | (2,618) | (1,536) | (1,885) | (1,885) | | EBIT | 168,989 | 138,911 | 79,038 | 17,974 | 17,974 | | Interest Income | 1,706 | 1,222 | 221 | 4 | 4 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | 170,695 | 134,151 | 61,026 | 17,438 | 17,438 | | Interest Expense | (23,619) | (49,246) | (21,503) | (6,348) | (6,348) | | Pre-Tax Income | 147,076 | 84,905 | 39,523 | 11,090 | 11,090 | | Income Taxes | (59,008) | (34,707) | (15,633) | (7,088) | (7,088) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 88,068 | 50,198 | 23,890 | 4,002 | 4,002 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 88,068 | 50,198 | 23,890 | 4,002 | 4,002 | | | Normalized Income | 88,068 | 56,180 | 42,123 | 4,542 | 4,542 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (5,982) | (18,233) | (540) | (540) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 88,068 | 50,198 | 23,890 | 4,002 | 4,002 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 02/2005 | 12/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | 4,472 | | | Basic EPS from Continuing Operations | 0.98 | 0.67 | 0.35 | -0.01 | -0.01 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.98 | 0.67 | 0.35 | -0.01 | -0.01 | | | Diluted EPS from Continuing Operations | 0.95 | 0.65 | 0.34 | -0.01 | -0.01 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.95 | 0.65 | 0.34 | -0.01 | -0.01 | | | |
