| Income Statement for CalMaine Foods Inc. (CALM) | | | | | | | Income | in Thousands of Dollars | | | 05/2008 | 05/2007 | 05/2006 | 05/2005 | 05/2004 | | | Operating Revenue | 915,939 | 598,128 | 477,555 | 375,266 | 572,331 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (592,063) | (458,028) | (394,769) | (323,392) | (379,862) | | Gross Operating Profit | 323,876 | 140,100 | 82,786 | 51,874 | 192,469 | | | Selling/General/Admin Expense | (74,919) | (60,394) | (57,702) | (47,758) | (69,305) | | Research & Development | - | - | - | - | - | | EBITDA | 248,957 | 79,706 | 25,084 | 4,116 | 123,164 | | Depreciation & Amortization | (25,320) | (21,476) | (20,569) | (16,441) | (16,842) | | EBIT | 223,637 | 58,230 | 4,515 | (12,325) | 106,322 | | Interest Income | 3,618 | 1,112 | 1,083 | 1,684 | 1,091 | | Other Income, Net | 5,699 | 1,921 | 1,465 | 1,227 | 524 | | Total Income Avail For Interest Expense | 239,278 | 62,962 | 6,306 | (9,502) | 113,860 | | Interest Expense | (7,712) | (6,987) | (7,949) | (5,906) | (7,618) | | Pre-Tax Income | 231,566 | 55,975 | (1,643) | (15,408) | 106,242 | | Income Taxes | (79,530) | (19,605) | 465 | 5,050 | (39,800) | | Minority Interest | (175) | 286 | 165 | - | - | | Net Income from Continuing Operations | 151,861 | 36,656 | (1,013) | (10,358) | 66,442 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 151,861 | 36,656 | (1,013) | (10,358) | 66,442 | | | Normalized Income | 151,861 | 36,656 | (1,013) | (10,358) | 66,442 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 151,861 | 36,656 | (1,013) | (10,358) | 66,442 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 05/2008 | 05/2007 | 05/2006 | 05/2005 | 05/2004 | | | Dividends Paid Per Share | 0.83 | 0.06 | 0.04 | 0.06 | 0.03 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 6.41 | 1.56 | -0.04 | -0.43 | 2.78 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 6.41 | 1.56 | -0.04 | -0.43 | 2.78 | | | Diluted EPS from Continuing Operations | 6.40 | 1.55 | -0.04 | -0.43 | 2.73 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 6.40 | 1.55 | -0.04 | -0.43 | 2.73 | | | |
