| Income Statement for CalAmp Corp. (CAMP) | | | | | | | Income | in Thousands of Dollars | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Operating Revenue | 140,907 | 222,339 | 217,493 | 220,027 | 128,616 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (119,149) | (170,153) | (162,146) | (175,952) | (107,550) | | Gross Operating Profit | 21,758 | 52,186 | 55,347 | 44,075 | 21,066 | | | Selling/General/Admin Expense | (25,599) | (22,534) | (17,663) | (17,896) | (6,320) | | Research & Development | (15,710) | (15,015) | (9,109) | (8,320) | (5,363) | | EBITDA | (19,551) | 14,637 | 28,575 | 17,859 | 9,383 | | Depreciation & Amortization | (9,681) | (6,920) | (4,372) | (4,340) | (3,400) | | EBIT | (29,232) | 7,717 | 24,203 | 13,519 | 5,983 | | Interest Income | - | - | 557 | - | - | | Other Income, Net | (569) | 1,034 | (21) | (120) | (243) | | Total Income Avail For Interest Expense | (101,387) | (27,947) | 24,429 | 12,928 | 5,740 | | Interest Expense | (1,903) | (460) | - | - | - | | Pre-Tax Income | (103,290) | (28,407) | 24,429 | 12,928 | 5,740 | | Income Taxes | 20,940 | (2,781) | (9,867) | (4,852) | (26) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (82,350) | (31,188) | 14,562 | 8,076 | 5,714 | | Net Income from Discontinued Operations | (1,799) | - | - | - | - | | Net Income from Total Operations | (84,149) | (31,188) | 14,562 | 8,076 | 5,714 | | | Normalized Income | (10,764) | 5,510 | 14,872 | 8,547 | 5,714 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (71,586) | (36,698) | (310) | (471) | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (84,149) | (31,188) | 14,562 | 8,076 | 5,714 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -3.45 | -1.34 | 0.64 | 0.38 | 0.39 | | Basic EPS from Discontinued Operations | -0.08 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -3.53 | -1.34 | 0.64 | 0.38 | 0.39 | | | Diluted EPS from Continuing Operations | -3.45 | -1.34 | 0.62 | 0.36 | 0.37 | | Diluted EPS from Discontinued Operations | -0.08 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -3.53 | -1.34 | 0.62 | 0.36 | 0.37 | | | |
