| Income Statement for Callidus Software Inc. (CALD) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 101,657 | 76,108 | 61,453 | 58,694 | 71,734 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (53,082) | (33,564) | (28,506) | (30,161) | (27,048) | | Gross Operating Profit | 48,575 | 42,544 | 32,947 | 28,533 | 44,686 | | | Selling/General/Admin Expense | (44,797) | (37,830) | (28,087) | (33,655) | (29,713) | | Research & Development | (15,563) | (14,558) | (12,380) | (13,415) | (12,111) | | EBITDA | (11,785) | (9,844) | (7,520) | (18,537) | 2,862 | | Depreciation & Amortization | (2,400) | (1,776) | (2,046) | (2,683) | (1,459) | | EBIT | (14,185) | (11,620) | (9,566) | (21,220) | 1,403 | | Interest Income | 2,860 | 2,709 | 1,510 | 1,216 | - | | Other Income, Net | - | - | (544) | - | 201 | | Total Income Avail For Interest Expense | (12,783) | (8,911) | (8,600) | (25,286) | 1,604 | | Interest Expense | - | - | (19) | (122) | (502) | | Pre-Tax Income | (12,783) | (8,911) | (8,619) | (25,408) | 1,102 | | Income Taxes | 330 | 62 | 14 | (75) | (267) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (12,453) | (8,849) | (8,605) | (25,483) | 835 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (12,453) | (8,849) | (8,605) | (25,483) | 835 | | | Normalized Income | (10,995) | (8,849) | (8,605) | (20,201) | 835 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (1,458) | - | - | (5,282) | - | | Income from Cum. Effect of Acct Change | - | 128 | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (12,453) | (8,721) | (8,605) | (25,483) | 835 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.43 | -0.32 | -0.33 | -1.04 | 0.06 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.43 | -0.32 | -0.33 | -1.04 | 0.06 | | | Diluted EPS from Continuing Operations | -0.43 | -0.32 | -0.33 | -1.04 | 0.04 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.43 | -0.32 | -0.33 | -1.04 | 0.04 | | | |
