| Income Statement for Descartes Systems Group Inc. (DSGX) | | | | | | | Income | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Operating Revenue | 59,025 | 51,990 | 45,729 | 46,395 | 59,785 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (18,212) | (15,220) | (15,786) | (18,332) | (14,191) | | Gross Operating Profit | 40,813 | 36,770 | 29,943 | 28,063 | 45,594 | | | Selling/General/Admin Expense | (16,953) | (17,185) | (16,220) | (32,297) | (44,208) | | Research & Development | (10,540) | (9,033) | (6,991) | (10,419) | (9,382) | | EBITDA | 13,320 | 10,552 | 6,732 | (14,653) | (7,996) | | Depreciation & Amortization | (6,072) | (4,985) | (5,034) | (6,863) | (10,535) | | EBIT | 7,248 | 5,567 | 1,698 | (21,516) | (18,531) | | Interest Income | 1,518 | 592 | 645 | 516 | - | | Other Income, Net | - | - | 1,420 | - | (318) | | Total Income Avail For Interest Expense | 6,766 | 4,191 | 3,784 | (53,288) | (37,633) | | Interest Expense | - | - | (699) | (1,718) | (4,832) | | Pre-Tax Income | 6,766 | 4,191 | 3,085 | (55,006) | (42,465) | | Income Taxes | 15,677 | (204) | (96) | (325) | (287) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 22,443 | 3,987 | 2,989 | (55,331) | (42,752) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 22,443 | 3,987 | 2,989 | (55,331) | (42,752) | | | Normalized Income | 24,443 | 5,955 | 2,968 | (23,043) | (23,968) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (2,000) | (1,968) | 21 | (32,288) | (18,784) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 22,443 | 3,987 | 2,989 | (55,331) | (42,752) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.44 | 0.09 | 0.07 | -1.36 | -0.93 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.44 | 0.09 | 0.07 | -1.36 | -0.93 | | | Diluted EPS from Continuing Operations | 0.43 | 0.09 | 0.07 | -1.36 | -0.93 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.43 | 0.09 | 0.07 | -1.36 | -0.93 | | | |
