| Income Statement for EZEM Inc. (EZEM) | | | | | | | Income | in Thousands of Dollars | | | 05/2007 | 05/2006 | 05/2005 | 05/2004 | 05/2003 | | | Operating Revenue | 137,840 | 138,369 | 113,075 | 148,771 | 133,158 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (73,204) | (74,976) | (61,880) | (79,246) | (71,967) | | Gross Operating Profit | 64,636 | 63,393 | 51,195 | 69,525 | 61,191 | | | Selling/General/Admin Expense | (44,259) | (44,078) | (36,172) | (48,847) | (47,075) | | Research & Development | (5,671) | (5,983) | (5,494) | (8,019) | (6,776) | | EBITDA | 14,706 | 13,332 | 9,529 | 12,659 | 7,340 | | Depreciation & Amortization | (3,442) | (3,673) | (3,159) | (3,667) | (3,395) | | EBIT | 11,264 | 9,659 | 6,370 | 8,992 | 3,945 | | Interest Income | 1,424 | 831 | 365 | 208 | 246 | | Other Income, Net | 191 | 1,091 | 3,090 | 2,972 | 599 | | Total Income Avail For Interest Expense | 12,879 | 11,143 | 6,908 | 10,401 | 4,674 | | Interest Expense | (325) | (441) | (349) | (478) | (436) | | Pre-Tax Income | 12,554 | 10,702 | 6,559 | 9,923 | 4,238 | | Income Taxes | (3,992) | (936) | (851) | (3,182) | (1,497) | | Minority Interest | - | - | - | (15) | - | | Net Income from Continuing Operations | 8,562 | 9,766 | 5,708 | 6,726 | 2,741 | | Net Income from Discontinued Operations | (19) | - | 1,228 | - | - | | Net Income from Total Operations | 8,543 | 9,766 | 6,936 | 6,726 | 2,741 | | | Normalized Income | 8,562 | 10,204 | 8,625 | 8,497 | 2,857 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (438) | (2,917) | (1,771) | (116) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 8,543 | 9,766 | 6,936 | 6,726 | 2,741 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 05/2007 | 05/2006 | 05/2005 | 05/2004 | 05/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.30 | 0.25 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.78 | 0.90 | 0.53 | 0.65 | 0.27 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.78 | 0.90 | 0.64 | 0.65 | 0.27 | | | Diluted EPS from Continuing Operations | 0.77 | 0.88 | 0.52 | 0.63 | 0.26 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.77 | 0.88 | 0.63 | 0.63 | 0.26 | | | |
