| Income Statement for Factory Card & Party Outlet Corp. (FCPO) | | | | | | | Income | in Thousands of Dollars | | | 01/2007 | 01/2006 | 01/2005 | 01/2004 | 01/2003 | | | Operating Revenue | 244,232 | 233,131 | 230,148 | 222,635 | 185,699 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (154,495) | (149,176) | (147,771) | (145,041) | (122,230) | | Gross Operating Profit | 89,737 | 83,955 | 82,377 | 77,594 | 63,469 | | | Selling/General/Admin Expense | (81,874) | (81,974) | (75,074) | (71,851) | (55,872) | | Research & Development | - | - | - | - | - | | EBITDA | 7,863 | 1,981 | 7,303 | 5,743 | 7,597 | | Depreciation & Amortization | (3,287) | (3,034) | (2,605) | (2,288) | (1,706) | | EBIT | 4,576 | (1,053) | 4,698 | 3,455 | 5,891 | | Interest Income | - | - | - | - | - | | Other Income, Net | - | - | 63 | - | - | | Total Income Avail For Interest Expense | 4,576 | (1,053) | 439 | 3,455 | 5,891 | | Interest Expense | (855) | (804) | (742) | (1,182) | (1,368) | | Pre-Tax Income | 3,721 | (1,857) | (303) | 2,273 | 4,523 | | Income Taxes | (1,438) | 854 | 103 | (911) | (1,981) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 2,283 | (1,003) | (200) | 1,362 | 2,542 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 2,283 | (1,003) | (200) | 1,362 | 2,542 | | | Normalized Income | 2,283 | (1,003) | 4,122 | 1,362 | 2,542 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (4,322) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 2,283 | (1,003) | (200) | 1,362 | 2,542 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 01/2007 | 01/2006 | 01/2005 | 01/2004 | 01/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.71 | -0.33 | -0.07 | 0.47 | 0.89 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.71 | -0.33 | -0.07 | 0.47 | 0.89 | | | Diluted EPS from Continuing Operations | 0.67 | -0.33 | -0.07 | 0.40 | 0.86 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.67 | -0.33 | -0.07 | 0.40 | 0.86 | | | |
