| Income Statement for Farmer Brothers Company (FARM) | | | | | | | Income | in Thousands of Dollars | | | 06/2007 | 06/2006 | 06/2005 | 06/2004 | 06/2003 | | | Operating Revenue | 216,259 | 207,453 | 198,420 | 193,589 | 201,558 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (80,168) | (75,947) | (74,568) | (64,307) | (64,886) | | Gross Operating Profit | 136,091 | 131,506 | 123,852 | 129,282 | 136,672 | | | Selling/General/Admin Expense | (130,843) | (125,508) | (122,039) | (118,421) | (107,008) | | Research & Development | - | - | - | - | - | | EBITDA | 5,248 | 5,998 | 1,813 | 10,861 | 29,664 | | Depreciation & Amortization | (9,324) | (8,963) | (8,396) | (7,098) | (5,776) | | EBIT | (4,076) | (2,965) | (6,583) | 3,763 | 23,888 | | Interest Income | 5,768 | 4,445 | 2,721 | 2,518 | 3,974 | | Other Income, Net | 5,156 | 2,525 | (7,467) | 9,701 | 9,709 | | Total Income Avail For Interest Expense | 6,848 | 4,005 | (11,329) | 15,982 | 37,571 | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | 6,848 | 4,005 | (11,329) | 15,982 | 37,571 | | Income Taxes | (33) | 751 | 5,902 | (3,295) | (13,942) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 6,815 | 4,756 | (5,427) | 12,687 | 23,629 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 6,815 | 4,756 | (5,427) | 12,687 | 23,629 | | | Normalized Income | 6,815 | 4,756 | (5,427) | 12,687 | 23,629 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 6,815 | 4,756 | (5,427) | 12,687 | 23,629 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 06/2007 | 06/2006 | 06/2005 | 06/2004 | 06/2003 | | | Dividends Paid Per Share | 0.44 | 0.42 | 0.40 | 0.38 | 0.36 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.48 | 0.34 | -0.40 | 0.81 | 1.30 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.48 | 0.34 | -0.40 | 0.81 | 1.30 | | | Diluted EPS from Continuing Operations | 0.48 | 0.34 | -0.40 | 0.81 | 1.30 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.48 | 0.34 | -0.40 | 0.81 | 1.30 | | | |
