| Income Statement for Finlay Enterprises Inc. (FNLY) | | | | | | | Income | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Operating Revenue | 835,892 | 761,795 | 990,134 | 923,606 | 902,416 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (452,527) | (396,917) | (496,698) | (451,908) | (437,263) | | Gross Operating Profit | 383,365 | 364,878 | 493,436 | 471,698 | 465,153 | | | Selling/General/Admin Expense | (347,255) | (331,261) | (420,613) | (396,185) | (388,349) | | Research & Development | - | - | - | - | - | | EBITDA | 36,110 | 33,617 | 72,823 | 75,513 | 76,804 | | Depreciation & Amortization | (18,682) | (21,135) | (21,526) | (19,802) | (20,280) | | EBIT | 17,428 | 12,482 | 51,297 | 55,711 | 56,524 | | Interest Income | - | - | - | - | - | | Other Income, Net | - | - | (79) | (9,090) | - | | Total Income Avail For Interest Expense | 14,419 | 12,482 | (26,070) | 46,985 | 56,524 | | Interest Expense | (30,586) | (23,501) | (24,309) | (22,637) | (23,506) | | Pre-Tax Income | (16,167) | (11,019) | (50,379) | 24,348 | 33,018 | | Income Taxes | 5,882 | 4,637 | (5,357) | (8,323) | (13,071) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (10,285) | (6,382) | (55,736) | 16,025 | 19,947 | | Net Income from Discontinued Operations | 236 | 10,790 | - | - | (11,537) | | Net Income from Total Operations | (10,049) | 4,408 | (55,736) | 16,025 | 8,410 | | | Normalized Income | (7,276) | (6,382) | 21,552 | 15,661 | 19,947 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (3,009) | - | (77,288) | 364 | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (10,049) | 4,408 | (55,736) | 16,025 | 8,410 | | | 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 | -1.13 | -0.71 | -6.21 | 1.83 | 2.21 | | Basic EPS from Discontinued Operations | 0.03 | 1.20 | 0.00 | 0.00 | -1.28 | | Basic EPS from Total Operations | -1.10 | 0.49 | -6.21 | 1.83 | 0.93 | | | Diluted EPS from Continuing Operations | -1.13 | -0.71 | -6.21 | 1.74 | 2.15 | | Diluted EPS from Discontinued Operations | 0.03 | 1.20 | 0.00 | 0.00 | -1.24 | | Diluted EPS from Total Operations | -1.10 | 0.49 | -6.21 | 1.74 | 0.91 | | | |
