| Income Statement for Heidrick & Struggles International Inc. (HSII) | | | | After Hours: $ 24.97 |  -0.08 (-0.32%) | Volume: 100 | 4:00 PM EDT Oct 10, 2008 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 648,266 | 501,994 | 432,850 | 398,176 | 317,934 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (436,285) | (341,803) | (9,308) | 13,185 | 14,073 | | Gross Operating Profit | 211,981 | 160,191 | 423,542 | 411,361 | 332,007 | | | Selling/General/Admin Expense | (121,198) | (99,352) | (368,318) | (368,966) | (310,787) | | Research & Development | - | - | - | - | - | | EBITDA | 90,783 | 60,839 | 55,224 | 42,395 | 21,220 | | Depreciation & Amortization | (11,279) | (10,382) | (11,245) | (13,185) | (14,073) | | EBIT | 79,504 | 50,457 | 43,979 | 29,210 | 7,147 | | Interest Income | 8,099 | 6,318 | 5,951 | 2,588 | 1,687 | | Other Income, Net | (288) | (1,040) | 1,443 | (1,024) | (1,049) | | Total Income Avail For Interest Expense | 87,199 | 55,327 | 28,861 | 87,296 | (21,658) | | Interest Expense | (64) | (61) | (379) | (197) | (166) | | Pre-Tax Income | 87,135 | 55,266 | 28,482 | 87,099 | (21,824) | | Income Taxes | (30,672) | (21,023) | 10,736 | (4,791) | (58,844) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 56,463 | 34,243 | 39,218 | 82,308 | (80,668) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 56,463 | 34,243 | 39,218 | 82,308 | (80,668) | | | Normalized Income | 56,463 | 34,651 | 61,711 | 82,858 | (51,225) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (408) | (22,493) | (550) | (29,443) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 56,463 | 34,243 | 39,218 | 82,308 | (80,668) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 3.16 | 1.91 | 2.08 | 4.35 | -4.43 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 3.16 | 1.91 | 2.08 | 4.35 | -4.43 | | | Diluted EPS from Continuing Operations | 2.97 | 1.81 | 1.98 | 4.11 | -4.43 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 2.97 | 1.81 | 1.98 | 4.11 | -4.43 | | | |
