| Income Statement for Koss Corp. (KOSS) | | | | | | | Income | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Operating Revenue | 46,943 | 46,202 | 50,892 | 40,287 | 40,493 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (28,190) | (27,311) | (30,140) | (24,173) | (23,870) | | Gross Operating Profit | 18,753 | 18,891 | 20,751 | 16,114 | 16,623 | | | Selling/General/Admin Expense | (10,792) | (10,066) | (10,064) | (8,544) | (8,090) | | Research & Development | - | - | - | - | - | | EBITDA | 7,961 | 8,824 | 10,688 | 7,569 | 8,533 | | Depreciation & Amortization | (962) | (974) | (955) | (1,044) | (661) | | EBIT | 6,999 | 7,850 | 9,732 | 6,526 | 7,872 | | Interest Income | 119 | 169 | 169 | 65 | 22 | | Other Income, Net | 292 | 325 | 342 | 805 | 1,072 | | Total Income Avail For Interest Expense | 7,411 | 8,345 | 10,243 | 7,396 | 8,966 | | Interest Expense | - | - | - | - | (1) | | Pre-Tax Income | 7,411 | 8,345 | 10,243 | 7,396 | 8,965 | | Income Taxes | (2,916) | (3,188) | (4,021) | (2,902) | (3,517) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 4,494 | 5,157 | 6,222 | 4,494 | 5,448 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 4,494 | 5,157 | 6,222 | 4,494 | 5,448 | | | Normalized Income | 4,494 | 5,157 | 6,222 | 4,494 | 5,448 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | (76) | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 4,494 | 5,157 | 6,222 | 4,494 | 5,372 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Dividends Paid Per Share | 1.52 | 1.52 | 0.52 | 0.39 | 0.52 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.22 | 1.40 | 1.68 | 1.21 | 1.45 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.22 | 1.40 | 1.68 | 1.21 | 1.45 | | | Diluted EPS from Continuing Operations | 1.22 | 1.38 | 1.63 | 1.14 | 1.39 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.22 | 1.38 | 1.63 | 1.14 | 1.39 | | | |
