| Income Statement for Lakeland Industries Inc. (LAKE) | | | | | | | Income | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Operating Revenue | 95,740 | 100,171 | 98,740 | 95,320 | 89,717 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (72,196) | (74,847) | (73,824) | (74,040) | (70,938) | | Gross Operating Profit | 23,544 | 25,324 | 24,916 | 21,280 | 18,780 | | | Selling/General/Admin Expense | (17,374) | (17,554) | (14,420) | (12,742) | (11,938) | | Research & Development | - | - | - | - | - | | EBITDA | 6,170 | 7,770 | 10,496 | 8,538 | 6,841 | | Depreciation & Amortization | (1,187) | (1,048) | (994) | (884) | (803) | | EBIT | 4,983 | 6,722 | 9,502 | 7,654 | 6,038 | | Interest Income | 67 | 20 | 49 | 18 | 19 | | Other Income, Net | 145 | 191 | 384 | 98 | 24 | | Total Income Avail For Interest Expense | 5,195 | 7,286 | 9,935 | 7,771 | 5,832 | | Interest Expense | (330) | (356) | (167) | (208) | (535) | | Pre-Tax Income | 4,865 | 6,930 | 9,768 | 7,563 | 5,297 | | Income Taxes | (1,574) | (1,826) | (3,439) | (2,053) | (1,659) | | Minority Interest | - | - | - | (494) | - | | Net Income from Continuing Operations | 3,291 | 5,104 | 6,329 | 5,016 | 3,638 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 3,291 | 5,104 | 6,329 | 5,016 | 3,638 | | | Normalized Income | 3,291 | 4,751 | 6,329 | 5,016 | 3,887 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | 353 | - | - | (249) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 3,291 | 5,104 | 6,329 | 5,016 | 3,638 | | | 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 | 0.60 | 0.92 | 1.15 | 1.02 | 0.92 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.60 | 0.92 | 1.15 | 1.02 | 0.92 | | | Diluted EPS from Continuing Operations | 0.59 | 0.92 | 1.15 | 1.02 | 0.92 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.59 | 0.92 | 1.15 | 1.02 | 0.92 | | | |
