| Income Statement for LCAVision Inc. (LCAV) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 292,635 | 256,927 | 192,397 | 127,122 | 81,423 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (146,735) | (122,366) | (90,003) | (65,117) | (47,286) | | Gross Operating Profit | 145,900 | 134,561 | 102,394 | 62,005 | 34,137 | | | Selling/General/Admin Expense | (22,657) | (69,127) | (14,021) | (10,292) | (20,609) | | Research & Development | - | - | - | - | - | | EBITDA | 56,774 | 65,434 | 56,560 | 31,245 | 13,528 | | Depreciation & Amortization | (11,209) | (8,453) | (7,636) | (7,045) | (6,377) | | EBIT | 45,565 | 56,981 | 48,924 | 24,200 | 7,151 | | Interest Income | 5,953 | 6,182 | 4,033 | 2,161 | 540 | | Other Income, Net | (607) | (27) | 20 | 238 | 242 | | Total Income Avail For Interest Expense | 51,725 | 63,882 | 53,305 | 26,968 | 8,250 | | Interest Expense | - | - | (104) | (24) | (18) | | Pre-Tax Income | 51,725 | 63,882 | 53,201 | 26,944 | 8,232 | | Income Taxes | (19,221) | (25,586) | (21,131) | 5,629 | (591) | | Minority Interest | - | - | (417) | (544) | (372) | | Net Income from Continuing Operations | 32,504 | 38,296 | 31,653 | 32,029 | 7,269 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 32,504 | 38,296 | 31,653 | 32,029 | 7,269 | | | Normalized Income | 32,504 | 38,296 | 31,653 | 32,029 | 7,269 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 32,504 | 38,296 | 31,653 | 32,029 | 7,269 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.72 | 0.54 | 0.36 | 0.11 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.66 | 1.85 | 1.54 | 1.59 | 0.45 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.66 | 1.85 | 1.54 | 1.59 | 0.45 | | | Diluted EPS from Continuing Operations | 1.64 | 1.80 | 1.47 | 1.54 | 0.44 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.64 | 1.80 | 1.47 | 1.54 | 0.44 | | | |
