| Income Statement for Steven Madden Ltd. (SHOO) | | | | After Hours: $ 19.96 |  -0.05 (-0.25%) | 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 | 431,050 | 475,163 | 375,786 | 338,144 | 324,204 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (249,211) | (270,029) | (228,166) | (210,412) | (193,442) | | Gross Operating Profit | 181,839 | 205,134 | 147,620 | 127,732 | 130,762 | | | Selling/General/Admin Expense | (138,841) | (134,377) | (117,530) | (110,494) | (100,287) | | Research & Development | - | - | - | - | - | | EBITDA | 42,998 | 70,757 | 30,090 | 17,238 | 30,475 | | Depreciation & Amortization | (8,435) | (6,705) | (5,120) | (5,063) | (4,743) | | EBIT | 34,563 | 64,052 | 24,970 | 12,175 | 25,732 | | Interest Income | 3,876 | 3,703 | 2,554 | 2,009 | 1,611 | | Other Income, Net | 17,762 | 13,279 | 6,619 | 6,836 | 8,030 | | Total Income Avail For Interest Expense | 56,201 | 81,034 | 33,624 | 21,020 | 35,373 | | Interest Expense | (65) | (100) | (164) | (68) | (54) | | Pre-Tax Income | 56,136 | 80,934 | 33,460 | 20,952 | 35,319 | | Income Taxes | (20,446) | (34,684) | (14,260) | (8,679) | (14,865) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 35,690 | 46,250 | 19,200 | 12,275 | 20,454 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 35,690 | 46,250 | 19,200 | 12,275 | 20,454 | | | Normalized Income | 35,690 | 46,250 | 19,719 | 12,275 | 20,454 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (519) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 35,690 | 46,250 | 19,200 | 12,275 | 20,454 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 1.00 | 0.67 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.73 | 2.21 | 0.95 | 0.62 | 1.05 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.73 | 2.21 | 0.95 | 0.62 | 1.05 | | | Diluted EPS from Continuing Operations | 1.68 | 2.09 | 0.92 | 0.57 | 0.97 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.68 | 2.09 | 0.92 | 0.57 | 0.97 | | | |
