| Income Statement for Manhattan Associates Inc. (MANH) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 337,401 | 288,868 | 246,404 | 214,919 | 196,814 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (147,360) | (123,738) | (93,673) | (82,802) | (70,981) | | Gross Operating Profit | 190,041 | 165,130 | 152,731 | 132,117 | 125,833 | | | Selling/General/Admin Expense | (86,772) | (77,887) | (69,932) | (61,095) | (54,911) | | Research & Development | (46,594) | (41,468) | (34,139) | (28,822) | (27,358) | | EBITDA | 56,675 | 45,775 | 48,660 | 42,200 | 43,564 | | Depreciation & Amortization | (13,617) | (13,247) | (12,074) | (10,782) | (11,262) | | EBIT | 43,058 | 32,528 | 36,586 | 31,418 | 32,302 | | Interest Income | 3,390 | 3,454 | 3,830 | 2,383 | 1,503 | | Other Income, Net | 1,218 | 195 | (1,119) | 900 | 1,256 | | Total Income Avail For Interest Expense | 47,666 | 34,404 | 32,987 | 34,701 | 33,283 | | Interest Expense | - | (11) | (34) | (26) | (13) | | Pre-Tax Income | 47,666 | 34,393 | 32,953 | 34,675 | 33,270 | | Income Taxes | (16,915) | (15,062) | (14,319) | (12,566) | (11,425) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 30,751 | 19,331 | 18,635 | 22,109 | 21,845 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 30,751 | 19,331 | 18,635 | 22,109 | 21,845 | | | Normalized Income | 30,751 | 21,104 | 24,945 | 22,109 | 23,623 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (1,773) | (6,310) | - | (1,778) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 30,751 | 19,331 | 18,635 | 22,109 | 21,845 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.17 | 0.71 | 0.65 | 0.74 | 0.74 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.17 | 0.71 | 0.65 | 0.74 | 0.74 | | | Diluted EPS from Continuing Operations | 1.13 | 0.69 | 0.64 | 0.71 | 0.71 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.13 | 0.69 | 0.64 | 0.71 | 0.71 | | | |
