| Income Statement for McGrath RentCorp (MGRC) | | | | After Hours: $ 19.07 |  0.07 (+0.37%) | Volume: 100 | 4:07 PM EDT Oct 10, 2008 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 280,409 | 267,066 | 272,180 | 202,520 | 130,971 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (95,851) | (97,779) | (112,308) | (80,238) | (52,945) | | Gross Operating Profit | 184,558 | 169,287 | 159,872 | 122,282 | 78,026 | | | Selling/General/Admin Expense | (50,026) | (45,499) | (39,819) | (33,705) | (22,626) | | Research & Development | - | - | - | - | - | | EBITDA | 134,532 | 123,788 | 120,053 | 88,577 | 55,400 | | Depreciation & Amortization | (54,002) | (47,461) | (46,433) | (34,501) | (14,692) | | EBIT | 80,530 | 76,327 | 73,620 | 54,076 | 40,708 | | Interest Income | - | - | - | - | - | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | 80,530 | 76,327 | 73,620 | 54,076 | 40,708 | | Interest Expense | (10,719) | (10,760) | (7,890) | (5,188) | (2,668) | | Pre-Tax Income | 69,811 | 65,567 | 65,730 | 48,888 | 38,040 | | Income Taxes | (27,337) | (24,209) | (24,649) | (18,843) | (15,178) | | Minority Interest | (64) | (280) | (262) | (48) | (170) | | Net Income from Continuing Operations | 42,410 | 41,078 | 40,819 | 29,997 | 22,692 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 42,410 | 41,078 | 40,819 | 29,997 | 22,692 | | | Normalized Income | 42,410 | 41,078 | 40,819 | 29,997 | 22,692 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 42,410 | 41,078 | 40,819 | 29,997 | 22,692 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.70 | 0.62 | 0.53 | 0.43 | 0.39 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.68 | 1.65 | 1.65 | 1.23 | 0.94 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.68 | 1.65 | 1.65 | 1.23 | 0.94 | | | Diluted EPS from Continuing Operations | 1.67 | 1.63 | 1.61 | 1.21 | 0.93 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.67 | 1.63 | 1.61 | 1.21 | 0.93 | | | |
