| Income Statement for National Medical Health Card Systems Inc. (NMHC) | | | | | | | Income | in Thousands of Dollars | | | 06/2007 | 06/2006 | 06/2005 | 06/2004 | 06/2003 | | | Operating Revenue | 679,081 | 862,853 | 800,592 | 651,098 | 573,266 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (581,897) | (763,954) | (707,516) | (581,804) | (521,188) | | Gross Operating Profit | 97,184 | 98,899 | 93,076 | 69,294 | 52,078 | | | Selling/General/Admin Expense | (87,481) | (75,852) | (67,786) | (50,606) | (35,974) | | Research & Development | - | - | - | - | - | | EBITDA | 9,703 | 23,047 | 25,290 | 18,688 | 16,104 | | Depreciation & Amortization | (9,869) | (7,533) | (6,367) | (5,251) | (4,284) | | EBIT | (166) | 15,514 | 18,923 | 13,437 | 11,820 | | Interest Income | 1,912 | 1,462 | 311 | 594 | 252 | | Other Income, Net | 60 | 9 | 1,788 | 149 | 153 | | Total Income Avail For Interest Expense | 1,806 | 16,985 | 21,022 | 14,180 | 12,225 | | Interest Expense | (516) | (313) | (610) | (703) | (1,209) | | Pre-Tax Income | 1,290 | 16,672 | 20,412 | 13,477 | 11,016 | | Income Taxes | (1,198) | (7,015) | (8,031) | (5,524) | (4,602) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 92 | 9,657 | 12,381 | 7,953 | 6,414 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 92 | 9,657 | 12,381 | 7,953 | 6,414 | | | Normalized Income | 92 | 9,657 | 12,381 | 7,953 | 6,414 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 92 | 9,657 | 12,381 | 7,953 | 6,414 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 06/2007 | 06/2006 | 06/2005 | 06/2004 | 06/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | 5,600 | 6,075 | 5,600 | - | - | | | Basic EPS from Continuing Operations | -1.10 | 0.70 | 1.39 | -11.14 | 0.85 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -1.10 | 0.70 | 1.39 | -11.14 | 0.85 | | | Diluted EPS from Continuing Operations | -1.10 | 0.67 | 1.03 | -11.14 | 0.80 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -1.10 | 0.67 | 1.03 | -11.14 | 0.80 | | | |
