| Income Statement for Open Text Corp. (OTEX) | | | | | | | Income | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Operating Revenue | 725,532 | 595,664 | 409,562 | 414,828 | 291,058 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (189,996) | (164,541) | (122,288) | (125,993) | (78,402) | | Gross Operating Profit | 535,536 | 431,123 | 287,274 | 288,835 | 212,656 | | | Selling/General/Admin Expense | (244,170) | (212,783) | (149,755) | (160,663) | (110,157) | | Research & Development | (105,894) | (79,063) | (59,184) | (65,139) | (43,616) | | EBITDA | 185,472 | 139,277 | 78,335 | 63,033 | 58,883 | | Depreciation & Amortization | (85,511) | (75,443) | (39,202) | (35,449) | (18,409) | | EBIT | 99,961 | 63,834 | 39,133 | 27,584 | 40,474 | | Interest Income | - | - | 1,487 | 1,377 | 1,355 | | Other Income, Net | (1,023) | 1,742 | (4,788) | (3,116) | 217 | | Total Income Avail For Interest Expense | 99,356 | 52,668 | 9,650 | 27,569 | 32,041 | | Interest Expense | (22,859) | (20,282) | - | - | (145) | | Pre-Tax Income | 76,497 | 32,386 | 9,650 | 27,569 | 31,896 | | Income Taxes | (22,993) | (10,334) | (4,093) | (6,958) | (7,270) | | Minority Interest | (498) | (392) | (579) | (252) | (1,328) | | Net Income from Continuing Operations | 53,006 | 21,660 | 4,978 | 20,359 | 23,298 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 53,006 | 21,660 | 4,978 | 20,359 | 23,298 | | | Normalized Income | 52,588 | 34,568 | 31,160 | 18,635 | 33,303 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | 418 | (12,908) | (26,182) | 1,724 | (10,005) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 53,006 | 21,660 | 4,978 | 20,359 | 23,298 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.04 | 0.44 | 0.10 | 0.41 | 0.53 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.04 | 0.44 | 0.10 | 0.41 | 0.53 | | | Diluted EPS from Continuing Operations | 1.01 | 0.43 | 0.10 | 0.39 | 0.49 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.01 | 0.43 | 0.10 | 0.39 | 0.49 | | | |
