| Income Statement for Palomar Medical Technologies Inc. (PMTI) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 123,819 | 126,544 | 76,154 | 54,432 | 34,773 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (38,008) | (38,616) | (22,561) | (16,832) | (13,164) | | Gross Operating Profit | 85,811 | 87,929 | 53,593 | 37,600 | 21,609 | | | Selling/General/Admin Expense | (42,381) | (30,112) | (23,697) | (17,259) | (12,739) | | Research & Development | (16,673) | (14,056) | (12,782) | (10,296) | (6,058) | | EBITDA | 26,757 | 43,761 | 17,113 | 10,045 | 2,813 | | Depreciation & Amortization | (586) | (474) | (359) | (303) | (204) | | EBIT | 26,171 | 43,287 | 16,754 | 9,742 | 2,609 | | Interest Income | 6,399 | 4,719 | 1,155 | 256 | 74 | | Other Income, Net | 513 | - | 18 | (214) | 58 | | Total Income Avail For Interest Expense | 33,083 | 48,006 | 17,926 | 9,784 | 2,741 | | Interest Expense | - | - | - | (6) | (28) | | Pre-Tax Income | 33,083 | 48,006 | 17,926 | 9,778 | 2,713 | | Income Taxes | (12,576) | 4,971 | (473) | 856 | 657 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 20,508 | 52,977 | 17,453 | 10,633 | 3,369 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 20,508 | 52,977 | 17,453 | 10,633 | 3,369 | | | Normalized Income | 20,508 | 52,977 | 17,453 | 10,633 | 3,369 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 20,508 | 52,977 | 17,453 | 10,633 | 3,369 | | | 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 | 1.12 | 3.02 | 1.04 | 0.68 | 0.25 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.12 | 3.02 | 1.04 | 0.68 | 0.25 | | | Diluted EPS from Continuing Operations | 1.07 | 2.62 | 0.91 | 0.60 | 0.21 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.07 | 2.62 | 0.91 | 0.60 | 0.21 | | | |
