| Income Statement for Patrick Industries Inc. (PATK) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 435,203 | 347,629 | 323,400 | 301,554 | 274,682 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (378,996) | (301,480) | (280,848) | (260,733) | (236,602) | | Gross Operating Profit | 56,207 | 46,149 | 42,552 | 40,822 | 38,080 | | | Selling/General/Admin Expense | (49,223) | (35,909) | (34,304) | (34,208) | (31,359) | | Research & Development | - | - | - | - | - | | EBITDA | 6,984 | 10,240 | 8,248 | 6,614 | 6,721 | | Depreciation & Amortization | (6,748) | (4,086) | (4,412) | (4,942) | (5,897) | | EBIT | 236 | 6,154 | 3,836 | 1,672 | 824 | | Interest Income | - | - | - | - | - | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | (2,128) | 6,154 | 3,836 | 1,672 | 589 | | Interest Expense | (6,529) | (1,631) | (1,396) | (671) | (680) | | Pre-Tax Income | (8,657) | 4,523 | 2,440 | 1,001 | (91) | | Income Taxes | 2,814 | (1,894) | (1,016) | (400) | 35 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (5,843) | 2,629 | 1,424 | 601 | (55) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (5,843) | 2,629 | 1,424 | 601 | (55) | | | Normalized Income | (3,479) | 2,629 | 1,424 | 601 | 180 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (2,364) | - | - | - | (235) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (5,843) | 2,629 | 1,424 | 601 | (55) | | | 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 | 0.08 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -1.05 | 0.54 | 0.30 | 0.13 | -0.01 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -1.05 | 0.54 | 0.30 | 0.13 | -0.01 | | | Diluted EPS from Continuing Operations | -1.05 | 0.53 | 0.30 | 0.13 | -0.01 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -1.05 | 0.53 | 0.30 | 0.13 | -0.01 | | | |
