| Income Statement for Q.E.P. Co. Inc. (QEPC) | | | | | | | Income | in Thousands of Dollars | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Operating Revenue | 217,505 | 216,006 | 212,314 | 173,625 | 143,273 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (152,595) | (153,758) | (146,412) | (116,780) | (91,203) | | Gross Operating Profit | 64,910 | 62,248 | 65,902 | 56,845 | 52,069 | | | Selling/General/Admin Expense | (54,254) | (55,513) | (59,972) | (49,131) | (40,267) | | Research & Development | - | - | - | - | - | | EBITDA | 10,656 | 6,735 | 5,930 | 7,714 | 11,802 | | Depreciation & Amortization | (2,089) | (2,568) | (3,906) | (3,258) | (2,861) | | EBIT | 8,567 | 4,167 | 2,024 | 4,456 | 8,941 | | Interest Income | - | - | 9 | 10 | 1 | | Other Income, Net | (321) | 1,480 | 150 | 917 | (1,488) | | Total Income Avail For Interest Expense | 8,246 | (1,873) | 2,183 | 5,383 | 7,453 | | Interest Expense | (2,538) | (2,977) | (2,507) | (1,547) | (1,586) | | Pre-Tax Income | 5,708 | (4,850) | (324) | 3,836 | 5,867 | | Income Taxes | (3,512) | (723) | (922) | 119 | (2,379) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 2,196 | (5,573) | (1,246) | 3,955 | 3,488 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 2,196 | (5,573) | (1,246) | 3,955 | 3,488 | | | Normalized Income | 2,196 | 1,947 | (1,246) | 3,955 | 3,488 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (7,520) | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 2,196 | (5,573) | (1,246) | 3,955 | 3,488 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.63 | -1.64 | -0.37 | 1.14 | 1.02 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.63 | -1.64 | -0.37 | 1.14 | 1.02 | | | Diluted EPS from Continuing Operations | 0.61 | -1.64 | -0.37 | 1.06 | 0.99 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.61 | -1.64 | -0.37 | 1.06 | 0.99 | | | |
