| Income Statement for Quality Distribution Inc. (QLTY) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 751,558 | 730,159 | 678,076 | 622,015 | 565,440 | | Adjustments to Revenue | 3,980 | 3,812 | 2,894 | 3,241 | 4,267 | | Cost of Revenue | (562,084) | (554,457) | (515,067) | (460,381) | (410,076) | | Gross Operating Profit | 185,494 | 171,890 | 160,115 | 158,393 | 151,097 | | | Selling/General/Admin Expense | (140,994) | (110,556) | (102,174) | (106,548) | (105,345) | | Research & Development | N/A | N/A | N/A | N/A | N/A | | EBITDA | 44,500 | 61,334 | 57,941 | 51,845 | 45,752 | | Depreciation & Amortization | (19,688) | (17,777) | (16,714) | (23,102) | (26,233) | | EBIT | 24,812 | 43,557 | 41,227 | 28,743 | 19,519 | | Interest Income | 818 | 1,567 | - | - | - | | Other Income, Net | (1,541) | 4,275 | (1,176) | (857) | 4,084 | | Total Income Avail For Interest Expense | 21,700 | 49,129 | 38,937 | 14,207 | 22,878 | | Interest Expense | (31,342) | (30,955) | (26,712) | (22,343) | (90,079) | | Pre-Tax Income | (9,642) | 18,174 | 12,225 | (8,136) | (67,201) | | Income Taxes | 2,079 | 36,033 | (352) | (2,421) | 99 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (7,563) | 54,207 | 11,873 | (10,557) | (67,102) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (7,563) | 54,207 | 11,873 | (10,557) | (67,102) | | | Normalized Income | (5,174) | 54,477 | 12,987 | 3,122 | (66,377) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (2,389) | (270) | (1,114) | (13,679) | (725) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (7,563) | 54,207 | 11,873 | (10,557) | (67,102) | | | 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 | - | - | - | 145 | 4,540 | | | Basic EPS from Continuing Operations | -0.39 | 2.87 | 0.63 | -0.57 | -12.51 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.39 | 2.87 | 0.63 | -0.57 | -12.51 | | | Diluted EPS from Continuing Operations | -0.39 | 2.77 | 0.62 | -0.57 | -12.51 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.39 | 2.77 | 0.62 | -0.57 | -12.51 | | | |
