| Income Statement for Radware Ltd. (RDWR) | | | | After Hours: $ 9.69 |  -0.01 (-0.10%) | Volume: 1.26 k | 4:20 PM EDT Aug 28, 2008 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 88,631 | 81,410 | 77,584 | 68,439 | 54,780 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (17,457) | (12,357) | (13,392) | (10,437) | (8,033) | | Gross Operating Profit | 71,174 | 69,053 | 64,192 | 58,002 | 46,747 | | | Selling/General/Admin Expense | (65,091) | (56,306) | (45,246) | (36,391) | (33,873) | | Research & Development | (23,515) | (17,659) | (13,017) | (10,342) | (8,398) | | EBITDA | (17,432) | (4,912) | 5,929 | 11,269 | 4,476 | | Depreciation & Amortization | (1,571) | (3,434) | (1,504) | (1,747) | (1,821) | | EBIT | (19,003) | (8,346) | 4,425 | 9,522 | 2,655 | | Interest Income | 7,556 | 7,560 | 5,159 | 4,565 | 3,740 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | (11,447) | (786) | 9,584 | 14,087 | 6,395 | | Interest Expense | (136) | (138) | - | - | - | | Pre-Tax Income | (11,583) | (924) | 9,584 | 14,087 | 6,395 | | Income Taxes | (428) | (356) | (240) | (341) | - | | Minority Interest | - | - | - | 34 | (40) | | Net Income from Continuing Operations | (12,011) | (1,280) | 9,344 | 13,780 | 6,355 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (12,011) | (1,280) | 9,344 | 13,780 | 6,355 | | | Normalized Income | (12,011) | (1,280) | 9,344 | 13,780 | 6,355 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (12,011) | (1,280) | 9,344 | 13,780 | 6,355 | | | 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 | -0.62 | -0.07 | 0.50 | 0.77 | 0.37 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.62 | -0.07 | 0.50 | 0.77 | 0.37 | | | Diluted EPS from Continuing Operations | -0.62 | -0.07 | 0.47 | 0.70 | 0.34 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.62 | -0.07 | 0.47 | 0.70 | 0.34 | | | |
