| Income Statement for Tasty Baking Company (TSTY) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 169,918 | 167,715 | 172,273 | 159,061 | 159,129 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (107,903) | (103,495) | (111,690) | (103,693) | (108,444) | | Gross Operating Profit | 62,015 | 64,220 | 60,583 | 55,368 | 50,685 | | | Selling/General/Admin Expense | (48,285) | (52,290) | (50,990) | (45,751) | (48,394) | | Research & Development | - | - | - | - | - | | EBITDA | 13,730 | 11,930 | 9,593 | 9,617 | 2,291 | | Depreciation & Amortization | (10,395) | (6,566) | (6,503) | (7,711) | (7,148) | | EBIT | 3,335 | 5,364 | 3,090 | 1,906 | (4,857) | | Interest Income | 900 | 863 | 794 | - | - | | Other Income, Net | - | 225 | 225 | 1,204 | 1,950 | | Total Income Avail For Interest Expense | 4,235 | 8,052 | 4,038 | 3,101 | (2,836) | | Interest Expense | (1,410) | (1,480) | (1,370) | (1,254) | (909) | | Pre-Tax Income | 2,825 | 6,572 | 2,668 | 1,847 | (3,745) | | Income Taxes | (697) | (2,376) | (825) | (604) | 1,383 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 2,128 | 4,196 | 1,843 | 1,243 | (2,362) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 2,128 | 4,196 | 1,843 | 1,243 | (2,362) | | | Normalized Income | 2,128 | 2,596 | 1,914 | 1,252 | (2,433) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | 1,600 | (71) | (9) | 71 | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 2,128 | 4,196 | 1,843 | 1,243 | (2,362) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.26 | 0.52 | 0.23 | 0.15 | -0.29 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.26 | 0.52 | 0.23 | 0.15 | -0.29 | | | Diluted EPS from Continuing Operations | 0.26 | 0.51 | 0.23 | 0.15 | -0.29 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.26 | 0.51 | 0.23 | 0.15 | -0.29 | | | |
