| Income Statement for TeamStaff Inc. (TSTF) | | | | | | | Income | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Operating Revenue | 66,882 | 74,968 | 55,804 | 37,288 | 62,805 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (55,852) | (62,457) | (43,652) | (28,545) | (50,615) | | Gross Operating Profit | 11,030 | 12,511 | 12,152 | 8,743 | 12,190 | | | Selling/General/Admin Expense | (12,714) | (14,037) | (14,330) | (11,371) | (14,766) | | Research & Development | - | - | - | - | - | | EBITDA | (1,684) | (1,526) | (2,178) | (2,628) | (2,576) | | Depreciation & Amortization | (349) | (381) | (561) | (409) | (329) | | EBIT | (2,033) | (1,907) | (2,739) | (3,037) | (2,905) | | Interest Income | 74 | 76 | 48 | 38 | 588 | | Other Income, Net | 145 | 160 | 180 | 232 | 13 | | Total Income Avail For Interest Expense | (3,300) | (1,671) | (2,511) | (2,767) | (2,304) | | Interest Expense | (197) | (539) | (222) | (81) | (220) | | Pre-Tax Income | (3,497) | (2,210) | (2,733) | (2,848) | (2,524) | | Income Taxes | 123 | (16,017) | 1,039 | 1,083 | 930 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (3,374) | (18,227) | (1,694) | (1,765) | (1,594) | | Net Income from Discontinued Operations | (4,693) | 4,980 | (795) | (2,314) | (27,291) | | Net Income from Total Operations | (8,067) | (13,247) | (2,489) | (4,079) | (28,885) | | | Normalized Income | (1,888) | (18,227) | (1,694) | (1,765) | (1,594) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (1,486) | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (8,067) | (13,247) | (2,489) | (4,079) | (28,885) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.68 | -3.80 | -0.36 | -0.44 | -0.40 | | Basic EPS from Discontinued Operations | -0.28 | 1.04 | -0.20 | -0.60 | -6.96 | | Basic EPS from Total Operations | -0.96 | -2.76 | -0.56 | -1.04 | -7.36 | | | Diluted EPS from Continuing Operations | -0.68 | -3.80 | -0.36 | -0.44 | -0.40 | | Diluted EPS from Discontinued Operations | -0.28 | 1.04 | -0.20 | -0.60 | -6.96 | | Diluted EPS from Total Operations | -0.96 | -2.76 | -0.56 | -1.04 | -7.36 | | | |
