| Income Statement for Tessera Technologies Inc. (TSRA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 195,688 | 208,726 | 94,700 | 72,736 | 37,321 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (4,098) | (12,110) | (11,661) | (8,651) | (5,839) | | Gross Operating Profit | 191,590 | 196,616 | 83,039 | 64,085 | 31,482 | | | Selling/General/Admin Expense | (74,314) | (70,309) | (28,801) | (20,375) | (12,140) | | Research & Development | (37,526) | (20,063) | (7,013) | (7,107) | (7,661) | | EBITDA | 79,750 | 106,244 | 47,225 | 36,603 | 11,681 | | Depreciation & Amortization | (13,610) | (7,249) | (1,652) | (962) | (895) | | EBIT | 66,140 | 98,995 | 45,573 | 35,641 | 10,786 | | Interest Income | 11,941 | - | - | - | 1 | | Other Income, Net | - | 6,499 | 3,555 | 828 | 194 | | Total Income Avail For Interest Expense | 78,081 | 105,494 | 49,128 | 36,469 | 10,981 | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | 78,081 | 105,494 | 49,128 | 36,469 | 10,981 | | Income Taxes | (32,943) | (44,143) | (17,679) | 22,594 | (1,626) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 45,138 | 61,351 | 31,449 | 59,063 | 9,355 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 45,138 | 61,351 | 31,449 | 59,063 | 9,355 | | | Normalized Income | 45,138 | 61,351 | 31,449 | 59,063 | 9,355 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 45,138 | 61,351 | 31,449 | 59,063 | 9,355 | | | 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 | - | - | - | - | 6,187 | | | Basic EPS from Continuing Operations | 0.95 | 1.33 | 0.71 | 1.47 | -0.28 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.95 | 1.33 | 0.71 | 1.47 | -0.28 | | | Diluted EPS from Continuing Operations | 0.93 | 1.27 | 0.66 | 1.27 | -0.22 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.93 | 1.27 | 0.66 | 1.27 | -0.22 | | | |
