| Income Statement for United Online Inc. (UNTD) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 513,503 | 522,654 | 525,061 | 448,617 | 185,738 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (97,053) | (98,759) | (95,191) | (93,644) | (46,987) | | Gross Operating Profit | 416,450 | 423,895 | 429,870 | 354,973 | 138,751 | | | Selling/General/Admin Expense | (236,736) | (244,728) | (266,021) | (218,875) | (84,548) | | Research & Development | (51,044) | (52,933) | (40,009) | (27,454) | (10,488) | | EBITDA | 128,670 | 126,234 | 123,840 | 108,644 | 43,715 | | Depreciation & Amortization | (32,950) | (38,930) | (37,280) | (29,151) | (11,076) | | EBIT | 95,720 | 87,304 | 86,560 | 79,493 | 32,639 | | Interest Income | 7,555 | 6,076 | 6,885 | 3,936 | 2,407 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | 99,856 | 80,095 | 93,445 | 83,429 | 35,046 | | Interest Expense | (1,164) | (2,571) | (6,073) | - | - | | Pre-Tax Income | 98,692 | 77,524 | 87,372 | 83,429 | 35,046 | | Income Taxes | (40,915) | (36,293) | (40,245) | 34,051 | (1,719) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 57,777 | 41,231 | 47,127 | 117,480 | 33,327 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 57,777 | 41,231 | 47,127 | 117,480 | 33,327 | | | Normalized Income | 61,196 | 54,516 | 47,127 | 117,480 | 33,327 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (3,419) | (13,285) | - | - | - | | Income from Cum. Effect of Acct Change | - | 1,041 | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 57,777 | 42,272 | 47,127 | 117,480 | 33,327 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.80 | 0.80 | 0.60 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.87 | 0.64 | 0.77 | 1.91 | 0.52 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.87 | 0.64 | 0.77 | 1.91 | 0.52 | | | Diluted EPS from Continuing Operations | 0.83 | 0.62 | 0.74 | 1.81 | 0.48 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.83 | 0.62 | 0.74 | 1.81 | 0.48 | | | |
