| Income Statement for ViaSat Inc. (VSAT) | | | | | | | Income | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Operating Revenue | 574,650 | 516,566 | 433,823 | 345,939 | 278,579 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (395,041) | (362,739) | (310,181) | (248,777) | (193,439) | | Gross Operating Profit | 179,609 | 153,827 | 123,642 | 97,162 | 85,140 | | | Selling/General/Admin Expense | (76,365) | (69,896) | (57,059) | (48,631) | (38,800) | | Research & Development | (32,273) | (21,631) | (15,757) | (8,082) | (9,960) | | EBITDA | 70,971 | 62,300 | 50,826 | 40,449 | 36,380 | | Depreciation & Amortization | (28,041) | (26,855) | (21,896) | (20,125) | (20,729) | | EBIT | 42,930 | 35,445 | 28,930 | 20,324 | 15,651 | | Interest Income | 5,712 | 2,189 | 248 | 445 | 11 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | 48,642 | 37,634 | 29,178 | 20,769 | 15,662 | | Interest Expense | (557) | (448) | (448) | (141) | (357) | | Pre-Tax Income | 48,085 | 37,186 | 28,730 | 20,628 | 15,305 | | Income Taxes | (13,521) | (6,755) | (5,105) | (1,246) | (1,931) | | Minority Interest | (1,051) | (265) | (110) | (115) | (206) | | Net Income from Continuing Operations | 33,513 | 30,166 | 23,515 | 19,267 | 13,168 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 33,513 | 30,166 | 23,515 | 19,267 | 13,168 | | | Normalized Income | 33,513 | 30,166 | 23,515 | 19,267 | 13,168 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 33,513 | 30,166 | 23,515 | 19,267 | 13,168 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.11 | 1.06 | 0.87 | 0.72 | 0.50 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.11 | 1.06 | 0.87 | 0.72 | 0.50 | | | Diluted EPS from Continuing Operations | 1.04 | 0.98 | 0.81 | 0.68 | 0.48 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.04 | 0.98 | 0.81 | 0.68 | 0.48 | | | |
