| Income Statement for Vitesse Semiconductor Corp. (VTSS) | | | | | | | Income | in Thousands of Dollars | | | 09/2005 | 09/2004 | 09/2003 | 09/2002 | 09/2001 | | | Operating Revenue | 190,778 | 218,775 | 156,371 | 162,357 | 384,143 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (58,954) | (28,872) | (16,404) | (58,531) | (132,902) | | Gross Operating Profit | 131,824 | 189,903 | 139,967 | 103,826 | 251,241 | | | Selling/General/Admin Expense | (50,654) | (52,473) | (54,020) | (69,505) | (86,665) | | Research & Development | (101,443) | (108,533) | (110,145) | (170,255) | (155,786) | | EBITDA | (20,273) | 28,897 | (24,198) | (135,934) | 8,790 | | Depreciation & Amortization | (41,534) | (58,750) | (61,810) | (70,036) | (156,396) | | EBIT | (61,807) | (29,853) | (86,008) | (205,970) | (147,606) | | Interest Income | 1,212 | 2,439 | 4,580 | 16,731 | 48,651 | | Other Income, Net | (1,672) | 6,904 | 14,533 | (4,678) | (1,799) | | Total Income Avail For Interest Expense | (123,295) | (25,096) | (123,925) | (809,414) | (127,366) | | Interest Expense | (3,516) | (8,517) | (7,194) | (14,305) | (31,696) | | Pre-Tax Income | (126,811) | (33,613) | (131,119) | (823,719) | (159,062) | | Income Taxes | (68) | 548 | (60) | (126,074) | 28,220 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (126,879) | (33,065) | (131,179) | (949,793) | (130,842) | | Net Income from Discontinued Operations | - | - | (36,010) | - | - | | Net Income from Total Operations | (126,879) | (33,065) | (167,189) | (949,793) | (130,842) | | | Normalized Income | (65,851) | (28,479) | (74,149) | (334,296) | (104,230) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (61,028) | (4,586) | (57,030) | (615,497) | (26,612) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | 66,267 | 18,967 | | Total Net Income | (126,879) | (33,065) | (167,189) | (883,526) | (111,875) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 09/2005 | 09/2004 | 09/2003 | 09/2002 | 09/2001 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.59 | -0.15 | -0.64 | -4.78 | -0.94 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | -0.18 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.59 | -0.15 | -0.82 | -4.78 | -0.94 | | | Diluted EPS from Continuing Operations | -0.59 | -0.15 | -0.64 | -4.78 | -0.94 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | -0.18 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.59 | -0.15 | -0.82 | -4.78 | -0.94 | | | |
