| Income Statement for Websense Inc. (WBSN) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 211,665 | 178,814 | 148,636 | 111,859 | 81,734 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (1,746) | (11,868) | (8,011) | (5,492) | (3,507) | | Gross Operating Profit | 209,919 | 166,946 | 140,625 | 106,367 | 78,227 | | | Selling/General/Admin Expense | (159,056) | (101,414) | (67,017) | (50,825) | (38,494) | | Research & Development | (39,681) | (22,663) | (16,277) | (14,509) | (12,843) | | EBITDA | 11,182 | 42,869 | 57,331 | 41,033 | 26,890 | | Depreciation & Amortization | (27,334) | (3,406) | (2,631) | (2,277) | (2,099) | | EBIT | (16,152) | 39,463 | 54,700 | 38,756 | 24,791 | | Interest Income | - | - | - | - | - | | Other Income, Net | 9,492 | 11,287 | 5,411 | 2,226 | 2,292 | | Total Income Avail For Interest Expense | (7,930) | 50,750 | 60,111 | 40,982 | 27,083 | | Interest Expense | (4,308) | - | - | - | - | | Pre-Tax Income | (12,238) | 50,750 | 60,111 | 40,982 | 27,083 | | Income Taxes | (2,327) | (18,657) | (21,343) | (14,806) | (10,395) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (14,565) | 32,093 | 38,768 | 26,176 | 16,688 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (14,565) | 32,093 | 38,768 | 26,176 | 16,688 | | | Normalized Income | (13,295) | 32,093 | 38,768 | 26,176 | 16,688 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (1,270) | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (14,565) | 32,093 | 38,768 | 26,176 | 16,688 | | | 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 | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.32 | 0.69 | 0.82 | 0.57 | 0.38 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.32 | 0.69 | 0.82 | 0.57 | 0.38 | | | Diluted EPS from Continuing Operations | -0.32 | 0.68 | 0.79 | 0.55 | 0.37 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.32 | 0.68 | 0.79 | 0.55 | 0.37 | | | |
