| Income Statement for Xyratex Ltd. (XRTX) | | | | | | | Income | in Thousands of Dollars | | | 11/2007 | 11/2006 | 11/2005 | 11/2004 | 11/2003 | | | Operating Revenue | 931,633 | 983,633 | 679,609 | 459,014 | 333,769 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (748,899) | (776,242) | (528,621) | (359,049) | (255,741) | | Gross Operating Profit | 182,734 | 207,391 | 150,988 | 99,965 | 78,028 | | | Selling/General/Admin Expense | (61,977) | (60,449) | (38,842) | (164,368) | (76,569) | | Research & Development | (77,559) | (71,391) | (54,327) | (55,388) | (32,225) | | EBITDA | 43,198 | 75,551 | 57,819 | (119,791) | (30,766) | | Depreciation & Amortization | (20,987) | (15,228) | (9,912) | (6,505) | (4,969) | | EBIT | 22,211 | 60,323 | 47,907 | (126,296) | (35,735) | | Interest Income | 3,586 | 1,773 | 1,176 | 1,052 | - | | Other Income, Net | 890 | 3,167 | - | (2,388) | (11,625) | | Total Income Avail For Interest Expense | 26,687 | 65,263 | 45,853 | (128,484) | (47,360) | | Interest Expense | (303) | (611) | - | - | (209) | | Pre-Tax Income | 26,384 | 64,652 | 45,853 | (128,484) | (47,569) | | Income Taxes | 1,725 | (6,474) | (3,964) | 6,239 | 11,754 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 28,109 | 58,178 | 41,889 | (122,245) | (35,815) | | Net Income from Discontinued Operations | - | - | 280 | (12,924) | (20,379) | | Net Income from Total Operations | 28,109 | 58,178 | 42,169 | (135,169) | (56,194) | | | Normalized Income | 28,109 | 58,178 | 45,119 | (121,393) | (35,815) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (3,230) | (852) | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 28,109 | 58,178 | 42,169 | (135,169) | (56,194) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 11/2007 | 11/2006 | 11/2005 | 11/2004 | 11/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.97 | 2.03 | 1.48 | -6.72 | -9.60 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.01 | -0.71 | -5.46 | | Basic EPS from Total Operations | 0.97 | 2.03 | 1.49 | -7.43 | -15.06 | | | Diluted EPS from Continuing Operations | 0.94 | 1.97 | 1.44 | -6.72 | -9.60 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.01 | -0.71 | -5.46 | | Diluted EPS from Total Operations | 0.94 | 1.97 | 1.45 | -7.43 | -15.06 | | | |
