| Income Statement for Zebra Technologies Corp. (ZBRA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 868,279 | 759,524 | 702,271 | 663,054 | 536,397 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (435,387) | (388,670) | (337,327) | (310,209) | (253,380) | | Gross Operating Profit | 432,892 | 370,854 | 364,944 | 352,845 | 283,017 | | | Selling/General/Admin Expense | (203,352) | (159,444) | (149,617) | (126,159) | (108,527) | | Research & Development | (57,600) | (48,959) | (46,000) | (37,093) | (31,759) | | EBITDA | 171,940 | 162,451 | 169,327 | 189,593 | 142,731 | | Depreciation & Amortization | (26,902) | (16,087) | (13,104) | (12,255) | (11,580) | | EBIT | 145,038 | 146,364 | 156,223 | 177,338 | 131,151 | | Interest Income | - | - | - | - | - | | Other Income, Net | 24,234 | 21,465 | 14,333 | 9,422 | 6,928 | | Total Income Avail For Interest Expense | 167,419 | 101,894 | 168,544 | 184,592 | 136,146 | | Interest Expense | (44) | (252) | (79) | (44) | (154) | | Pre-Tax Income | 167,375 | 101,642 | 168,465 | 184,548 | 135,992 | | Income Taxes | (57,262) | (32,015) | (56,862) | (63,905) | (44,296) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 110,113 | 69,627 | 111,603 | 120,643 | 91,696 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 110,113 | 69,627 | 111,603 | 120,643 | 91,696 | | | Normalized Income | 111,966 | 135,562 | 113,615 | 122,811 | 93,629 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (1,853) | (65,935) | (2,012) | (2,168) | (1,933) | | Income from Cum. Effect of Acct Change | - | 1,319 | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 110,113 | 70,946 | 111,603 | 120,643 | 91,696 | | | 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 | 1.61 | 0.99 | 1.56 | 1.69 | 1.30 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.61 | 0.99 | 1.56 | 1.69 | 1.30 | | | Diluted EPS from Continuing Operations | 1.60 | 0.98 | 1.55 | 1.66 | 1.28 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.60 | 0.98 | 1.55 | 1.66 | 1.28 | | | |
