EXHIBIT 99.3
ITEM 6. | SELECTED FINANCIAL DATA |
Years Ended December 31, | ||||||||||||||||||||
2006 | 2005 | 2004 | 2003 | 2002 | ||||||||||||||||
(in thousands) | ||||||||||||||||||||
Statement of Operations Data: | ||||||||||||||||||||
Revenue | $ | 976,037 | $ | 826,716 | $ | 734,059 | $ | 643,006 | $ | 604,180 | ||||||||||
Cost of services | 719,214 | 620,769 | 549,030 | 468,008 | 468,333 | |||||||||||||||
Gross profit | 256,823 | 205,947 | 185,029 | 174,998 | 135,847 | |||||||||||||||
General and administrative expenses | 153,592 | 105,997 | 94,869 | 79,574 | 68,711 | |||||||||||||||
Amortization of intangibles | 5,311 | 2,544 | 1,908 | 2,273 | 2,158 | |||||||||||||||
Loss on impairment of goodwill and long-lived assets | — | — | 1,150 | — | — | |||||||||||||||
Gain on sale of assets | — | — | — | — | — | |||||||||||||||
Unusual charges (gains) | — | — | — | — | 206 | |||||||||||||||
Operating income | 97,920 | 97,406 | 87,102 | 93,151 | 64,772 | |||||||||||||||
Interest expense, net | 47,390 | 40,654 | 41,787 | 39,497 | 43,917 | |||||||||||||||
(Gain) loss on change in fair value of economic hedges (1) | (60 | ) | (87 | ) | — | (9,869 | ) | 7,589 | ||||||||||||
Loss on early retirement of debt | — | 6,029 | 14,105 | 7,837 | 7,894 | |||||||||||||||
Other, net | 4,039 | 3,149 | 2,938 | 2,728 | 926 | |||||||||||||||
Income (loss) before taxes | 46,551 | 47,661 | 28,272 | 52,958 | 4,446 | |||||||||||||||
Provision for income taxes | 17,557 | (767 | ) | 12,209 | 7,283 | 9,677 | ||||||||||||||
Income (loss) from continuing operations | 28,994 | 48,428 | 16,063 | 45,675 | (5,231 | ) | ||||||||||||||
(Income) loss from discontinued operations, net of income taxes(2) | (3,743 | ) | (5,373 | ) | 26,038 | 2,386 | 4,377 | |||||||||||||
Net income (loss) | $ | 32,737 | $ | 53,801 | $ | (9,975 | ) | $ | 43,289 | $ | (9,608 | ) | ||||||||
Balance Sheet Data: | ||||||||||||||||||||
Working capital | $ | 153,846 | $ | 101,062 | $ | 112,395 | $ | 117,427 | $ | 102,459 | ||||||||||
Total assets | 1,133,721 | 1,103,365 | 853,340 | 887,531 | 861,113 | |||||||||||||||
Total debt | 800,950 | 860,830 | 734,204 | 659,234 | 479,826 | |||||||||||||||
Total stockholder’s equity (deficit) | $ | 51,231 | $ | 6,162 | $ | (62,866 | ) | $ | 44,010 | $ | 170,716 |
(1) | See “Note 2. Summary of Significant Accounting Policies” to the Company’s consolidated financial statements. |
(2) | See “Note 11. Discontinued Operations” to the Company’s consolidated financial statements. |
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