Furmanite 8-K Xanser Corporation Announces 2006 Results

		XANSER CORPORATION
	CONSOLIDATED STATEMENTS OF OPERATIONS
	(In thousands, except per share amounts)
		(Unaudited)
		Three Months						Year Ended
		December 31,						December 31,
		2006			2005			2006			2005
Revenues:
Services		$	66,765		$	33,859		$	245,850		$	146,975
Products			25			981			538			6,906
Total revenues			66,790			34,840			246,388			153,881
Costs and expenses:
Operating costs			44,631			23,127			160,476			92,805
Cost of products sold			—			1,090			275			7,459
Depreciation and amortization			1,111			785			3,772			3,514
Selling, general and administrative			19,649			10,393			79,044			51,763
Write-off of goodwill			654			—			654			—
Gain on sale of assets			—			(2,102	)		—			(2,102	)
Provision for lease termination costs			267			1,333			267			1,333
Total costs and expenses			66,312			34,626			244,488			154,772
Operating income (loss)			478			214			1,900			(891	)
Interest and other income, net			211			173			866			660
Interest expense			(826	)		(248	)		(2,807	)		(1,040	)
Income (loss) before income taxes			(137	)		139			(41	)		(1,271	)
Income tax expense			(707	)		(438	)		(3,391	)		(2,995	)
Net income (loss)		$	(844	)	$	(299	)	$	(3,432	)	$	(4,266	)
Earnings (loss) per common share — Basic and Diluted		$	(0.02	)	$	(0.01	)	$	(0.10	)	$	(0.13	)

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	XANSER CORPORATION
	SUPPLEMENTAL INFORMATION
	(In thousands)
	(Unaudited)
	Three Months						Year Ended
	December 31,						December 31,
	2006			2005			2006			2005
Revenues:
Technical services	$	64,459		$	30,910		$	235,222		$	131,821
Government and other services		2,331			3,930			11,166			22,060
	$	66,790		$	34,840		$	246,388		$	153,881
Operating income (loss):
Technical services	$	2,326		$	2,128		$	11,915		$	10,114
Government and other services		49			(983	)		(5,033	)		(7,747	)
General and corporate		(1,897	)		(931	)		(4,982	)		(3,258	)
	$	478		$	214		$	1,900		$	(891	)

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