Consolidated Statement of Income (Unaudited)
NDCHealth (Normalized)
(in thousands)
FY01 | FY02 | |||||||||||||||||||||||||||||||||||
Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | YTD | Qtr 1 | Qtr 2 | Qtr 3 | YTD | ||||||||||||||||||||||||||||
Revenues: | ||||||||||||||||||||||||||||||||||||
Information Management | $ | 31,298 | $ | 33,917 | $ | 35,342 | $ | 37,534 | $ | 138,091 | $ | 34,513 | $ | 37,394 | $ | 39,050 | $ | 110,957 | ||||||||||||||||||
Network Services and Systems | 48,031 | 48,141 | 51,515 | 53,134 | 200,821 | 52,384 | 53,168 | 56,557 | 162,109 | |||||||||||||||||||||||||||
79,329 | 82,058 | 86,857 | 90,668 | 338,912 | 86,897 | 90,562 | 95,607 | 273,066 | ||||||||||||||||||||||||||||
Operating expenses: | ||||||||||||||||||||||||||||||||||||
Cost of service | 38,462 | 41,521 | 45,718 | 45,693 | 171,394 | 41,835 | 45,057 | 47,119 | 134,011 | |||||||||||||||||||||||||||
Sales, general and administrative | 19,926 | 18,303 | 18,653 | 20,468 | 77,350 | 20,986 | 21,166 | 22,974 | 65,126 | |||||||||||||||||||||||||||
Depreciation and amortization | 7,989 | 8,638 | 8,686 | 9,163 | 34,476 | 6,581 | 5,897 | 5,948 | 18,426 | |||||||||||||||||||||||||||
66,377 | 68,462 | 73,057 | 75,324 | 283,220 | 69,402 | 72,120 | 76,041 | 217,563 | ||||||||||||||||||||||||||||
Operating income | 12,952 | 13,596 | 13,800 | 15,344 | 55,692 | 17,495 | 18,442 | 19,566 | 55,503 | |||||||||||||||||||||||||||
Other income/(expense) | (1,942 | ) | (1,781 | ) | (1,112 | ) | (1,311 | ) | (6,146 | ) | (1,643 | ) | (1,234 | ) | (1,459 | ) | (4,336 | ) | ||||||||||||||||||
IBITEL—Information Management | 3,456 | 4,646 | 5,072 | 4,931 | 18,105 | 4,118 | 5,814 | 6,830 | 16,762 | |||||||||||||||||||||||||||
IBITEL—Network Services and Systems | 7,554 | 7,169 | 7,616 | 9,102 | 31,441 | 11,734 | 11,394 | 11,277 | 34,405 | |||||||||||||||||||||||||||
Income before income taxes and equity in losses of affiliated companies—NDCHealth | 11,010 | 11,815 | 12,688 | 14,033 | 49,546 | 15,852 | 17,208 | 18,107 | 51,167 | |||||||||||||||||||||||||||
Income Taxes | 4,239 | 4,549 | 4,885 | 5,403 | 19,076 | 5,707 | 6,195 | 6,518 | 18,420 | |||||||||||||||||||||||||||
Income before equity in losses of affiliated companies | 6,771 | 7,266 | 7,803 | 8,630 | 30,470 | 10,145 | 11,013 | 11,589 | 32,747 | |||||||||||||||||||||||||||
Equity in losses of affiliated companies, net of taxes | (66 | ) | (139 | ) | (247 | ) | (299 | ) | (751 | ) | (1,114 | ) | (292 | ) | (344 | ) | (1,750 | ) | ||||||||||||||||||
Net Income | $ | 6,705 | $ | 7,127 | $ | 7,556 | $ | 8,331 | $ | 29,719 | $ | 9,031 | $ | 10,721 | $ | 11,245 | $ | 30,997 | ||||||||||||||||||
Basic Shares | 32,778 | 32,889 | 32,992 | 33,970 | 33,009 | 33,937 | 34,066 | 34,135 | 34,045 | |||||||||||||||||||||||||||
Basic earnings per share | $ | 0.20 | $ | 0.22 | $ | 0.23 | $ | 0.25 | $ | 0.90 | $ | 0.27 | $ | 0.31 | $ | 0.33 | $ | 0.91 | ||||||||||||||||||
Diluted Shares | 33,441 | 34,057 | 34,348 | 35,368 | 34,153 | 35,530 | 39,822 | 39,721 | 35,595 | |||||||||||||||||||||||||||
Diluted earnings per share | $ | 0.20 | $ | 0.21 | $ | 0.22 | $ | 0.24 | $ | 0.87 | $ | 0.25 | $ | 0.30 | $ | 0.31 | $ | 0.87 | ||||||||||||||||||