Exhibit 99.4
NDCHealth (GAAP) (Unaudited)
(in thousands)
Fiscal 2003 | Fiscal 2004 | |||||||||||||||||||||||||||||||||||||||
Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | YTD | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | YTD | |||||||||||||||||||||||||||||||
Revenue: | ||||||||||||||||||||||||||||||||||||||||
Network Services and Systems | $ | 59,270 | $ | 63,128 | $ | 63,432 | $ | 68,247 | $ | 254,077 | $ | 63,058 | $ | 66,859 | $ | 66,248 | $ | 60,881 | $ | 257,046 | ||||||||||||||||||||
Information Management | 34,589 | 36,045 | 39,079 | 39,487 | 149,200 | 35,941 | 38,762 | 37,918 | 36,708 | 149,329 | ||||||||||||||||||||||||||||||
Pharmacy Benefit Services | 3,049 | 3,050 | 3,036 | 3,558 | 12,693 | 4,642 | 4,802 | 6,585 | 13,879 | 29,908 | ||||||||||||||||||||||||||||||
96,908 | 102,223 | 105,547 | 111,292 | 415,970 | 103,641 | 110,423 | 110,751 | 111,468 | 436,283 | |||||||||||||||||||||||||||||||
Operating Expenses: | ||||||||||||||||||||||||||||||||||||||||
Cost of Service | 49,120 | 49,341 | 50,376 | 55,024 | 203,861 | 51,426 | 53,049 | 54,194 | 64,377 | 223,046 | ||||||||||||||||||||||||||||||
Sales, General and Administrative | 19,035 | 20,936 | 21,177 | 23,561 | 84,709 | 22,055 | 23,538 | 24,589 | 26,670 | 96,852 | ||||||||||||||||||||||||||||||
Depreciation and Amortization | 7,311 | 7,206 | 7,885 | 7,744 | 30,146 | 8,579 | 8,694 | 8,927 | 9,668 | 35,868 | ||||||||||||||||||||||||||||||
Restructuring and Other Charges | — | — | 2,283 | 2,775 | 5,058 | 1,499 | 1,798 | — | 1,818 | 5,115 | ||||||||||||||||||||||||||||||
75,466 | 77,483 | 81,721 | 89,104 | 323,774 | 83,559 | 87,079 | 87,710 | 102,533 | 360,881 | |||||||||||||||||||||||||||||||
Operating Income | 21,442 | 24,740 | 23,826 | 22,188 | 92,196 | 20,082 | 23,344 | 23,041 | 8,935 | 75,402 | ||||||||||||||||||||||||||||||
Other Income (Expense) | ||||||||||||||||||||||||||||||||||||||||
Interest and Other Income | 256 | 214 | 311 | 411 | 1,192 | 102 | 155 | 114 | 99 | 470 | ||||||||||||||||||||||||||||||
Interest and Other Expense | (3,131 | ) | (3,387 | ) | (7,503 | ) | (7,138 | ) | (21,159 | ) | (7,413 | ) | (7,320 | ) | (6,720 | ) | (6,328 | ) | (27,781 | ) | ||||||||||||||||||||
Minority Interest in (Earnings) Losses | (139 | ) | 60 | (194 | ) | 1,088 | 815 | (151 | ) | (267 | ) | (80 | ) | 63 | (435 | ) | ||||||||||||||||||||||||
Early Extinguishment of Debt | — | (921 | ) | (1,438 | ) | — | (2,359 | ) | — | — | — | (143 | ) | (143 | ) | |||||||||||||||||||||||||
Gain (Loss) Related to Investments | — | — | (14,955 | ) | 500 | (14,455 | ) | — | — | — | (4,475 | ) | (4,475 | ) | ||||||||||||||||||||||||||
Other Income (Expense) | (3,014 | ) | (4,034 | ) | (23,779 | ) | (5,139 | ) | (35,966 | ) | (7,462 | ) | (7,432 | ) | (6,686 | ) | (10,784 | ) | (32,364 | ) | ||||||||||||||||||||
Income (Loss) from Continuing Operations before Income Taxes | 18,428 | 20,706 | 47 | 17,049 | 56,230 | 12,620 | 15,912 | 16,355 | (1,849 | ) | 43,038 | |||||||||||||||||||||||||||||
Income Taxes | 6,636 | 7,455 | 3,218 | 6,138 | 23,447 | 4,732 | 5,957 | 6,133 | (132 | ) | 16,690 | |||||||||||||||||||||||||||||
Income (Loss) from Continuing Operations | 11,792 | 13,251 | (3,171 | ) | 10,911 | 32,783 | 7,888 | 9,955 | 10,222 | (1,717 | ) | 26,348 | ||||||||||||||||||||||||||||
Loss from Discontinued Operations | (627 | ) | (574 | ) | (529 | ) | (451 | ) | (2,181 | ) | (534 | ) | (1,221 | ) | (946 | ) | (14,014 | ) | (16,715 | ) | ||||||||||||||||||||
Net Income | $ | 11,165 | $ | 12,677 | $ | (3,700 | ) | $ | 10,460 | $ | 30,602 | $ | 7,354 | $ | 8,734 | $ | 9,276 | $ | (15,731 | ) | $ | 9,633 | ||||||||||||||||||
Income (Loss) from Continuing Operations | 0.34 | 0.38 | (0.09 | ) | 0.31 | 0.95 | 0.23 | 0.29 | 0.29 | (0.05 | ) | 0.75 | ||||||||||||||||||||||||||||
Loss from Discontinued Operations | (0.02 | ) | (0.02 | ) | (0.02 | ) | (0.01 | ) | (0.06 | ) | (0.02 | ) | (0.04 | ) | (0.03 | ) | (0.39 | ) | (0.48 | ) | ||||||||||||||||||||
Basic Earnings (Loss) per Share | 0.32 | 0.37 | (0.11 | ) | 0.30 | 0.88 | 0.21 | 0.25 | 0.26 | (0.44 | ) | 0.27 | ||||||||||||||||||||||||||||
Shares | 34,474 | 34,559 | 34,623 | 34,682 | 34,591 | 34,746 | 34,824 | 35,232 | 35,603 | 35,101 | ||||||||||||||||||||||||||||||
Income (Loss) from Continuing Operations | 0.33 | 0.37 | (0.09 | ) | 0.31 | 0.94 | 0.22 | 0.28 | 0.28 | (0.05 | ) | 0.74 | ||||||||||||||||||||||||||||
Loss from Discontinued Operations | (0.02 | ) | (0.01 | ) | (0.02 | ) | (0.01 | ) | (0.06 | ) | (0.02 | ) | (0.03 | ) | (0.03 | ) | (0.39 | ) | (0.47 | ) | ||||||||||||||||||||
Diluted Earnings (Loss) per Share | 0.32 | 0.36 | (0.11 | ) | 0.30 | 0.88 | 0.21 | 0.25 | 0.26 | (0.44 | ) | 0.27 | ||||||||||||||||||||||||||||
Shares | 39,196 | 38,856 | 34,623 | 34,992 | 34,941 | 35,114 | 35,619 | 36,284 | 35,603 | 35,847 |