EX-99.1B1 3 dex991b1.txt THIRD QTR NORMALIZED RESULTS Exhibit 99.1(b)1 Q3 NORMALIZED RESULTS UNAUDITED CONSOLIDATED STATEMENTS OF INCOME NATIONAL DATA CORPORATION AND SUBSIDIARIES
(In thousands, except per share data) --------------------------------------------------------------------------------------------------------------------- Three Months Ended February 28/29, -------------------------------------------------------------- 2001 2000 -------------------------------------------------------------- Revenues: Information management $37,195 $33,746 Network services and systems 51,037 37,957 -------------------------------------------------------------- 88,232 71,703 --------------------------------------------------------------------------------------------------------------------- Operating expenses: Cost of service 45,718 35,081 Sales, general and administrative 18,653 17,161 Depreciation and amortization 8,686 6,375 -------------------------------------------------------------- 73,057 58,617 -------------------------------------------------------------- Operating income 15,175 13,086 --------------------------------------------------------------------------------------------------------------------- Other income (expense): Interest and other income 101 88 Interest and other expense (2,054) (1,727) Minority interest in earnings 841 - -------------------------------------------------------------- (1,112) (1,639) -------------------------------------------------------------- Income before income taxes 14,063 11,447 Provision for income taxes 5,414 4,407 --------------------------------------------------------------------------------------------------------------------- Net income $ 8,649 $ 7,040 -------------------------------------------------------------- Basic earnings per share $ 0.26 $ 0.21 ============================================================== Diluted earnings per share $ 0.25 $ 0.21 ============================================================== Basic shares 32,992 32,920 ============================================================== Diluted shares 34,348 33,810 ============================================================== Press Release Attachment Page 1