EX-99.1B2 4 dex991b2.txt THIRD QUARTER GAAP RESULTS Exhibit 99.1(b)2 Q3 GAAP 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 Divested businesses - 14,165 --------------------------------------------------------------- 88,232 85,868 -------------------------------------------------------------------------------------------------------------------------- Operating expenses: Cost of service 45,718 44,893 Sales, general and administrative 18,653 19,654 Depreciation and amortization 8,686 6,990 Restructuring and impairment charges - - 73,057 71,537 --------------------------------------------------------------- Operating income 15,175 14,331 -------------------------------------------------------------------------------------------------------------------------- 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 and discontinued operations 14,063 12,692 Provision for income taxes 5,414 4,882 -------------------------------------------------------------------------------------------------------------------------- Income before discontinued operations 8,649 7,810 Discontinued operations - (6,616) --------------------------------------------------------------- Net income $ 8,649 $ 1,194 --------------------------------------------------------------- Basic earnings per share: Income before discontinued operations $ 0.26 $ 0.24 --------------------------------------------------------------- Discontinued operations $ - $ (0.20) --------------------------------------------------------------- Basic earnings per share $ 0.26 $ 0.04 --------------------------------------------------------------- Diluted earnings per share: Income before discontinued operations $ 0.25 $ 0.23 --------------------------------------------------------------- Discontinued operations $ - $ (0.20) --------------------------------------------------------------- Diluted earnings per share $ 0.25 $ 0.04 --------------------------------------------------------------- Basic shares 32,992 32,920 =============================================================== Diluted shares 34,348 33,810 =============================================================== Press Release Attachment Page 2