EX-99.B.1 3 dex99b1.txt NDC CONSOLIDATED STATEMENTS OF INCOME Exhibit 99.1 (b) 1 Q4 NORMALIZED RESULTS UNAUDITED CONSOLIDATED STATEMENTS OF INCOME NATIONAL DATA CORPORATION AND SUBSIDIARIES (In thousands, except per share data) --------------------------------------------------------------------------------
Three Months Ended May 31, -------------------------- 2001 2000 -------------------------- Revenues: Information management $39,144 $35,359 Network services and systems 52,899 39,848 -------------------------- 92,043 75,207 -------------------------------------------------------------------------------- Operating expenses: Cost of service 45,693 36,792 Sales, general and administrative 20,468 17,539 Depreciation and amortization 9,163 8,089 -------------------------- 75,324 62,420 -------------------------- Operating income 16,719 12,787 -------------------------------------------------------------------------------- Other income (expense): Interest and other income 624 15 Interest and other expense (2,348) (1,505) Minority interest in loss 413 - -------------------------- (1,311) (1,490) -------------------------- Income before income taxes 15,408 11,297 Provision for income taxes 5,932 4,349 -------------------------------------------------------------------------------- Net income $ 9,476 $ 6,948 -------------------------- Basic earnings per share $ 0.28 $ 0.21 ========================== Diluted earnings per share $ 0.27 $ 0.21 ========================== Basic shares 33,970 32,755 ========================== Diluted shares 35,368 33,617 ==========================
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