EX-99.B.2 4 dex99b2.txt CONSOLIDATED STATEMENTS OF INCOME Exhibit 99.1 (b) 2 Q4 GAAP RESULTS CONSOLIDATED STATEMENTS OF INCOME (LOSS) 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 Divested businesses - 13,851 --------------------------- 92,043 89,058 ------------------------------------------------------------------------------------- Operating expenses: Cost of service 45,693 44,898 Sales, general and administrative 20,468 20,909 Depreciation and amortization 9,163 8,692 --------------------------- 75,324 74,499 --------------------------- Operating income 16,719 14,559 ------------------------------------------------------------------------------------- Other income (expense): Interest and other income 624 719 Interest and other expense (2,348) (1,506) Non-cash valuation adjustment in Medscape investment (6,953) (9,738) Minority interest in loss 413 - --------------------------- (8,264) (10,525) --------------------------- Income before income taxes and discontinued operations 8,455 4,034 Provision for income taxes 3,256 1,472 ------------------------------------------------------------------------------------- Income before discontinued operations 5,199 2,562 Discontinued operations - net of tax - (33,390) ------------------------------------------------------------------------------------- Net income (loss) $ 5,199 $ (30,828) --------------------------- Basic earnings (loss) per share: Income before discontinued operations $ 0.15 $ 0.08 --------------------------- Discontinued operations - net of tax $ - $ (1.02) --------------------------- Basic earnings (loss) per share $ 0.15 $ (0.94) --------------------------- Diluted earnings (loss) per share: Income before discontinued operations $ 0.15 $ 0.08 --------------------------- Discontinued operations - net of tax $ - $ (1.02) --------------------------- Diluted earnings (loss) per share $ 0.15 $ (0.94) --------------------------- Basic shares 33,970 32,755 =========================== Diluted shares 35,368 32,755 ===========================
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