EX-99.1(B)2 5 dex991b2.txt UNAUDITED CONSOLIDATED STATEMENTS OF INCOME EXHIBIT 99.1(b)2 GAAP UNAUDITED CONSOLIDATED STATEMENTS OF INCOME NATIONAL DATA CORPORATION AND SUBSIDIARIES (In thousands, except per share data) --------------------------------------------------------------------------------
Three Months Ended August 31, ---------------------------------- 2001 2000 --------- --------- Revenues: Information management $34,513 $31,298 Network services and systems 53,843 48,947 Divested businesses - 5,629 ------- ------- 88,356 85,874 ------- ------- Operating expenses: Cost of service 41,835 43,340 Sales, general and administrative 20,986 20,134 Depreciation and amortization 6,581 8,213 ------- ------- 69,402 71,687 ------- ------- Operating income 18,954 14,187 ------- ------- Other income (expense): Interest and other income 351 17 Interest and other expense (2,320) (1,959) Minority interest in loss 326 - ------- ------- (1,643) (1,942) ------- ------- Income before income taxes and discontinued operations 17,311 12,245 Provision for income taxes 6,232 4,714 ------- ------- Income before discontinued operations 11,079 7,531 Discontinued operations, net of income taxes - 8,649 ------- ------- Net income $11,079 $16,180 ======= ======= Basic earnings per share: Income before discontinued operations $ 0.33 $ 0.23 ------- ------- Discontinued operations $ - $ 0.26 ------- ------- Basic earnings per share $ 0.33 $ 0.49 ------- ------- Shares 33,937 32,778 Diluted earnings per share: Income before discontinued operations $ 0.31 $ 0.23 ------- ------- Discontinued operations $ - $ 0.26 ------- ------- Diluted earnings per share $ 0.31 $ 0.48 ------- ------- Shares 39,670 36,193