EX-99.1 3 dex991.txt CONSOLIDATED STATEMENTS OF INCOME FOR NDC EXHIBIT 99.1 CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) NDCHEALTH (NORMALIZED) (in thousands)
FY00 FY01 FY02 -------- -------------------------------------------- ------- Total Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 YTD Qtr 1 -------- ------- ------- ------- ------- -------- ------- Revenue--Information Management............. $131,229 $31,298 $33,917 $35,342 $37,534 $138,091 $34,513 Revenue--Network Services and Systems... 158,051 48,947 49,516 52,890 54,509 205,862 53,843 -------- ------- ------- ------- ------- -------- ------- Revenue--NDCHealth...... 289,280 80,245 83,433 88,232 92,043 343,953 88,356 -------- ------- ------- ------- ------- -------- ------- Operating expenses: Cost of service........ 141,298 38,462 41,521 45,718 45,693 171,394 41,835 Sales, general and administrative........ 63,411 19,926 18,303 18,653 20,468 77,350 20,986 Depreciation and amortization.......... 29,195 7,989 8,638 8,686 9,163 34,476 6,581 -------- ------- ------- ------- ------- -------- ------- 233,904 66,377 68,462 73,057 75,324 283,220 69,402 Operating income-- NDCHealth.............. 55,376 13,868 14,971 15,175 16,719 60,733 18,954 EBITDA.................. 84,571 21,857 23,609 23,861 25,882 95,209 25,535 Other expense........... (6,580) (1,942) (1,781) (1,112) (1,311) (6,146) (1,643) -------- ------- ------- ------- ------- -------- ------- IBIT--Information Management............. 21,978 3,456 4,646 5,072 4,931 18,105 4,118 IBIT--Network Services and Systems............ 26,818 8,470 8,544 8,991 10,477 36,482 13,193 -------- ------- ------- ------- ------- -------- ------- Income before income taxes--NDCHealth....... 48,796 11,926 13,190 14,063 15,408 54,587 17,311 -------- ------- ------- ------- ------- -------- ------- Income Taxes............ 18,786 4,592 5,078 5,414 5,932 21,016 6,232 -------- ------- ------- ------- ------- -------- ------- Net Income (Normalized)........... $ 30,010 $ 7,334 $ 8,112 $ 8,649 $ 9,476 $ 33,571 $11,079 ======== ======= ======= ======= ======= ======== ======= Basic Shares............ 33,232 32,778 32,889 32,992 33,970 33,009 33,937 ======== ======= ======= ======= ======= ======== ======= Basic earnings per share.................. $ 0.90 $ 0.22 $ 0.25 $ 0.26 $ 0.28 $ 1.02 $ 0.33 ======== ======= ======= ======= ======= ======== ======= Diluted Shares.......... 34,448 33,441 34,057 34,348 35,368 34,153 39,670 ======== ======= ======= ======= ======= ======== ======= Diluted earnings per share.................. $ 0.87 $ 0.22 $ 0.24 $ 0.25 $ 0.27 $ 0.98 $ 0.31 ======== ======= ======= ======= ======= ======== =======