EX-99.1(B)1 4 dex991b1.htm CONSOLIDATED STATEMENT OT OPERATIONS Consolidated Statement ot Operations

Exhibit 99.1(b) 1

CONSOLIDATED STATEMENTS OF OPERATIONS
NDCHealth Corporation and Subsidiaries

(In thousands, except per share data)

 

 

 

Three Months Ended

 

 

 


 

 

 

February 28,
2003

 

March 1,
2002

 

 

 


 


 

Revenues:

 

 

 

 

 

Information management

 

$

41,020

 

$

38,943

 

Network services and systems

 

67,987

 

50,218

 

Divested businesses

 

 

107

 

 

 


 


 

 

 

109,007

 

89,268

 

 

 


 


 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

Cost of service

 

53,130

 

44,410

 

Sales, general and administrative

 

22,341

 

19,344

 

Depreciation and amortization

 

7,842

 

5,948

 

Restructuring, impairment and other charges

 

2,283

 

 

 

 


 


 

 

 

85,596

 

69,702

 

 

 


 


 

 

 

 

 

 

 

Operating income

 

23,411

 

19,566

 

 

 


 


 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

Interest and other income

 

343

 

445

 

Interest and other expense

 

(7,766

)

(2,511

)

Minority interest in losses

 

185

 

607

 

Loss related to investments

 

(14,955

)

 

Early extinguishment of debt charges

 

(1,438

)

 

 

 


 


 

 

 

(23,631

)

(1,459

)

 

 


 


 

 

 

 

 

 

 

Income (loss) before income taxes and equity in losses of affiliated companies:

 

 

 

 

 

Information management

 

6,749

 

6,903

 

Network services and systems

 

9,424

 

11,391

 

Other

 

(16,393

)

(187

)

 

 


 


 

 

 

(220

)

18,107

 

 

 


 


 

 

 

 

 

 

 

Provision for income taxes

 

3,121

 

6,518

 

 

 


 


 

Income (loss) before equity in losses of affiliated companies

 

(3,341

)

11,589

 

Equity in losses of affiliated companies

 

(359

)

(344

)

 

 


 


 

Net income (loss)

 

$

(3,700

)

$

11,245

 

 

 



 



 

 

 

 

 

 

 

Basic earnings (loss) per share:

 

$

(0.11

)

$

0.33

 

 

 



 



 

Shares

 

34,623

 

34,135

 

 

 

 

 

 

 

Diluted earnings (loss) per share:

 

$

(0.11

)

$

0.31

 

 

 



 



 

Shares

 

 

34,623

 

 

39,721