EX-99.1(B)(1) 4 dex991b1.htm CONSOLIDATED STATEMENTS OF OPERATIONS Consolidated Statements of Operations

Exhibit 99.1 (b)1

 

CONSOLIDATED STATEMENTS OF OPERATIONS

NDCHealth Corporation and Subsidiaries

 

(In thousands, except per share data)

     Quarter Ended

 
     May 30,
2003


    May 31,
2002


 

Revenues:

                

Information management

   $ 42,059     $ 40,173  

Network services and systems

     73,172       54,331  
    


 


       115,231       94,504  
    


 


Operating expenses:

                

Cost of service

     57,693       47,588  

Sales, general and administrative

     24,659       19,369  

Depreciation and amortization

     7,929       5,948  

Acquisition related expense

     2,775       —    
    


 


       93,056       72,905  
    


 


Operating income

     22,175       21,599  
    


 


Other income (expense):

                

Interest and other income

     446       639  

Interest and other expense

     (7,426 )     (2,537 )

Minority interest in losses

     1,218       183  

Gain (loss) related to investments

     500       (41,000 )
    


 


       (5,262 )     (42,715 )
    


 


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

                

Information management

     6,333       7,753  

Network services and systems

     10,080       12,131  

Other

     500       (41,000 )
    


 


       16,913       (21,116 )
    


 


Provision for income taxes

     6,089       (5,543 )
    


 


Income before equity in losses of affiliated companies

     10,824       (15,573 )

Equity in losses of affiliated companies

     (364 )     (314 )
    


 


Net income (loss)

   $ 10,460     $ (15,887 )
    


 


Basic earnings (loss) per share:

   $ 0.30     $ (0.46 )
    


 


Shares

     34,682       34,260  

Diluted earnings (loss) per share:

   $ 0.30     $ (0.46 )
    


 


Shares

     34,992       34,260