EX-99.3 4 c23936exv99w3.htm UNAUDITED INCOME STATEMENT SUMMARY exv99w3
 

Exhibit 99.3
Doble Engineering Company
2007 Income Statement Summary (Unaudited)
Nine Months Ended September 30, 2007
         
    Amount  
 
       
Net Revenues
  $ 58,613,153  
 
       
Cost of Revenues:
       
Cost of Services
    11,126,754  
Cost of Sales
    9,488,326  
Manufacturing Variance
    (137,488 )
 
     
 
    20,477,593  
 
       
Gross Profit
    38,135,560  
 
       
Net Gain on Sale of Equipment
    1,013,081  
 
       
Operating Expenses:
       
Marketing and Selling
    8,560,951  
Engineering and Development
    4,641,859  
General and Administrative
    4,497,697  
Information Technology
    802,115  
Employee Profit Sharing
    1,413,142  
 
     
Total
    19,915,764  
 
       
Operating Income
    19,232,876  
 
       
Net Interest and Dividends
    401,434  
Gain on Sale of Investments
    718  
 
     
Total
    402,152  
 
       
Income before Tax and Incentives
    19,635,029  
 
       
Incentive Compensation
    1,414,100  
 
     
 
       
Income Before Tax
    18,220,929  
 
       
Income Tax Provision
    6,277,713  
 
     
 
       
Net Income
  $ 11,943,216