Rentrak Corporation and Subsidiaries
Condensed Consolidated Income Statements
(Unaudited)
(In thousands, except per share amounts)
 For the Three Months Ended December 31,  For the Nine Months Ended December 31,
2008   2007 2008 2007
Revenue $                  22,973  $                  23,875 $                  72,653  $                  70,890
Cost of sales                  15,752                  16,937                  48,915                  47,827
Gross margin                    7,221                    6,938                  23,738                  23,063
Selling and administrative                    6,746                    6,319                  20,303                  19,036
Income from operations                      475                      619                    3,435                    4,027
Other income (expense):
     Interest income                      388                      399                      764                    1,216
     Interest expense                         -                           (3)                         (2)                         (7)
                     388                      396                      762                    1,209
Income before income taxes                      863                    1,015                    4,197                    5,236
Provision (benefit) for income taxes                     (375)                      468                    1,081                    2,331
Net income $                    1,238  $                      547 $                    3,116  $                    2,905
Basic net income per share $                     0.12  $                     0.05 $                     0.29  $                     0.27
Diluted net income per share $                     0.11  $                     0.05 $                     0.28  $                     0.26
Shares used in per share calculations:
     Basic                  10,538                  10,757                  10,587                  10,747
     Diluted                  10,994                  11,280                  11,104                  11,263