| RENTRAK CORPORATION | |||||
| CONSOLIDATED STATEMENTS OF OPERATIONS | |||||
| (UNAUDITED) | |||||
| Nine Months Ending December 31, 2002 | |||||
| ENTERTAINMENT | FULFILLMENT | TOTAL | |||
| REVENUES: | |||||
| PPT | $ 50,697,581 | $ - | $ 50,697,581 | ||
| Other | 2,618,240 | 12,786,135 | (1) | 13,784,172 | |
| 53,315,821 | 12,786,135 | 64,481,753 | |||
| OPERATING COSTS AND EXPENSES: | |||||
| Cost of sales | 41,764,674 | (1) | 13,186,472 | 53,330,943 | |
| Selling, general, and administrative | 9,500,216 | 1,799,429 | 11,299,645 | ||
| Net gain from litigation settlement | (361,847) | - | (361,847) | ||
| 50,903,043 | 14,985,901 | 64,268,741 | |||
| INCOME (LOSS) FROM OPERATIONS | 2,412,778 | (2,199,766) | 213,012 | ||
| OTHER INCOME (EXPENSE): | |||||
| Interest income | 82,854 | - | 82,854 | ||
| 82,854 | - | 82,854 | |||
| INCOME (LOSS) FROM CONTINUING | |||||
| OPERATIONS BEFORE INCOME TAX | |||||
| PROVISION (BENEFIT) | 2,495,632 | (2,199,766) | 295,866 | ||
| INCOME TAX PROVISION (BENEFIT) | 948,341 | (835,912) | 112,429 | ||
| INCOME (LOSS) FROM CONTINUING | |||||
| OPERATIONS | 1,547,291 | (1,363,854) | 183,437 | ||
| LOSS FROM DISCONTINUED | |||||
| OPERATIONS, NET OF TAX BENEFIT | |||||
| OF $304,367 | (496,599) | - | (496,599) | ||
| NET INCOME (LOSS) | $ 1,050,692 | $ (1,363,854) | $ (313,162) | ||
| EARNINGS (LOSS) PER SHARE: | |||||
| Basic: | |||||
| Continuing operations | $ 0.16 | $ (0.14) | $ 0.02 | ||
| Discontinued operations | $ (0.05) | $ - | $ (0.05) | ||
| Total | $ 0.11 | $ (0.14) | $ (0.03) | ||
| Diluted: | |||||
| Continuing operations | $ 0.16 | $ (0.14) | $ 0.02 | ||
| Discontinued operations | $ (0.05) | $ - | $ (0.05) | ||
| Total | $ 0.11 | $ (0.14) | $ (0.03) | ||
| (1)- Includes Intercompany transactions of $1,620,203, which are eliminated in consolidated total amounts. | |||||