| RENTRAK CORPORATION | |||||
| CONSOLIDATED STATEMENTS OF INCOME | |||||
| (UNAUDITED) | |||||
| Three Months Ending, December 31, 2001 | |||||
| ENTERTAINMENT | FULFILLMENT | TOTAL | |||
| REVENUES: | |||||
| PPT | $ 18,145,847 | $ - | $ 18,145,847 | ||
| Other | 421,081 | 6,353,023 | (1) | 6,165,414 | |
| 18,566,928 | 6,353,023 | 24,311,261 | |||
| OPERATING COSTS AND EXPENSES: | |||||
| Cost of sales | 14,806,126 | (1) | 5,364,939 | 19,562,375 | |
| Selling, general, and administrative | 3,187,136 | 169,014 | 3,356,150 | ||
| 17,993,262 | 5,533,953 | 22,918,525 | |||
| INCOME FROM OPERATIONS | 573,666 | 819,070 | 1,392,736 | ||
| OTHER INCOME (EXPENSE): | |||||
| Interest income | (24,538) | - | (24,538) | ||
| Interest expense | (1,896) | - | (1,896) | ||
| Other | 2,366,496 | - | 2,366,496 | ||
| 2,340,062 | - | 2,340,062 | |||
| INCOME FROM CONTINUING | |||||
| OPERATIONS BEFORE INCOME TAX | |||||
| PROVISION (BENEFIT) | 2,913,728 | 819,070 | 3,732,798 | ||
| INCOME TAX PROVISION | 1,075,162 | 316,065 | 1,391,227 | ||
| INCOME FROM CONTINUING | |||||
| OPERATIONS | 1,838,566 | 503,005 | 2,341,571 | ||
| LOSS FROM DISCONTINUED | |||||
| OPERATIONS, NET OF TAX BENEFIT | |||||
| OF $57,652 | (102,883) | - | (102,883) | ||
| NET INCOME | $ 1,735,683 | $ 503,005 | $ 2,238,688 | ||
| EARNINGS (LOSS) PER SHARE: | |||||
| Basic: | |||||
| Continuing operations | $ 0.19 | $ 0.05 | $ 0.24 | ||
| Discontinued operations | $ (0.01) | $ - | $ (0.01) | ||
| Total | $ 0.18 | $ 0.05 | $ 0.23 | ||
| Diluted: | |||||
| Continuing operations | $ 0.19 | $ 0.05 | $ 0.24 | ||
| Discontinued operations | $ (0.01) | $ - | $ (0.01) | ||
| Total | $ 0.18 | $ 0.05 | $ 0.23 | ||
| (1) - Includes Intercompany transactions of $608,690, which are eliminated in consolidated total amounts. | |||||