| Rentrak Corporation and Subsidiaries | ||||||||||
| Consolidated Income Statements | ||||||||||
| (In thousands, except per share amounts) | ||||||||||
| For the Three Months Ended March 31, | For the Twelve Months Ended March 31, | |||||||||
| 2010 | 2009 | 2010 | 2009 | |||||||
| (Unaudited) | (Unaudited) | (Audited) | (Audited) | |||||||
| Revenue | $ | 25,006 | $ | 22,313 | $ | 91,076 | $ | 94,966 | ||
| Cost of Sales | 14,629 | 13,660 | 58,277 | 62,575 | ||||||
| Gross Margin | 10,377 | 8,653 | 32,799 | 32,391 | ||||||
| Operating expenses: | ||||||||||
| Selling and administrative | 10,416 | 6,604 | 33,055 | 26,619 | ||||||
| Provision for doubtful accounts | 52 | 102 | 469 | 269 | ||||||
| Asset impairment | 134 | 136 | 199 | 257 | ||||||
| 10,602 | 6,842 | 33,723 | 27,145 | |||||||
| Income (loss) from operations | (225) | 1,811 | (924) | 5,246 | ||||||
| Other income: | ||||||||||
| Interest income, net | 137 | 346 | 1,151 | 1,108 | ||||||
| Income before income taxes | (88) | 2,157 | 227 | 6,354 | ||||||
| Provision (benefit) for income taxes | (285) | (90) | (349) | 991 | ||||||
| Net income | $ | 197 | $ | 2,247 | $ | 576 | $ | 5,363 | ||
| Basic net income per share | $ | 0.02 | $ | 0.21 | $ | 0.05 | $ | 0.51 | ||
| Diluted net income per share | $ | 0.02 | $ | 0.21 | $ | 0.05 | $ | 0.49 | ||
| Shares used in per share calculations: | ||||||||||
| Basic | 10,607 | 10,481 | 10,527 | 10,561 | ||||||
| Diluted | 11,172 | 10,914 | 11,013 | 11,047 | ||||||