| RENTRAK CORPORATION |
|
| CONSOLIDATED
STATEMENTS OF OPERATIONS |
|
|
|
|
(UNAUDITED) |
|
|
Three Months Ending June 30, 2002 |
|
|
ENTERTAINMENT |
|
FULFILLMENT |
|
TOTAL |
|
| REVENUES: |
|
|
|
|
|
|
| PPT |
$ 17,866,110 |
|
$ - |
|
$ 17,866,110 |
|
| Other |
1,054,470 |
|
4,069,910 |
(1) |
4,561,331 |
|
|
|
|
|
|
|
18,920,580 |
|
4,069,910 |
|
22,427,441 |
|
|
|
|
|
|
| OPERATING COSTS AND EXPENSES: |
|
|
|
|
| Cost of sales |
14,723,422 |
(1) |
4,129,246 |
|
18,289,619 |
|
| Selling, general, and administrative |
3,264,383 |
|
736,065 |
|
4,000,448 |
|
| Net gain from litigation settlement |
(361,847) |
|
- |
|
(361,847) |
|
| Asset Impairment |
- |
|
- |
|
- |
|
|
|
|
|
|
|
17,625,958 |
|
4,865,311 |
|
21,928,220 |
|
|
|
|
|
|
| INCOME (LOSS) FROM OPERATIONS |
1,294,622 |
|
(795,401) |
|
499,221 |
|
|
|
|
|
|
| OTHER INCOME (EXPENSE): |
|
|
|
|
| Interest income |
- |
|
- |
|
- |
|
| Interest expense |
- |
|
- |
|
- |
|
| Gain (Loss) on sale of investments |
- |
|
- |
|
- |
|
| Gain on Rentrak Japan transaction |
- |
|
- |
|
- |
|
|
- |
|
- |
|
- |
|
| INCOME (LOSS) FROM CONTINUING |
|
|
|
|
| OPERATIONS BEFORE INCOME TAX |
|
|
|
|
| PROVISION (BENEFIT) |
1,294,622 |
|
(795,401) |
|
499,221 |
|
|
|
|
|
|
| INCOME TAX PROVISION (BENEFIT) |
491,956 |
|
(302,252) |
|
189,704 |
|
|
|
|
|
|
| INCOME (LOSS) FROM CONTINUING |
|
|
|
|
| OPERATIONS |
802,666 |
|
(493,149) |
|
309,517 |
|
|
|
|
|
|
| LOSS FROM DISCONTINUED |
|
|
|
|
| OPERATIONS, NET OF TAX BENEFIT |
|
|
|
|
| OF $88,881 |
(145,014) |
|
- |
|
(145,014) |
|
|
|
|
|
|
| NET
INCOME (LOSS) |
$ 657,652 |
|
$ (493,149) |
|
$ 164,503 |
|
|
|
|
|
|
| EARNINGS (LOSS) PER SHARE: |
|
|
|
|
| Basic: |
|
|
|
|
Continuing operations |
$ 0.08 |
|
$ (0.05) |
|
$ 0.03 |
|
| Discontinued operations |
$ (0.01) |
|
$ - |
|
$ (0.01) |
|
| Total |
$ 0.07 |
|
$ (0.05) |
|
$ 0.02 |
|
| Diluted: |
|
|
|
Continuing operations |
$ 0.07 |
|
$ (0.05) |
|
$ 0.03 |
|
| Discontinued operations |
$ (0.01) |
|
$ - |
|
$ (0.01) |
|
| Total |
$ 0.06 |
|
$ (0.05) |
|
$ 0.02 |
|
|
|
|
|
|
| (1)
- Includes Intercompany transactions
of $563,049, which are eliminated in consolidated total amounts. |
|
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