| RENTRAK CORPORATION |
|
| CONSOLIDATED STATEMENTS OF OPERATIONS |
|
|
|
|
(UNAUDITED) |
|
|
Three Months
Ended September 30, 2002 |
|
|
ENTERTAINMENT |
|
FULFILLMENT |
|
TOTAL |
|
| REVENUES: |
|
|
|
|
|
|
| PPT |
$ 17,976,338 |
|
$ - |
|
$ 17,976,338 |
|
| Other |
919,787 |
|
2,401,318 |
(1) |
2,798,144 |
|
|
|
|
|
|
|
18,896,125 |
|
2,401,318 |
|
20,774,482 |
|
|
|
|
|
|
| OPERATING COSTS AND EXPENSES: |
|
|
|
|
| Cost of sales |
14,602,950 |
(1) |
2,930,964 |
|
17,010,953 |
|
| Selling, general, and administrative |
2,973,189 |
|
582,618 |
|
3,555,807 |
|
| Net gain from litigation settlement |
- |
|
- |
|
- |
|
| Asset Impairment |
- |
|
- |
|
- |
|
|
|
|
|
|
|
17,576,139 |
|
3,513,582 |
|
20,566,760 |
|
|
|
|
|
|
| INCOME (LOSS) FROM OPERATIONS |
1,319,986 |
|
(1,112,264) |
|
207,722 |
|
|
|
|
|
|
| OTHER INCOME (EXPENSE): |
|
|
|
|
| Interest income |
71,500 |
|
- |
|
71,500 |
|
| Interest expense |
- |
|
- |
|
- |
|
| Gain (Loss) on sale of investments |
- |
|
- |
|
- |
|
| Other |
- |
|
- |
|
- |
|
|
71,500 |
|
- |
|
71,500 |
|
| INCOME (LOSS) FROM CONTINUING |
|
|
|
|
| OPERATIONS BEFORE INCOME TAX |
|
|
|
|
| PROVISION (BENEFIT) |
1,391,486 |
|
(1,112,264) |
|
279,222 |
|
|
|
|
|
|
| INCOME TAX PROVISION (BENEFIT) |
528,768 |
|
(422,661) |
|
106,107 |
|
|
|
|
|
|
| INCOME (LOSS) FROM CONTINUING |
|
|
|
|
| OPERATIONS |
862,718 |
|
(689,603) |
|
173,115 |
|
|
|
|
|
|
| LOSS FROM DISCONTINUED |
|
|
|
|
| OPERATIONS, NET OF TAX BENEFIT |
|
|
|
|
| OF $169,293 |
(276,216) |
|
- |
|
(276,216) |
|
|
|
|
|
|
| NET
INCOME (LOSS) |
$ 586,502 |
|
$ (689,603) |
|
$ (103,101) |
|
|
|
|
|
|
| NET INCOME (LOSS) PER SHARE: |
|
|
|
|
| Basic: |
|
|
|
Continuing operations |
$ 0.09 |
|
$ (0.07) |
|
$ 0.02 |
|
| Discontinued operations |
(0.03) |
|
-
|
|
(0.03) |
|
| Total |
$ 0.06 |
|
$ (0.07) |
|
$ (0.01) |
|
| Diluted: |
|
|
|
Continuing operations |
$ 0.09 |
|
$ (0.07) |
|
$ 0.02 |
|
| Discontinued operations |
(0.03) |
|
-
|
|
(0.03) |
|
| Total |
$ 0.06 |
|
$ (0.07) |
|
$ (0.01) |
|
|
|
|
|
|
| (1)
- Includes Intercompany transactions
of $522,961, which are eliminated in consolidated total amounts. |
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