INTL FCStone 2005 Annual Report Download - page 77

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INTERNATIONAL ASSETS HOLDING CORPORATION AND SUBSIDIARIES
Notes to the Consolidated Financial Statements—(Continued)
September 30, 2005 and 2004
Quarter
Ended
June 30,
2004
Quarter
Ended
June 30,
2004
Quarter
Ended
June 30,
2004
Quarter
Ended
Sept. 30,
2004
Quarter
Ended
Sept. 30,
2004
Quarter
Ended
Sept. 30,
2004
previously
reported
restatement
adjustment as restated
previously
reported
restatement
adjustment as restated
(All figures below are in $ except the
weighted average number of common
shares outstanding)
Interest expense ..................... 305,587 57,311 362,898 266,961 2,422,469 2,689,430
Net revenues ....................... 4,321,592 (57,311) 4,264,281 5,446,029 (2,422,469) 3,023,560
Occupancy and equipment rental ....... 113,376 2,526 115,902 153,753 2,526 156,279
Non-interest expenses ................ 3,504,574 2,526 3,507,100 4,744,450 2,526 4,746,976
Income (loss) before income taxes ...... 817,018 (59,837) 757,181 701,579 (2,424,995) (1,723,416)
Income tax expense .................. 382,866 85,476 468,342 265,171 40,797 305,968
Net income (loss) ................... 434,152 (145,313) 288,839 436,408 (2,465,792) (2,029,384)
Net income (loss) per share - basic ...... 0.09 0.06 0.07 (0.33)
Net income (loss) per share - diluted .... 0.07 0.05 0.06 (0.33)
Weighted average number of common
shares outstanding:
Diluted ............................ 6,207,691 (466,110) 5,741,581 7,359,545 (1,283,386) 6,076,159
Deferred income tax asset, net ......... 144,517 14,116 158,633 332,429 30,409 362,838
Income taxes receivable .............. 57,357 (57,357) 57,881 (57,881)
Total assets ........................ 39,248,291 (43,241) 39,205,050 67,719,753 (27,472) 67,692,281
Income taxes payable ................ 54,913 54,913 112,917 111,479 224,396
Other liabilities ..................... 39,050 34,647 73,697 37,519 37,173 74,692
Debt discount, net ................... (2,422,469) (2,422,469)
Total liabilities ..................... 26,636,962 (2,332,909) 24,304,053 42,970,388 148,652 43,119,040
Additional paid-in capital ............. 13,006,126 2,483,478 15,489,604 24,685,139 2,483,478 27,168,617
Accumulated deficit ................. (442,873) (193,810) (636,683) (6,465) (2,659,602) (2,666,067)
Total stockholders’ equity ............. 12,611,329 2,289,668 14,900,997 24,749,365 (176,124) 24,573,241
F-37