Redbox 2003 Annual Report Download - page 40

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COINSTAR, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Year Ended December 31,
2003 2002 2001
REVENUE ..................................................... $176,136 $155,675 $129,352
EXPENSES:
Direct operating ............................................... 76,826 67,788 58,072
Sales and marketing ............................................ 11,119 9,273 9,188
Product research and development ................................. 5,772 4,997 4,162
Selling, general and administrative ................................ 23,200 22,140 22,245
Depreciation and amortization .................................... 27,144 25,810 26,349
Income from operations ......................................... 32,075 25,667 9,336
OTHER INCOME (EXPENSE):
Interest income and other, net .................................... 263 309 707
Interest expense ............................................... (1,210) (3,710) (8,302)
Early retirement of debt ......................................... — (6,308) —
Income from continuing operations before income taxes ............... 31,128 15,958 1,741
Incometaxes.................................................. (11,573) 42,555 —
Income from continuing operations ................................ 19,555 58,513 1,741
DISCONTINUED OPERATIONS:
Loss from discontinued operations ................................ — — (9,127)
NET INCOME (LOSS) ........................................... $ 19,555 $ 58,513 $ (7,386)
NET INCOME (LOSS) PER SHARE:
Basic:
Continuing operations ........................................ $ 0.91 $ 2.68 $ 0.08
Discontinued operations ....................................... — — (0.43)
Netincome(loss)pershare .................................. $ 0.91 $ 2.68 $ (0.35)
Diluted:
Continuing operations ........................................ $ 0.90 $ 2.58 $ 0.08
Discontinued operations ....................................... — — (0.42)
Netincome(loss)pershare .................................. $ 0.90 $ 2.58 $ (0.34)
See notes to consolidated financial statements
36