Redbox 2006 Annual Report Download - page 47

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COINSTAR, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Year Ended December 31,
2006 2005 2004
REVENUE ..................................................... $534,442 $459,739 $307,100
EXPENSES:
Direct operating ............................................... 355,378 309,162 186,926
Marketing .................................................... 14,420 10,748 12,925
Research and development ....................................... 5,246 5,716 5,465
General and administrative ...................................... 55,133 36,625 27,475
Depreciation and other .......................................... 52,836 45,347 35,302
Amortization of intangible assets .................................. 6,220 4,556 2,014
Income from operations ......................................... 45,209 47,585 36,993
OTHER INCOME (EXPENSE):
Interest income and other, net .................................... 1,543 1,477 344
Interest expense ............................................... (15,748) (12,916) (6,271)
(Loss) income from equity investments ............................. (66) 353 177
Early retirement of debt ......................................... (238) — (706)
Income before income taxes ...................................... 30,700 36,499 30,537
Income taxes .................................................. (12,073) (14,227) (10,169)
NET INCOME .................................................. $ 18,627 $ 22,272 $ 20,368
NET INCOME PER SHARE:
Basic ........................................................ $ 0.67 $ 0.86 $ 0.94
Diluted ...................................................... $ 0.66 $ 0.86 $ 0.93
WEIGHTED SHARES OUTSTANDING:
Basic ........................................................ 27,686 25,767 21,626
Diluted ...................................................... 28,028 26,033 21,959
See notes to consolidated financial statements
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