Redbox 2007 Annual Report Download - page 46

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COINSTAR, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
2007 2006 2005
Year Ended December 31,
REVENUE ............................................... $546,297 $534,442 $459,739
EXPENSES:
Direct operating ......................................... 358,508 349,605 304,594
Operating taxes, net ...................................... (2,466) 9,929 8,705
Marketing .............................................. 11,899 14,420 10,748
Research and development ................................. 5,153 5,246 5,716
General and administrative ................................. 55,193 50,977 32,488
Depreciation and other .................................... 58,841 52,836 45,347
Amortization of intangible assets ............................. 7,331 6,220 4,556
Impairment and excess inventory charges ....................... 65,220 — —
(Loss) income from operations ............................. (13,382) 45,209 47,585
OTHER INCOME (EXPENSE):
Interest income and other, net ............................... 2,348 1,543 1,477
Interest expense ......................................... (17,069) (15,748) (12,916)
Income (loss) from equity investments and other ................. 1,333 (66) 353
Early retirement of debt ................................... (1,794) (238) —
(Loss) income before income taxes ......................... (28,564) 30,700 36,499
Income tax benefit (expense) ................................ 6,311 (12,073) (14,227)
NET (LOSS) INCOME ...................................... $(22,253) $ 18,627 $ 22,272
NET (LOSS) INCOME PER SHARE:
Basic ................................................. $ (0.80) $ 0.67 $ 0.86
Diluted ................................................ $ (0.80) $ 0.66 $ 0.86
WEIGHTED SHARES OUTSTANDING:
Basic ................................................. 27,805 27,686 25,767
Diluted ................................................ 27,805 28,028 26,033
See notes to Consolidated Financial Statements
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