Support.com 2005 Annual Report Download - page 44

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SUPPORTSOFT, INC.
CONSOLIDATED STATEMENTS OF INCOME
(in thousands except per share data)
See accompanying notes.
42
Years Ended December 31,
2005
2004
2003
Revenue:
License fees
$32,737
$37,923
$40,885
Services
29,194
22,694
12,386
Total revenue
61,931
60,617
53,271
Costs and expenses:
Cost of license fees
555
295
369
Cost of services
14,116
10,010
6,846
Amortization of intangible assets
1,090
363
—
Research and developmen
t
11,185
9,746
9,199
Sales and marketing
25,159
23,965
22,038
General and administrative
8,618
6,454
5,405
In-process research and development
—
1,618
—
Total costs and expenses
60,723
52,451
43,857
Income from operations
1,208
8,166
9,414
Interest income and other, net
3,619
2,298
502
Income before income taxes
4,827
10,464
9,916
Provision for income taxes
(402)
(310)
(496)
Net income
$4,425
$10,154
$9,420
Basic net income per share
$0.10
$0.24
$0.27
Shares used in computing basic net income per share
43,032
42,355
34,682
Diluted net income per share
$0.10
$0.22
$0.25
Shares used in computing diluted net income per share
44,519
45,590
38,048