Incredimail 2008 Annual Report Download - page 94

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F - 27
Numerator for basic and diluted net earnings
(loss) per share
-
Net income
-
(loss) as reported
$
2,477
$
(2,762
)
$
4,425
Net income attributable to Preferred
shareholders
(45
)
-
-
Net income (loss) available to Ordinary
shareholders
$
2,432
$
(2,762
)
$
4,425
2.
Denominator:
Denominator for basic net earnings per share
-
Weighted average number of Ordinary shares,
net of treasury stock
8,982,201
9,442,658
9,427,424
Effect of dilutive securities:
Add
-
stock options
164,192
-
89,053
Denominator for diluted net earnings per share
-
adjusted weighted average shares
9,146,393
9,442,658
9,516,477
INCREDIMAIL LTD. AND ITS SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 12:
-
MAJOR CUSTOMER DATA
Major customer data as a percentage of total revenues:
Year ended December 31,
2006
2007
2008
Customer A
14
%
42
%
49
%
The Company relies upon a major customer, a loss of whom could cause a material adverse effect on the Company’s results of
operations and financial position. The major customer has limited termination rights.
NOTE 13:
-
SEGMENT INFORMATION
a.
Reportable segments information:
In 2007, following the acquisition of Bizchord, the Company determined that Bizchord is considered a reportable segment and
provided summarized financial information as set forth below.
Year ended December 31, 2007
Incredimail
Bizchord
Intercompany
charges
Total
U.S. dollars in thousands
Revenues
$
18,647
$
316
$
(288
)
$
18,675
Gross profit (loss)
$
17,307
$
(84
)
$
(288
)
$
16,935
Operating expenses
$
14,020
$
931
$
(288
)
$
14,663
Operating income (loss)
$
3,287
$
(1,015
)
$
-
$
2,272