|
ORBITAL SCIENCES CORPORATION
CONDENSED CONSOLIDATED INCOME STATEMENTS
(Unaudited, In thousands, except share data)
| |
Nine Mopnths Ended September 30, |
| |
2007
|
2006
(As Adjusted) |
| |
|
|
| Revenues |
$ 790,951 |
$ 587,015 |
| Costs of goods sold |
656,835 |
472,891 |
| Gross profit |
134,116 |
114,124 |
| |
|
|
| Research and development expenses |
11,723 |
7,261 |
| Selling, general and administrative expenses |
60,092 |
59,033 |
| Income from operations |
62,301 |
47,830 |
| |
|
|
| Interest expense |
(3,606) |
(9,287) |
| Interest income and other |
9,563 |
8,329 |
| Income before income taxes |
68,258 |
46,872 |
| Provision for income taxes |
(27,298) |
(19,586) |
| Net income |
$ 40,960 |
$ 27,286 |
| |
|
|
| Basic net income per share: |
$ 0.69 |
$ 0.48 |
| |
|
|
| Diluted net income per share: |
$ 0.67 |
$ 0.44 |
|
