
Morning Call May 22


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 213.81M | 196.52M | 218.84M | 165.01M |
| Cost of Sales | 91.08M | 85.82M | 88.68M | 60.38M |
| Gross Operating Profit | 122.73M | 110.70M | 130.16M | 104.63M |
| Selling, General, and Administrative Expenses | 50.02M | 40.28M | 46.59M | 39.85M |
| Research & Development | 48.80M | 44.52M | 44.37M | 38.30M |
| Operating Income before D & A (EBITDA) | 23.92M | 25.90M | 39.20M | 26.48M |
| Depreciation & Amortization | 9.59M | 9.11M | 8.70M | 6.95M |
| Interest Income | 611.00K | 671.00K | 1.16M | 1.05M |
| Other Income - Net | 0.00 | -362.00K | -234.00K | -429.00K |
| Special Income / Charges | 2.94M | -3.38M | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | 17.89M | 13.73M | 31.42M | 20.15M |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Pre-Tax Income | 17.89M | 13.73M | 31.42M | 20.15M |
| Income Taxes | 2.13M | 425.00K | 1.86M | 474.00K |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | 15.76M | 13.30M | 29.56M | 19.67M |
| Net Income From Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Total Operations | 15.76M | 13.30M | 29.56M | 19.67M |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | 15.76M | 13.30M | 29.56M | 19.67M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
12.81M | 16.68M | 29.56M | 19.67M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 15.76M | 13.30M | 29.56M | 19.67M |
| Basic EPS from Continuing Ops. | 0.45 | 0.39 | 0.83 | 0.57 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | 0.45 | 0.39 | 0.83 | 0.57 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | 0.45 | 0.39 | 0.83 | 0.57 |
| Basic Normalized Net Income/Share | 0.37 | 0.49 | 0.83 | 0.57 |
| EPS fr Continuing Ops. | 0.43 | 0.38 | 0.78 | 0.54 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | 0.43 | 0.38 | 0.78 | 0.54 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS, Total | 0.43 | 0.38 | 0.78 | 0.54 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
0.35 | 0.48 | 0.78 | 0.54 |
| Dividends Paid per Share | 1.00 | 0.00 | 0.00 | 0.00 |