Consolidated Statements of Operations Clause Samples

Consolidated Statements of Operations. 40 Consolidated Statement of Stockholders' Equity.......................... 41 Consolidated Statements of Cash Flows................................... 42 Notes to Consolidated Financial Statements.............................. 43 REPORT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS The Board of Directors and Stockholders Extreme Networks, Inc. We have audited the accompanying consolidated balance sheets of Extreme Networks, Inc. as of June 30, 1999 and 1998, and the related consolidated statements of operations, stockholders' equity and cash flows for the period from inception, May 8, 1996 to June 30, 1997 and for each of the two years in the period ended June 30, 1999. Our audits also included the financial statement schedule listed in the Index at Item 14(a). These financial statements and schedule are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements and schedule based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of Extreme Networks, Inc. at June 30, 1999 and 1998, and the consolidated results of its operations and its cash flows for the period from inception, May 8, 1996 to June 30, 1997, and for each of the two years in the period ended June 30, 1999, in conformity with generally accepted accounting principles. Also, in our opinion, the related financial statement schedule, when considered in relation to the basic financial statements taken as a whole, presents fairly in all material respects the information set forth therein. Palo Alto, California July 20, 1999 EXTREME NETWORKS, INC. CONSOLIDATED BALANCE SHEETS June 30, ------------------- 1999 1998 --------- -------- ASSETS Current assets: Cash and cash equivalents................................ $ 107,143 $ 9,510 Short...

Consolidated Statements of Operations for the three months and six months ended June 30, 1998 and 1997.......................................................................................

Consolidated Statements of Operations. (In thousands, except per share data) (In thousands)

Consolidated Statements of Operations. 24 Consolidated Statements of Comprehensive Income (Loss)..................................................... 25

Consolidated Statements of Operations. (In millions, except per share data) Year Ended December 31, 2013 2012 2011 Revenues Expenses Earnings (loss) per share attributable to Realogy Holdings: Weighted average common and common equivalent shares of Realogy Holdings outstanding: Year Ended December 31, 2013 2012 2011 ASSETS LIABILITIES AND EQUITY (In millions) Year Ended December 31, Operating Activities Investing Activities Financing Activities

Consolidated Statements of Operations. (In thousands of U.S. dollars, except per share data) NINE MONTHS ENDED THREE MONTHS ENDED YEAR ENDED SEPTEMBER 30, SEPTEMBER 30, DECEMBER 31, 2003 2002 2003 2002 2002 ----------- ----------- ----------- ----------- ------------ (UNAUDITED) (UNAUDITED) (AUDITED) ------------------------- -------------------------- ------------ Revenues $ 635,223 $ 589,143 $ 214,275 $ 210,155 $ 827,456 Cost of revenues (464,882) (424,415) (158,078) (150,738) (595,512) Chief Scientist ("OCS") - (9,801) - - (9,801) ----------- ----------- ----------- ----------- ------------ Gross profit 170,341 154,927 56,197 59,417 222,143 ----------- ----------- ----------- ----------- ------------ Research and development costs, net 43,006 39,710 14,518 14,785 57,010 Marketing and selling expenses 50,696 47,289 15,573 17,346 65,691 General and administrative expenses 33,924 30,741 11,035 10,760 41,651 ----------- ----------- ----------- ----------- ------------ 127,626 117,740 41,126 42,891 164,352 ----------- ----------- ----------- ----------- ------------ Operating income 42,715 37,187 15,071 16,526 57,791 Financial expenses, net (3,467) (690) (161) (595) (3,035) Other income (expenses), net 332 (524) 241 (115) (462) ----------- ----------- ----------- ----------- ------------ Income before taxes on income 39,580 35,973 15,151 15,816 54,294 Taxes on income 10,502 6,810 3,900 1,565 9,348 ----------- ----------- ----------- ----------- ------------ 29,078 29,163 11,251 14,251 44,946 Equity in net earnings of affiliated companies and partnership 3,938 2,554 989 1,114 675 Minority interest 456 269 (234) 139 (508) ----------- ----------- ----------- ----------- ------------ Net income $ 33,472 $ 31,986 $ 12,006 $ 15,504 $ 45,113 =========== =========== =========== =========== ============ Earnings per share Basic earnings per share $ 0.86 $ 0.83 $ 0.31 $ 0.40 $ 1.17 =========== =========== =========== =========== ============ Weighted average number of shares used in computation (in thousands) 38,994 38,459 39,168 38,515 38,489 =========== =========== =========== =========== ============ Diluted earnings per share $ 0.83 $ 0.80 $ 0.30 $ 0.39 $ 1.13 =========== =========== =========== =========== ============ Weighted average number of shares used in computation (in thousands) 40,198 39,896 40,406 39,772 39,863 =========== =========== =========== =========== ============ THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE CONSOLIDATED FINANCIAL STATEMENTS. ELBIT SYSTEMS LTD. AND ITS SUBSIDIAR...

Consolidated Statements of Operations. Years Ended June 30, 1999, 1998 and 1997................................... 34 Consolidated Statements of Cash Flows -- Years Ended June 30, 1999, 1998 and 1997................................... 35 Consolidated Statements of Stockholders' Equity -- Years Ended June 30, 1999, 1998 and 1997........................ 36 Notes to Consolidated Financial Statements.................. 37 Report of Independent Auditors.............................. 57 Report of Independent Accountants........................... 58

Consolidated Statements of Operations. December 31 1999 1998 1997 ----------------------------------------- (In Thousands, except per share data) Revenue $ 22,138 $ 6,953 $ 43 Cost of revenue 22,006 8,765 83 ---------------------------------------- Gross margin (loss) 132 (1,812) (40) Expenses: Selling, general and administrative 53,667 27,873 12,788 Depreciation and amortization 3,060 1,455 235 ---------------------------------------- Loss from operations (56,595) (31,140) (13,063)

Consolidated Statements of Operations. Fiscal Year 1999 1998 1997 ---- ---- ---- (Thousands of dollars, except per share data) --------------------------------------------- Sales $3,486,043 3,005,608 2,796,852 Cost of sales and occupancy 2,483,729 2,142,717 2,019,291 --------- --------- --------- Gross profit 1,002,314 862,891 777,561 --------- ------- ------- Selling and administrative expenses 651,099 580,609 542,336 Depreciation and amortization 112,304 88,345 76,951 Pre-opening expenses 6,801 8,795 12,918 --------- --------- --------- Operating profit 232,110 185,142 145,356 Interest (net of interest income of $1,449, $976 and $446, respectively) and amortization of deferred financing fees (23,765) (24,412) (37,666) Equity in net loss of ▇▇▇▇▇▇ & ▇▇▇▇▇.▇▇▇ (42,047) (71,334) -- Gain on formation of ▇▇▇▇▇▇ & ▇▇▇▇▇.▇▇▇ 25,000 63,759 -- Other income 27,337 3,414 1,913 --------- --------- --------- Earnings before provision for income taxes, extraordinary charge and cumulative effect of a change in accounting principle 218,635 156,569 109,603 Provision for income taxes 89,637 64,193 44,935 --------- --------- --------- Earnings before extraordinary charge and cumulative effect of a change in accounting principle 128,998 92,376 64,668 Extraordinary charge due to early extinguishment of debt, net of tax benefits of $7,991 -- -- (11,499) Cumulative effect of a change in accounting principle, net of tax benefits of $3,125 (4,500) -- -- --------- --------- ---------