Laserfiche WebLink
<br />15 <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br /> PBSJ CORPORATION <br /> Consolidated Statements of Operations <br /> Years Ended September 30, <br />(Amounts in thousands, except per share amounts) 2008 2007 2006 <br />Earned revenues: <br />Engineering fees S 617.945 S 581.465 S 537,242 <br />Direct reimbursable expenses 149.696 123.540 105.635 <br />Net earned revenues 468,249 457,925 431,607 <br />Costs and expenses: <br />Direct salaries and direct costs 168,829 164,764 158,38 I <br />General and administrative expenses, <br /> including indirect salaries 278,093 262.383 250.145 <br />Insurance proceeds and gain on recoveries, net of <br /> misappropriation loss (1,989) (1,613) <br />Investigation and related costs 3,802 14,239 <br />Total costs and expenses 446,922 428,960 421.152 <br />Operating income 21,327 28,965 10.455 <br />Other income (expense): <br />Interest expense (987) ( 1,520) (2,066) <br />Other, net 47 98 302 <br />Total other expense: (940) ( 1.422) (1.764 ) <br />Income before income taxes 20,387 27 ,543 8,691 <br />Provision for income taxes 4,915 8.445 3,286 <br />Net income S 15.472 S 19,098 S 5.405 <br />Net income per share: <br />Basic S 2.55 S 3.05 S 0.81 <br />Diluted S 2.51 S 2.99 S 0.76 <br />Weighted average shares outstanding: <br />Basic 6,062 6,258 6,651 <br />Diluted 6,156 6,390 7,118 <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />The accompanying notes are an integral part of these consolidated financial stateme/lls <br /> <br />I <br /> <br />I <br /> <br />For a complete set of The PBSJ Corporation September 30, 2008 financial statements, please go to <br />http://idea.sec.gov/Archives/edgar/data!1117414/000119312508257171/dl0k.htm <br /> <br />I <br />