|
Aladdin Knowledge Systems Ltd.
Condensed
Consolidated Statements of Operations
(U.S. dollars, in thousands - except for
per-share amount)
(Unaudited)
|
|
Three
month period
ended
June
30,
|
Six
month period
ended
June
30,
|
|
|
2008
|
|
2007
|
2008
|
2007
|
|
Revenues:
|
|
|
|
|
|
|
Software Security (DRM)
|
16,420
|
|
16,466
|
35,407
|
33,488
|
|
Enterprise Security
|
9,960
|
|
9,000
|
20,996
|
17,156
|
|
Total revenues
|
26,380
|
|
25,466
|
56,403
|
50,644
|
|
|
|
|
|
|
|
|
Cost of revenues
|
6,256
|
|
5,843
|
13,982
|
11,252
|
|
Gross profit
|
20,124
|
|
19,623
|
42,421
|
39,392
|
|
|
|
|
|
|
|
|
Research & development
|
6,679
|
|
4,585
|
12,944
|
9,174
|
|
Selling & marketing
|
9,751
|
|
7,917
|
19,248
|
15,994
|
|
General & administrative
|
4,211
|
|
3,370
|
8,205
|
6,765
|
|
Total operating expenses
|
20,641
|
|
15,872
|
40,397
|
31,933
|
|
|
|
|
|
|
|
|
Operating income (loss)
|
(517)
|
|
3,751
|
2,024
|
7,459
|
|
Financial income, net
|
284
|
|
1,042
|
997
|
2,047
|
|
Other income
|
-
|
|
5
|
613
|
14
|
|
Income (loss) before taxes
|
(233)
|
|
4,798
|
3,634
|
9,520
|
|
|
|
|
|
|
|
|
Taxes on income
|
(50)
|
|
770
|
450
|
1,512
|
|
Income (loss) before equity in loss of an affiliate
and non-controlling interest
|
(183)
|
|
4,028
|
3,184
|
8,008
|
|
|
|
|
|
|
|
|
Equity in loss of an affiliate
|
-
|
|
149
|
(68)
|
261
|
|
Income (loss) before non-controlling interest
|
(183)
|
|
3,879
|
3,116
|
7,747
|
|
Non-controlling interest
|
327
|
|
-
|
693
|
-
|
|
Net income
|
144
|
|
3,879
|
3,809
|
7,747
|
|
|
|
|
|
|
|
|
Basic earnings per share
|
0.01
|
|
0.27
|
0.27
|
0.53
|
|
Diluted earnings per share
|
0.01
|
|
0.26
|
0.27
|
0.52
|
|
|
|
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