Arrow Financial Corporation Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	24.50M	24.55M	26.88M	25.78M	25.51M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	3.532M	4.022M	4.345M	4.975M	5.337M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	20.96M	20.52M	22.53M	20.81M	20.17M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	13.43M	12.74M	14.78M	12.34M	12.54M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	16.96M	16.76M	19.12M	17.32M	17.88M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	7.539M	7.789M	7.755M	8.468M	7.635M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	7.539M	7.789M	7.755M	8.468M	7.635M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	2.251M	2.358M	2.383M	2.619M	2.354M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	5.288M	5.431M	5.372M	5.849M	5.281M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	5.288M	5.431M	5.372M	5.849M	5.281M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	5.288M	5.431M	5.372M	5.849M	5.281M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	11.79	11.75	11.78	11.74	11.70	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	11.77	11.74	11.75	11.73	11.68	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.45	0.4649	0.46	0.4951	0.45	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.45	0.4649	0.46	0.4951	0.45	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro