Saul Centers 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	47.10M	46.97M	42.88M	42.78M	41.73M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	11.63M	11.26M	10.57M	10.48M	11.12M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	35.47M	35.71M	32.31M	32.30M	30.62M	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	3.247M	3.854M	3.293M	3.943M	3.166M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	9.778M	10.09M	8.512M	8.472M	8.324M	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)	-13.12M	-13.02M	-11.84M	-11.69M	-10.81M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	37.78M	38.22M	34.22M	34.59M	33.41M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	9.323M	8.747M	8.656M	8.193M	8.319M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-0.003M	0.068M	-2.656M	-1.046M	0.013M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	9.32M	8.815M	6.00M	7.147M	8.332M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	9.32M	8.815M	6.00M	7.147M	8.332M	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	9.32M	8.815M	6.00M	7.147M	8.332M	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			0.00			Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	4.079M	3.737M	1.719M	2.613M	3.524M	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	19.45	18.95	18.94	18.84	18.75	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	19.40	18.89	18.89	18.77	18.66	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.21	0.19	0.09	0.14	0.19	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.21	0.19	0.09	0.14	0.19	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro