Callon Petroleum 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	29.29M	31.81M	33.55M	36.83M	25.45M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	29.29M	31.81M	33.55M	36.83M	25.45M	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	13.82M	9.172M	9.444M	9.098M	9.269M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	12.19M	12.96M	13.01M	12.95M	9.776M	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)	-0.574M	-0.571M	-0.569M	-0.583M	-0.615M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	26.58M	22.70M	23.03M	22.63M	19.66M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	2.716M	9.108M	10.52M	14.20M	5.789M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-2.202M	-0.672M	-2.329M	1.415M	-1.722M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	0.514M	8.436M	8.195M	15.62M	4.067M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	0.144M	-63.06M		-3.972M	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	0.37M	71.50M	8.195M	19.59M	4.067M	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	0.118M	0.202M	0.211M	0.289M	0.097M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	0.488M	71.70M	8.406M	19.88M	4.164M	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	0.488M	71.70M	8.406M	19.88M	4.164M	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	40.25	38.58	39.98	39.84	34.54	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	39.35	37.91	39.32	39.22	33.74	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.01	1.91	0.21	0.51	0.12	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.01	1.87	0.21	0.50	0.12	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro