Forward Air 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	137.08M	148.26M	135.75M	132.19M	120.20M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	86.30M	81.33M	84.53M	81.54M	77.11M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	50.78M	66.93M	51.22M	50.65M	43.09M	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	2.798M	2.658M	2.12M	1.845M	2.175M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	5.121M	5.26M	5.429M	5.222M	5.082M	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)	-26.07M	-35.38M	-23.35M	-23.70M	-22.55M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	120.29M	124.63M	115.43M	112.32M	106.92M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	16.79M	23.63M	20.32M	19.88M	13.29M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-0.034M	-0.135M	-0.121M	-0.11M	-0.179M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	16.76M	23.49M	20.20M	19.77M	13.11M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	6.482M	9.044M	7.287M	7.797M	5.238M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	10.27M	14.45M	12.91M	11.97M	7.869M	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	10.27M	14.45M	12.91M	11.97M	7.869M	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	10.27M	14.45M	12.91M	11.97M	7.869M	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	29.36	29.44	29.55	29.85	29.37	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	28.69	29.05	29.24	29.34	29.14	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.36	0.50	0.44	0.41	0.27	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.35	0.49	0.44	0.40	0.27	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro