Landstar System 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	649.41M	717.93M	684.39M	675.95M	572.51M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	543.15M	604.36M	573.29M	563.99M	475.55M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	106.26M	113.57M	111.10M	111.97M	96.96M	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	49.89M	49.32M	48.59M	49.23M	48.53M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	6.74M	6.478M	6.549M	6.388M	6.399M	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)	-6.472M	-6.815M	-6.427M	-7.679M	-7.944M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	606.26M	666.98M	634.85M	627.28M	538.42M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	43.15M	50.95M	49.53M	48.67M	34.09M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-0.724M	-0.772M	-0.735M	-0.777M	-0.828M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	42.43M	50.18M	48.80M	47.89M	33.26M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	15.58M	17.55M	18.64M	18.30M	12.71M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	26.85M	32.63M	30.16M	29.60M	20.56M	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	26.85M	32.63M	30.16M	29.60M	20.56M	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	26.85M	32.63M	30.16M	29.60M	20.62M	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	47.06	47.52	47.39	47.91	47.90	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	46.80	47.44	47.36	47.78	47.87	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.57	0.69	0.64	0.62	0.43	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.57	0.69	0.64	0.62	0.43	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro