Panhandle Oil and Gas 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	10.44M	13.40M	12.41M	11.69M	10.98M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	2.437M	3.017M	2.401M	2.899M	2.794M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	8.000M	13.40M	10.01M	8.790M	8.183M	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	1.606M	1.698M	1.466M	1.423M	1.466M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	4.941M	4.142M	3.930M	3.716M	3.631M	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)	-0.2468M	-0.2865M	-0.8983M	0.0472M	-0.8145M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	9.231M	9.143M	8.695M	7.991M	8.706M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	1.206M	4.261M	3.714M	3.697M	2.271M	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	1.206M	4.261M	3.720M	3.691M	2.271M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	0.53M	0.849M	1.076M	1.041M	0.499M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	0.676M	3.412M	2.644M	2.650M	1.772M	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	0.676M	3.412M	2.644M	2.650M	1.772M	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	0.676M	3.412M	2.644M	2.650M	1.772M	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	8.384	8.387	8.394	8.256	8.401	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	8.25	8.387	8.394	8.256	8.281	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.08	0.41	0.31	0.32	0.21	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.08	0.41	0.31	0.32	0.21	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro