SM Energy Company 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	377.42M	379.54M	530.57M	377.87M	315.33M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	87.13M	93.20M	77.75M	53.34M	65.81M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	290.29M	286.34M	452.82M	324.53M	249.52M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense	18.61M	19.95M	11.27M	9.603M	12.71M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	28.14M	35.57M	29.79M	27.31M	25.86M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	169.57M	167.30M	123.07M	115.38M	105.36M	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)	-17.75M	-243.66M	84.09M	39.47M	-125.56M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	321.20M	559.68M	157.79M	166.17M	335.30M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	56.22M	-180.14M	372.79M	211.71M	-19.97M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-14.21M	-12.13M	-9.345M	-14.32M	-9.586M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	42.02M	-192.27M	363.44M	197.38M	-29.56M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	15.68M	-71.56M	133.35M	72.85M	-11.06M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	26.34M	-120.71M	230.10M	124.53M	-18.50M	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	26.34M	-120.71M	230.10M	124.53M	-18.50M	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	26.34M	-120.71M	230.10M	124.53M	-18.50M	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	67.84	67.56	67.39	66.91	63.45	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	64.10	63.76	63.90	63.64	63.45	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.41	-1.89	3.60	1.96	-0.29	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.39	-1.79	3.41	1.86	-0.29	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro