SMART Technologies Inc.
Period Ending Mar 31, 2014 Mar 31, 2013 Mar 31, 2012 Mar 31, 2011
Total Revenue 589,201 589,370 745,800 790,055
Cost of Revenue 334,811 327,801 410,160 399,176
Gross Profit 254,390 261,569 335,640 390,879
Operating Expenses
Research and Development 41,253 48,811 50,032 51,431
Sales, General and Admin. 120,991 170,871 180,837 182,910
Non-Recurring Items 5,891 57,141 13,375 -
Other 38,724 30,761 30,832 31,782
Operating Income 51,678 (46,103) 60,544 124,756
Income From Continuing Operations
Add'l Income/Expense Items (5,021) (4,697) (8,028) 11,020
Earnings Before Interest and Tax 42,510 (50,712) 52,536 135,776
Interest Expense 21,446 12,761 14,576 31,618
Earnings Before Tax 21,064 (63,473) 37,960 104,158
Income Tax 520 (8,978) 6,916 35,312
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 20,544 (54,495) 31,044 68,846
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 20,544 (54,495) 31,044 68,846
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 20,544 (54,495) 31,044 68,846