magicJack VocalTec Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 143,492 158,362 110,450 119,678
Cost of Revenue 49,094 61,325 51,181 57,173
Gross Profit 94,398 97,037 59,269 62,505
Operating Expenses
Research and Development 5,661 2,594 2,716 3,991
Sales, General and Admin. 41,291 50,878 61,198 60,807
Non-Recurring Items - - - -
Other - - - -
Operating Income 47,446 43,565 (4,645) (2,293)
Income From Continuing Operations
Add'l Income/Expense Items 1,056 86 1,955 852
Earnings Before Interest and Tax 47,455 47,301 (498) (1,441)
Interest Expense 307 411 277 146
Earnings Before Tax 47,148 46,890 (775) (1,587)
Income Tax (23,163) (8,961) 61 (32)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary (1,047) 3,650 2,192 -
Net Income Cont. Operations 69,264 59,501 1,356 (1,555)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 70,311 55,851 (836) (1,555)
Preferred Stock and Other Adjustments - - (955) -
Net Income Applicable to Common Shareholders 70,311 55,851 (1,791) (1,555)