KVH Industries, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 162,288 137,112 112,536 112,243
Cost of Revenue 96,576 82,138 67,568 67,434
Gross Profit 65,712 54,974 44,968 44,809
Operating Expenses
Research and Development 12,987 12,147 11,548 10,715
Sales, General and Admin. 46,556 36,257 34,028 28,554
Non-Recurring Items - - - -
Other - - - -
Operating Income 6,169 6,570 (608) 5,540
Income From Continuing Operations
Add'l Income/Expense Items 1,151 596 1,207 325
Earnings Before Interest and Tax 7,320 7,166 599 5,865
Interest Expense 637 323 223 204
Earnings Before Tax 6,683 6,843 376 5,661
Income Tax 2,150 3,263 (484) (2,612)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 4,533 3,580 860 8,273
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 4,533 3,580 860 8,273
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 4,533 3,580 860 8,273