Air T, Inc.
Period Ending Mar 31, 2014 Mar 31, 2013 Mar 31, 2012 Mar 31, 2011
Total Revenue 100,772 103,064 89,382 83,362
Cost of Revenue 84,567 88,496 75,632 69,072
Gross Profit 16,205 14,568 13,750 14,290
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 12,844 11,303 11,335 10,589
Non-Recurring Items - - - (103)
Other 752 533 364 366
Operating Income 2,633 2,728 2,074 3,438
Income From Continuing Operations
Add'l Income/Expense Items 50 (3) 45 132
Earnings Before Interest and Tax 2,659 2,730 2,096 3,570
Interest Expense - - - 1
Earnings Before Tax 2,659 2,730 2,096 3,569
Income Tax 1,192 1,060 746 1,431
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,467 1,670 1,350 2,138
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,467 1,670 1,350 2,138
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 1,467 1,670 1,350 2,138