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administrative 21,594 29,167 64,575 89,062
Antitrust litigation 508 46 982 491
Total operating expenses 28,642 35,233 83,012 107,851
Operating income 16,925 20,506 50,368 51,240
Non-operating income (expense):
Interest income 726 545 1,270 2,129
Interest expense (719) (19) (1,831) (722)
Other 559 (413) 770 (235)
Total non-operating income (expense) 566 113 209 1,172
Income before provision for income
taxes 17,491 20,619 50,577 52,412
Provision for income taxes 6,941 7,554 20,377 19,955
Net income 10,550 13,065 30,200 32,457
Accretion of preferred stock (925) - (4,837) -
Undistributed income attributable to
preferred stockholders (2,739) - (13,526) -
Net income attributable to common
stockholders $6,886 $13,065 $11,837 $32,457
Net income per common share:
Basic $0.18 $0.23 $0.49 $0.58
Diluted $0.16 $0.22 $0.40 $0.54
The following table presents details of the stock based compensation
expense that is included in each functional line item in the condensed
consolidated statements of income above (in thousands):
Three Months Ended Nine Months Ended
September September September September
29, 27, 29, 27,
2007 2008
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