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Exponent Reports Strong Third Quarter 2007 Results
Date:10/17/2007

sidered in addition to, and not as a substitute

or superior to, operating income, cash flows, or other measures of

financial performance prepared in accordance with GAAP. A

reconciliation of EBITDAS to GAAP is set forth below.

EXPONENT, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

For the Quarters Ended September 28, 2007 and September 29, 2006

(in thousands, except per share data)

Quarter Ended Nine Months Ended

September September September September

28, 29, 28, 29,

2007 2006 2007 2006

Revenues

Revenues before reimbursements $44,916 $40,049 $136,165 $118,721

Reimbursements 3,988 3,284 12,249 8,293

Revenues 48,904 43,333 148,414 127,014

Operating expenses

Compensation and related

expenses 29,268 26,881 89,497 79,671

Other operating expenses 5,484 4,870 15,926 14,602

Reimbursable expenses 3,988 3,284 12,249 8,293

General and administrative

expenses 2,701 2,695 8,760 8,127

41,441 37,730 126,432 110,693

Operating income 7,463 5,603 21,982 16,321

Other income

Interest income, net 407 430 1,351 1,461

Miscellaneous income, net 433 378 1,636 879

840 808 2,987 2,340

Income before income taxes 8,303 6,411 24,969 18,6
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SOURCE Exponent, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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