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Exponent Reports Third Quarter 2008 Results
Date:10/15/2008

26, 28, 26, 28,

2008 2007 2008 2007

Revenues

Revenues before reimbursements $51,751 $44,916 $154,574 $136,165

Reimbursements 6,979 3,988 15,372 12,249

Revenues 58,730 48,904 169,946 148,414

Operating expenses

Compensation and related expenses 33,097 29,268 99,804 89,497

Other operating expenses 5,620 5,484 16,636 15,926

Reimbursable expenses 6,979 3,988 15,372 12,249

General and administrative

expenses 3,346 2,701 9,542 8,760

49,042 41,441 141,354 126,432

Operating income 9,688 7,463 28,592 21,982

Other income

Interest income, net 397 407 1,362 1,351

Miscellaneous income, net (43) 433 247 1,636

354 840 1,609 2,987

Income before income taxes 10,042 8,303 30,201 24,969

Income taxes 4,100 3,266 12,119 9,875

Net income $5,942 $5,037 $18,082 $15,094

Net income per share:

Basic $0.40 $0.34 $1.21 $1.00

Diluted $0.38 $0.31 $1.13 $0.92

Shares used in per share

computations:

Basic 14,736 14,902 14,890 15,048

Diluted 15,709 16,163 15,937 16,372

EXPONENT, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

September 26,
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SOURCE Exponent, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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