HAUP..
"Fiscal 2007 fourth quarter net income was $1,644,263, including a tax benefit of $1,490,689 due to a reduction in the deferred tax asset valuation allowance. Excluding the reduction in the deferred tax asset valuation allowance, the Company recorded net income of $153,574 for the fourth quarter of fiscal 2007, compared to net income of $50,920 for the fourth quarter of fiscal 2006, an increase of approximately 202%. Net income per share for the fourth quarter of fiscal 2007, including the reduction in the deferred tax asset valuation allowance, was $0.17 and $0.16 on a basic and diluted basis. Net income per share, excluding the reduction in the deferred tax asset valuation allowance, was $0.02 on a basic and diluted basis for the fourth quarter of fiscal 2007 compared to net income per share of $0.01 on a basic and diluted basis for the prior year’s fourth fiscal quarter. "
was $0.02 on a basic and diluted basis for the fourth quarter of fiscal 2007 compared to net income per share of $0.01 on a basic and diluted basis for the prior year’s fourth fiscal quarter.
Hank
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