KSW .Inc (KSW)

[buhg1b]

Net income

As a result of all the items above, the Company reported net income of $3,662,000, or $.59 per share-basic and diluted, for the year ended December 31, 2007.

As a result of all the items above, the Company reported net income of $3,108,000, or $.52 per share-basic and $.51 per share-diluted, for the year ended December 31, 2006.

During the fourth quarter of 2006, the Company reversed the allowance for doubtful accounts, which increased net income by approximately $107,000 or $.02 per share-basic and diluted.

Year Ended December 31, 2006 compared to Year Ended December 31, 2005