TELEPHONE AND DATA SYSTEMS, INC.

TDS ·Communication Services, Telecom Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008
Revenue $5.02B $5.09B
Cost of Revenue $1.87B $1.85B
Gross Profit $3.15B $3.24B
Gross Margin 62.7% 63.6%
Operating Expenses
Research & Development
SG&A Expense $1.96B $1.93B
Operating Income $407.8M $128.7M
Operating Margin 8.1% 2.5%
Interest Expense $126.2M $139.3M
Pretax Income $385.5M
Income Tax Expense $135.5M $34.3M
Net Income $191.3M $88.5M
Net Margin 3.8% 1.7%
EPS (Basic) $1.67 $0.76
EPS (Diluted) $1.67 $0.76
Shares Outstanding (Basic) 114.4M 115.8M
Shares Outstanding (Diluted) 114.6M 116.3M
Dividends Per Share $0.43 $0.41
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