Question

Complete a horizontal and vertical analysis of the IncomeStatements (below) for the past three years (with all yearlybalances set as a percentage of total revenues for that year), inspreadsheet format.

All numbers in thousands

Period Ending		Sep 26, 2015	Sep 27, 2014	Sep 28, 2013
Total Revenue		233,715,000	182,795,000	170,910,000
Cost of Revenue		140,089,000	112,258,000	106,606,000
Gross Profit		93,626,000	70,537,000	64,304,000
	Operating Expenses
	Research Development	8,067,000	6,041,000	4,475,000
	Selling General and Administrative	14,329,000	11,993,000	10,830,000
	Non Recurring	-	-	-
	Others	-	-	-
	Total Operating Expenses	-	-	-
Operating Income or Loss		71,230,000	52,503,000	48,999,000
	Income from Continuing Operations
	Total Other Income/Expenses Net	1,285,000	980,000	1,156,000
	Earnings Before Interest And Taxes	72,515,000	53,483,000	50,155,000
	Interest Expense	-	-	-
	Income Before Tax	72,515,000	53,483,000	50,155,000
	Income Tax Expense	19,121,000	13,973,000	13,118,000
	Minority Interest	-	-	-
	Net Income From Continuing Ops	53,394,000	39,510,000	37,037,000
	Non-recurring Events
	Discontinued Operations	-	-	-
	Extraordinary Items	-	-	-
	Effect Of Accounting Changes	-	-	-
	Other Items	-	-	-
Net Income		53,394,000	39,510,000	37,037,000
Preferred Stock And Other Adjustments		-	-	-
Net Income Applicable To CommonShares		53,394,000	39,510,000	37,037,000