(in thousands, except share and per share data) Notes to Consolidated Financial Statements Geographic Area Information Revenue and long-lived assets, by geographic area, are as follows: Summarized quarterly results for the two years ended December 31, 2004 are as follows: (1) The sum of the quarterly basic EPS does not equal full year EPS due to rounding. (2) Includes split-off costs of approximately $2,010 in the first quarter of 2003. On April 16, 2005, the Company acquired substantially all the assets of Fathom Solutions, LLC (“Fathom”), a U.S. based company specializing in IT consulting in the telecommunications and financial services industries, for initial consideration of approximately $19 million in cash and stock and $16 million of consideration contingent on achieving certain financial and operating targets over the two years ended April 30, 2007.  One customer, JPMorgan Chase, accounted for 13.7% and 10.1% of revenues in 2004 and 2003, respectively. No third party customer accounted for revenues in excess of 10% of revenues in 2002. (1)Revenues are attributed to regions based upon customer location. (2)Substantially all relates to operations in the United States. (3)Includes revenue from operations in United Kingdom of $61,223, $37,323 and $25,785 in 2004, 2003 and 2002, respectively. (4)Long-lived assets include property and equipment and intangible assets, net of accumulated depreciation and amortization, respectively, and goodwill. (5)Substantially all of these long-lived assets relate to the Company’s operations in India. 14. Subsequent Event (Unaudited) 13. Quarterly Financial Data (Unaudited) Operating revenue $119,744 $138,719 $155,429 $172,781 $586,673 Gross profit $ 54,734 $ 63,161 $ 70,844 $ 78,124 $266,863 Income from operations $ 23,687 $ 27,790 $ 30,872 $ 35,271 $117,620 Net income $ 19,788 $ 23,801 $ 26,052 $ 30,602 $100,243 Basic EPS $ 0.15 $ 0.18 $ 0.20 $ 0.23 $ 0.77 (1) Diluted EPS $ 0.14 $ 0.17 $ 0.18 $ 0.21 $ 0.70 Three Months Ended 2004 March 31 June 30 September 30 December 31 Full Year 2004 Revenues (1) $508,432 $ 73,707 $ 4,534 $586,673 Long-lived assets (4) $ 16,105 $ 8,483 $ 87,944 $112,532 2003 Revenues (1) $ 325,337 $ 40,160 $ 2,734 $ 368,231 Long-lived assets (4) $ 16,880 $ 7,724 $ 54,747 $ 79,351 2002 Revenues (1) $ 199,605 $ 27,886 $ 1,595 $ 229,086 Long-lived assets (4) $ 14,186 $ 3,084 $ 35,568 $ 52,838 North America (2) Europe (3) Asia (5) Total T Operating Revenue $ 74,516 $ 87,446 $ 98,111 $108,158 $368,231 Gross Profit $ 33,557 $ 40,247 $ 45,143 $ 49,560 $168,507 Income from Operations $ 14,524 $ 17,128 $ 19,274 $ 21,386 $ 72,312 Net Income $ 10,178 (2) $ 13,502 $ 15,960 $ 17,725 $ 57,365 (2) Basic EPS $ 0.08 $ 0.11 $ 0.13 $ 0.14 $ 0.46 Diluted EPS $ 0.07 $ 0.10 $ 0.12 $ 0.13 $ 0.42 Three Months Ended 2003 March 31 June 30 September 30 December 31 Full Year 43 COGNIZANT ANNUAL REPORT 2004