39 CONSOLIDA TED STATEMENTS OF EARNINGS For the Years Ended September 30, 2002, 2001 and 2000 (In thousands, except per share information) For the Years Ended September 30, 2002, 2001 and 2000 (In thousands) CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 2002 2001 2000 Revenues $ 4,555,661 $ 3,956,993 $ 3,418,942 Costs and Expenses: Direct costs of contracts (3,971,984 ) (3,452,320) (2,983,247) Selling, general and administrative expenses (411,307 ) (360,821) (311,082) Operating Profit 172,370 143,852 124,613 Other (Expense) Income: Interest income 2,359 3,718 3,961 Interest expense (7,496) (11,705) (11,420) Miscellaneous income, net 1,521 2,341 2,168 Provision for litigation settlement - - (38,000) Total other expense, net (3,616) (5,646) (43,291) Earnings Before Taxes 168,754 138,206 81,322 Income Tax Expense (59,064 ) (50,446) (30,341) Net Earnings $ 109,690 $ 87,760 $ 50,981 Net Earnings Per Share: Basic $ 2.03 $ 1.65 $ 0.97 Diluted $ 1.98 $ 1.61 $ 0.96 2002 2001 2000 Cash Flows from Operating Activities: Net earnings $ 109,690 $ 87,760 $ 50,981 Depreciation and amortization of property, equipment and improvements 35,087 31,388 33,192 Amortization of goodwill - 7,552 6,906 Other, net (primarily changes in the working capital accounts) 15,986 (111,592) (9,778) Net cash provided by operating activities 160,763 15,108 81,301 Cash Flows from Investing Activities: Acquisitions of businesses, net of cash acquired (43,529 ) (28,605) (27,284) Net additions to property and equipment (31,806 ) (26,945) (41,012) Other, net (17,196 ) (8,078) (38,409) Net cash used for investing activities (92,531 ) (63,628) (106,705) Cash Flows from Financing Activities: Net (repayments of) proceeds from long-term borrowings (117,899 ) 16,887 25,656 Proceeds from issuances of common stock 21,672 18,198 16,006 Purchases of common stock for treasury (2,003) (9,523) (13,714) Other, net 33,527 6,589 14,899 Net cash (used for) provided by financing activities (64,703 ) 32,151 42,847 Effect of Exchange Rate Changes (4,323) (216) (5,077) (Decrease) Increase in Cash and Cash Equivalents (794) (16,585) 12,366 Cash and Cash Equivalents at Beginning of Period 49,263 65,848 53,482 Cash and Cash Equivalents at End of Period $ 48,469 $ 49,263 $ 65,848 Other Cash Flow Information: Interest paid $ 6,156 $ 11,070 $ 11,820 Income taxes paid $ 41,138 $ 29,595 $ 19,527