SSTR » Topics » Interest Income

These excerpts taken from the SSTR 10-Q filed Feb 20, 2009.

Interest Income

Interest income of $.009 million was recorded for the three months ended December 31, 2008 as compared to interest income of $.076 million for the comparable quarter of the previous year. The decrease is primarily the result of the Company’s average lower cash balances.

Interest Income

Interest income of $.031 million was recorded for the six months ended December 31, 2008 as compared to interest income of $.146 million for the comparable period of the previous year. The decrease is primarily the result of the Company’s average lower cash balances.

These excerpts taken from the SSTR 10-K filed Oct 14, 2008.

Interest Income

Interest income of approximately $484,000 was recorded during the fiscal year 2007 as compared to interest income of approximately $633,000 in the prior fiscal year. The decrease of approximately $149,000 is primarily the result of the Company’s decrease in the average cash balances held during fiscal year 2007 as compared to the prior fiscal year.

Interest Income



Interest income of approximately $484,000 was recorded during the fiscal year 2007 as compared to interest income of approximately $633,000 in the prior fiscal year. The decrease of approximately $149,000 is primarily the result of the Company’s decrease in the average cash balances held during fiscal year 2007 as compared to the prior fiscal year.



This excerpt taken from the SSTR 10-Q filed May 15, 2008.

Interest Income

Interest income of $187 thousand was recorded for the first nine months of fiscal 2008 as compared to interest income of $405 thousand for the comparable nine months of the previous year. The decrease of $218 thousand is primarily the result of the Company’s average lower cash balances.

This excerpt taken from the SSTR 10-Q filed Feb 14, 2008.

Interest Income

Interest income of $146 thousand was recorded for the first six months of fiscal 2008 as compared to interest income of $314 thousand for the comparable six months of the previous year. The decrease of $168 thousand is primarily the result of the Company’s average lower cash balances.

This excerpt taken from the SSTR 10-Q filed Nov 14, 2007.

Interest Income

Interest income of $69,000 was recorded for the first quarter of fiscal 2008 as compared to interest income of $ 155,000 for the comparable quarter of the previous year. The decrease of $86,000 is primarily the result of the Company’s average lower cash balances.

This excerpt taken from the SSTR 10-K filed Sep 28, 2007.

Interest Income

Interest income of $633,000 was recorded during fiscal 2006 as compared to interest income of $587,000 in fiscal 2005. Interest income is primarily earned on cash balances as well as on notes receivable from the sale of our South African businesses. Interest income is, therefore affected by the fluctuation of movements in the US and South African interest rates as well as by the fluctuation of the South African Rand against the US dollar.

This excerpt taken from the SSTR 10-Q filed May 15, 2007.

Interest Income

Interest income of approximately $405,000 was recorded during the nine months ended March 31, 2007 as compared to interest income of approximately $325,000 in the prior year’s comparable period. The increase of approximately $80,000 is primarily the result of the Company’s increase in the average cash balances held during the nine months ended March 31, 2007 as compared to the same period last year.

This excerpt taken from the SSTR 10-Q filed Mar 2, 2007.

Interest Income

Interest income of approximately $315,000 was recorded during the six months ended December 31, 2006 as compared to interest income of approximately $189,000 in the prior year’s comparable period. The increase of approximately $126,000 is primarily the result of the Company’s increase in the average cash balances held during the six months ended December 31, 2006 as compared to December 31, 2005.

This excerpt taken from the SSTR 10-Q filed Nov 14, 2006.

Interest Income

Interest income of $155,000 was recorded during the three months ended September 30, 2006 as compared to interest income of $84,000 in the prior year. The increase of $78,000 is primarily the result of the Company’s increase in cash balances at September 30, 2006 as compared to September 30, 2005.

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