EEI 2017 Form 10-K

Table of Contents Ecology and Environment, Inc. Consolidated Statements of Operations (amounts in thousands, except share data) Fiscal Year Ended July 31, 2017 2016 2015 Revenue, net $ 104,502 $ 105,817 $ 126,935 Cost of professional services and other direct operating expenses 38,334 38,912 47,500 Subcontract costs 18,379 18,550 23,327 Administrative and indirect operating expenses 30,576 31,769 35,604 Marketing and related costs 10,245 11,301 11,433 Depreciation and amortization 1,040 1,143 1,467 Income from operations 5,928 4,142 7,604 Interest income (expense) 17 (73) (31) Proxy contest costs, net (375) - - Net foreign exchange (loss) gain (91) 44 134 Other (expense) income (54) (104) 262 Gain on insurance settement - 358 - Income before income tax provision 5,425 4,367 7,969 Income tax provision 2,472 3,759 3,769 Net income $ 2,953 $ 608 $ 4,200 Net loss (income) attributable to the noncontrolling interest 62 278 (804) Net income attributable to Ecology and Environment, Inc. $ 3,015 $ 886 $ 3,396 Net income per common share: basic and diluted $ 0.70 $ 0.21 $ 0.79 Weighted average common shares outstanding: basic and diluted 4,294,501 4,289,993 4,287,775 The accompanying notes are an integral part of these consolidated financial statements. 33