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<SEC-DOCUMENT>0000943440-10-000581.txt : 20101019
<SEC-HEADER>0000943440-10-000581.hdr.sgml : 20101019
<ACCEPTANCE-DATETIME>20101019112843
ACCESSION NUMBER:		0000943440-10-000581
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20101018
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20101019
DATE AS OF CHANGE:		20101019

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PETMED EXPRESS INC
		CENTRAL INDEX KEY:			0001040130
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-DRUG STORES AND PROPRIETARY STORES [5912]
		IRS NUMBER:				650680967
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			0330

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28827
		FILM NUMBER:		101129625

	BUSINESS ADDRESS:	
		STREET 1:		1441 SW 29 AVENUE
		CITY:			POMPANO BEACH
		STATE:			FL
		ZIP:			33069
		BUSINESS PHONE:		9549794788

	MAIL ADDRESS:	
		STREET 1:		1441 SW 29 AVENUE
		CITY:			POMPANO BEACH
		STATE:			FL
		ZIP:			33069
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>pets101810_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Form 8-K</TITLE>
<META NAME="author" CONTENT="Karen Fornash">
<META NAME="date" CONTENT="10/19/2010">
</HEAD>
<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<A NAME="eolPage1"></A><P style="margin:0px">&nbsp;<A NAME="FIS_TOP_OF_DOCUMENT"></A>&nbsp;<A NAME="B416715_8K_HTM"></A>&nbsp;<A NAME="FIS_FORM"></A>&nbsp;<A NAME="FIS_UNIDENTIFIED_TABLE"></A></P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial" align=center><B>FORM 8-K</B></P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial" align=center><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial" align=center>Date of report (Date of earliest event reported): October 18, 2010</P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=24.267 /><TD width=129.333 /><TD width=153.6 /><TD width=153.6 /><TD width=153.6 /><TD width=153.6 /></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding-right:1.067px; font-family:Arial">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=743.733 colspan=5><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>PetMed Express, Inc.<BR>
</U></B> (Exact name of registrant as specified in its charter)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6 colspan=2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6 colspan=2><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>Florida</U></B></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>000-28827</U></B></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center><B><U>65-0680967</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6 colspan=2><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center>(State or other jurisdiction<BR>
of incorporation)</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center>(Commission<BR>
File Number)</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=153.6><P style="margin:0px; padding-right:1.067px; font-family:Arial" align=center>(I.R.S. Employer<BR>
Identification No.)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR>
<BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=768 /></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center><B><U>1441 S.W. 29</U></B><B><U><SUP>th</SUP></U></B><B><U> Avenue, &nbsp;Pompano Beach, FL &nbsp;33069</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center>(Address of principal executive offices) (Zip Code)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR>
<BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=751.4 /><TD width=16.6 /></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=751.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center><B><U>(954) 979-5995</U></B></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=16.6><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=751.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center>(Registrant&#146;s telephone number, including area code)</P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=16.6><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR>
<BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=768 /></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center><B><U>Not Applicable</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=768><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman" align=center>(Former name or former address, if changed since last report)</P>
</TD></TR>
</TABLE>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial,Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=24.267 /><TD width=743.733 /></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Arial,Times New Roman">[ &nbsp;]</P>
</TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Arial,Times New Roman">[ &nbsp;]</P>
</TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Arial,Times New Roman">[ &nbsp;]</P>
</TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; font-family:Arial,Times New Roman">[ &nbsp;]</P>
</TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=743.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><A NAME="eolPage2"></A></TR>
</TABLE>
<P style="margin-top:12.533px; margin-bottom:0px"><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial,Times New Roman"><B>Item 8.01&nbsp;&nbsp;&nbsp;Other Events.</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:24px; font-family:Arial,Times New Roman" align=justify>On October 18, 2010, PetMed Express, Inc. issued a press release announcing its September 30, 2010 quarter end financial results. &nbsp;A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial,Times New Roman"><B>Item 9.01&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.</B></P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:77.733px; font-family:Arial,Times New Roman; float:left">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-2px; width:24.2px; font-family:Arial,Times New Roman; float:left">(d)</P>
<P style="margin:0px; padding-right:1.067px; text-indent:-2px; font-family:Arial,Times New Roman">Exhibits.</P>
<P style="margin-top:0px; margin-bottom:-2px; width:77.733px; font-family:Arial,Times New Roman; clear:left; float:left">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-2px; width:24.2px; float:left">&nbsp;</P>
<P style="margin:0px; padding-right:1.067px; text-indent:-2px">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-2px; width:77.733px; font-family:Arial,Times New Roman; clear:left; float:left">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-2px; width:24.2px; float:left">&nbsp;</P>
<P style="margin:0px; padding-right:1.067px; text-indent:-2px; font-family:Arial,Times New Roman">99.1 &#150; Press release dated October 18, 2010</P>
<A NAME="FIS_EXHIBIT_INDEX"></A><P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial,Times New Roman; clear:left" align=center><B>EXHIBIT INDEX</B></P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-2px; width:80.8px; font-family:Arial,Times New Roman; float:left"><U>Exhibit No.</U></P>
<P style="margin-top:0px; margin-bottom:-2px; width:17.133px; float:left"><FONT style="font-family:Arial,Times New Roman">&nbsp;</FONT></P>
<P style="margin:0px; padding-right:1.067px; text-indent:-2px; font-family:Arial,Times New Roman"><U>Description</U>&nbsp;</P>
<P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman; clear:left">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-2px; width:80.8px; font-family:Arial,Times New Roman; float:left">99.1</P>
<P style="margin-top:0px; margin-bottom:-2px; width:17.133px; float:left">&nbsp;</P>
<P style="margin:0px; padding-right:1.067px; text-indent:-2px; font-family:Arial,Times New Roman">Press release dated October 18, 2010&nbsp;</P>
<A NAME="FIS_SIGNATURES"></A><P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial,Times New Roman; clear:left" align=center><B>SIGNATURES</B></P>
<P style="margin-top:12.533px; margin-bottom:0px; text-indent:48px; font-family:Arial,Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin-top:12.533px; margin-bottom:0px; font-family:Arial,Times New Roman">Dated: October 19, 2010</P>
<P style="line-height:11.25pt; margin:0px"><BR></P>
<DIV align=right><TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=383.333 /><TD width=46.4 /><TD width=338.267 /></TR>
<TR><TD style="margin-top:0px" valign=top width=383.333><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=384.667 colspan=2><P style="margin:0px; padding-right:2.4px; font-family:Arial,Times New Roman">PETMED EXPRESS, INC.</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=383.333><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=338.267><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=383.333><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">By:</P>
</TD><TD style="margin-top:0px" valign=top width=338.267><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman"><U>/s/ Bruce S. Rosenbloom</U></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=383.333><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Name:</P>
</TD><TD style="margin-top:0px" valign=top width=338.267><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Bruce S. Rosenbloom</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=383.333><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=46.4><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Title:</P>
</TD><TD style="margin-top:0px" valign=top width=338.267><P style="margin:0px; padding-right:1.067px; font-family:Arial,Times New Roman">Chief Financial Officer</P>
</TD></TR>
</TABLE></DIV>
<P style="line-height:1.5pt; margin-top:15px; margin-bottom:0px" align=center><BR></P>
<P style="line-height:1.5pt; margin-top:15px; margin-bottom:0px" align=center><BR></P>
<P style="line-height:1.5pt; margin-top:15px; margin-bottom:0px" align=center><BR></P>
<P style="line-height:1.5pt; margin-top:15px; margin-bottom:0px" align=center><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR></P>
<P style="margin:0px; font-size:12pt" align=center>2</P>
<P style="margin:0px"><BR></P>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>pets101810fm8k_ex99z1.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Exhibit 99</TITLE>
<META NAME="author" CONTENT="Karen Fornash">
<META NAME="date" CONTENT="10/19/2010">
</HEAD>
<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-right:1.067px; font-family:Arial" align=right>Exhibit 99.1</P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:Arial" align=center><B>PETMED EXPRESS D/B/A 1-800-PETMEDS</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:Arial" align=center><B>ANNOUNCES ITS SECOND QUARTER FINANCIAL RESULTS</B></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>Pompano Beach, Florida, October 18, 2010 - PetMed Express, Inc. (NASDAQ: PETS) today announced its financial results for the quarter ended September 30, 2010. &nbsp;Net sales for the quarter ended September 30, 2010 were $61.2 million, compared to $62.4 million for the quarter ended September 30, 2009, a decrease of 1.9%. &nbsp;Net sales for the six months ended September 30, 2010 were $135.6 million, compared to $139.6 million for the quarter ended September 30, 2009, a decrease of 2.9%. &nbsp;Net income was $5.0 million, or $0.22 diluted per share, for the quarter ended September 30, 2010, compared to net income of $6.3 million, or $0.28 diluted per share, for the quarter ended September 30, 2009, a 20% decrease to EPS. &nbsp;Net income was $12.2 million, or $0.54 diluted per share, for the six months ended September 30, 2010, compared to net income of $14.3 million, or $0.63 diluted per share, for the six months ended September 30, 
2009, a 15% decrease to EPS. &nbsp;Reorder sales increased by 4.6%, from $45.8 million to $47.9 million for the quarters ended September 30, 2009 and 2010, respectively. &nbsp;Reorder sales for the six months ended September 30, 2010 were $105.5 million, compared to $99.8 million for the six months ended September 30, 2009, an increase of 5.7%.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>Menderes Akdag, President and CEO, commented: &#147;It has been another challenging quarter due to our having to pay more to advertise, combined with consumers giving greater consideration to price and reducing their usage of the product categories we offer. &nbsp;Our online sales continued to increase, by 4.1% to $43.9 million for the quarter compared to $42.2 million for the prior quarter, with approximately 72% of our orders being generated from our website during the quarter compared to 67% in the prior quarter. &nbsp;During the quarter we bought back approximately 222,000 shares of our own common shares for $3.5 million, and increased our quarterly dividend, from $0.10 per share to $0.125 per share, an increase of 25%. &nbsp;Our focus in fiscal 2011 continues to be conversion optimization, and the expansion of our product offerings into pet supplies.&#148;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>This morning at 8:30 A.M. Eastern Time, Mr. Akdag will host a conference call to review the quarter&#146;s financial results. &nbsp;To access the call, which is open to the public, please dial (888) 455-1758 (toll free) or (210) 234-0009. &nbsp;Callers will be required to supply PETMEDS as the passcode. &nbsp;For those unable to participate in the live event, the call will be available for replay from 10:00 A.M. on October 18, 2010 until November 1, 2010 at 11:59 P.M. &nbsp;To access the replay, call (800) 839-2280 (toll free) or (203) 369-3641, and enter passcode 5500.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>Founded in 1996, PetMed Express is America&#146;s Largest Pet Pharmacy, delivering prescription and non-prescription pet medications and other health products for dogs, cats, and horses at competitive prices direct to the consumer through its 1-800-PetMeds toll free number and on the Internet through its website at <FONT style="color:#0000FF"><U>www.1800petmeds.com</U></FONT>.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>This press release may contain &#147;forward-looking&#148; statements, as defined in the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission, that involve a number of risks and uncertainties, including the Company&#146;s ability to meet the objectives included in its business plan. &nbsp;Important factors that could cause results to differ materially from those indicated by such &#147;forward-looking&#148; statements are set forth in Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations in the PetMed Express Annual Report on Form 10-K for the year ended March 31, 2010. &nbsp;The Company&#146;s future results may also be impacted by other risk factors listed from time to time in its SEC filings, including, but not limited to, the Company's Form 10-Q and its Annual Report on Form 10-K.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=justify>For investment relations contact PetMed Express, Inc., Bruce S. Rosenbloom, CFO, 954-979-5995.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=center>###</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=center>Exhibit 99.1 Page 1 of 4</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>PETMED EXPRESS, INC. AND SUBSIDIARIES</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>CONDENSED CONSOLIDATED BALANCE SHEETS</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:9pt" align=center><B>(In thousands)</B></P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=510.933 /><TD width=21.2 /><TD width=107.333 /><TD width=21.2 /><TD width=107.333 /></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; font-family:Arial" align=center><B>September 30,</B></P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; font-family:Arial" align=center><B>March 31,</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin:0px; font-family:Arial" align=center><B>2010</B></P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin:0px; font-family:Arial" align=center><B>2010</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; font-family:Arial" align=center><B>(Unaudited)</B></P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial" align=center><B><U>ASSETS</U></B></P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">Current assets:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Cash and cash equivalents</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>60,506&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>53,143&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Short term investments - available for sale</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>10,097&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>-&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Accounts receivable, less allowance for doubtful</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;accounts of $4 and $5, respectively</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>1,452&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>2,097&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Inventories - finished goods</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>14,735&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>29,064&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>1,659&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>610&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Deferred tax assets</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>1,279&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>1,255&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Prepaid income taxes</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>1,721&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>330&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>91,449&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>86,499&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Long term investments</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>12,381&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>12,392&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Property and equipment, net</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>3,909&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>4,429&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Intangible asset</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>850&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>850&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">Total assets</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>108,589&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>104,170&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial" align=center><B><U>LIABILITIES AND SHAREHOLDERS' EQUITY</U></B></P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">Current liabilities:</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Accounts payable</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>4,331&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>4,776&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>2,363&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>2,312&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>6,694&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>7,088&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">Deferred tax liabilities</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>760&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>225&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">Total liabilities:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>7,454&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>7,313&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">Commitments and contingencies</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">Shareholders' equity:</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Preferred stock, $.001 par value, 5,000 shares authorized;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 convertible shares issued and outstanding with a</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;liquidation preference of $4 per share</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>9&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>9&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Common stock, $.001 par value, 40,000 shares authorized;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22,850 and 22,990 shares issued and outstanding, respectively</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>23&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>23&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Additional paid-in capital</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>-&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>2,628&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Retained earnings</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>101,180&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>94,305&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>(77)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>(108)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total shareholders' equity</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>101,135&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>96,857&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=510.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=21.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=107.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=510.933><P style="margin:0px; font-family:Arial">Total liabilities and shareholders' equity</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>108,589&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=21.2><P style="margin:0px; font-family:Arial" align=center>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=top width=107.333><P style="margin-top:0px; margin-bottom:-2px; width:97.333px; font-family:Arial; float:left" align=right>104,170&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial,Times New Roman" align=center>Exhibit 99.1 Page 2 of 4</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>PETMED EXPRESS, INC. AND SUBSIDIARIES</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>CONDENSED CONSOLIDATED STATEMENTS OF INCOME</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>(In thousands, except for per share amounts) (Unaudited)</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=341.6 /><TD width=24.733 /><TD width=79.533 /><TD width=24.733 /><TD width=79.533 /><TD width=24.733 /><TD width=84.2 /><TD width=24.733 /><TD width=84.2 /></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=183.8 colspan=3><P style="margin:0px; font-family:Arial" align=center><B>Three Months Ended</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=193.133 colspan=3><P style="margin:0px; font-family:Arial" align=center><B>Six Months Ended</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=183.8 colspan=3><P style="margin:0px; font-family:Arial" align=center><B>September 30,</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=193.133 colspan=3><P style="margin:0px; font-family:Arial" align=center><B>September 30,</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom width=79.533><P style="margin:0px; font-family:Arial" align=center><B>2010</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom width=79.533><P style="margin:0px; font-family:Arial" align=center><B>2009</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom width=84.2><P style="margin:0px; font-family:Arial" align=center><B>2010</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1.333px solid #000000" valign=bottom width=84.2><P style="margin:0px; font-family:Arial" align=center><B>2009</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Sales </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>61,245</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>62,447</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>135,614</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>139,616</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Cost of sales </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>38,915</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>38,765</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>86,058</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>86,648</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0p
x">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Gross profit </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>22,330</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>23,682</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>49,556</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>52,968</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0p
x">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Operating expenses: </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General and administrative </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>5,713</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>5,777</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>11,921</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>12,270</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advertising </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>8,575</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>7,752</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>17,415</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>17,624</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>315</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>323</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>665</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>645</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Total operating expenses </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>14,603</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>13,852</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>30,001</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>30,539</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0p
x">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Income from operations </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>7,727</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>9,830</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>19,555</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>22,429</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0p
x">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Other income: </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest income, net </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>101</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>58</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>167</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>119</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other, net </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>30</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>1</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>33</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>3</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Total other income </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>131</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>59</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>200</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>122</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Income before provision for income taxes </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>7,858</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>9,889</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>19,755</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>22,551</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Provision for income taxes </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>2,881</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>3,624</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>7,552</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>8,211</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Net income </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>4,977</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>6,265</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>12,203</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>14,340</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Net income per common share: </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0p
x">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>0.22</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>0.28</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>0.54</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>0.64</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>0.22</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>0.28</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>0.54</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>0.63</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=445.867 colspan=3><P style="margin:0px; font-family:Arial">&nbsp;Weighted average number of common shares outstanding: </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic </P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>22,616</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>22,614</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>22,668</P>
</TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>22,569</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>22,741</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>22,755</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>22,804</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>22,718</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=341.6><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=79.533><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=24.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=84.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=341.6><P style="margin:0px; font-family:Arial">&nbsp;Cash dividends declared per common share </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>0.125</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=79.533><P style="margin-top:0px; margin-bottom:-2px; width:70.667px; font-family:Arial; float:left" align=right>0.100</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>0.225</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=bottom width=24.733><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:3px double #000000" valign=bottom width=84.2><P style="margin-top:0px; margin-bottom:-2px; width:74.667px; font-family:Arial; float:left" align=right>0.100</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial,Times New Roman" align=center>Exhibit 99.1 Page 3 of 4</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>PETMED EXPRESS, INC. AND SUBSIDIARIES</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman" align=center><B>(In thousands) (Unaudited)</B></P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=505.733 /><TD width=22.867 /><TD width=108.267 /><TD width=22.867 /><TD width=108.267 /></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=239.4 colspan=3><P style="margin:0px; font-family:Arial" align=center><B>Six Months Ended</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=239.4 colspan=3><P style="margin:0px; font-family:Arial" align=center><B>September 30,</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin:0px; font-family:Arial" align=center><B>2010</B></P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin:0px; font-family:Arial" align=center><B>2009</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Cash flows from operating activities: </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Net income </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>12,203&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>14,340&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Adjustments to reconcile net income to net cash </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provided by operating activities: </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>665&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>645&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Share based compensation </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>1,044&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>722&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>511&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>206&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bad debt expense </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>20&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>47&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase) decrease in operating assets </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and increase (decrease) in liabilities: </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>625&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>87&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventories - finished goods </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>14,328&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>10,832&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid income taxes </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(1,391)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(1,527)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(1,049)</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(205)</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(287)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>849&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>9&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>109&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Net cash provided by operating activities </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>26,678&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>26,105&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Cash flows from investing activities: </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Net change in investments </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(10,054)</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>2,150&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Purchases of property and equipment </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(303)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(583)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Net cash (used in) provided by investing activities </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(10,357)</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>1,567&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Cash flows from financing activities: </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Dividends paid </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(5,121)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(2,264)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Purchases of treasury stock </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(4,213)</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>-&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from the exercise of stock options </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>252&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>476&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Tax benefit related to stock options exercised </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>124&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>178&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Net cash used in financing activities </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(8,958)</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>(1,610)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Net increase in cash and cash equivalents </P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>7,363&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>26,062&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Cash and cash equivalents, at beginning of period </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>53,143&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>30,126&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Cash and cash equivalents, at end of period </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>60,506&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>56,188&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;Supplemental disclosure of cash flow information: </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Cash paid for income taxes </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>8,308&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>9,355&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Property and equipment purchases in accounts payable </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>158&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>528&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=505.733><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=22.867><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#CCFFFF" valign=top width=108.267><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=505.733><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Dividends payable in accrued expenses </P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>90&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=22.867><P style="margin:0px; font-family:Arial" align=right>$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=108.267><P style="margin-top:0px; margin-bottom:-2px; width:98.667px; font-family:Arial; float:left" align=right>19&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px; padding-right:6px; font-family:Arial" align=center>Exhibit 99.1 Page 4 of 4</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
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