Using the following information complete a memo to Mr. Techo

TECHNOGYM Income Statement For the Years Ended December 31 All amounts are in SThousands (except per-share amounts) 2015 2014 2013 $108,840 57,850 $50,990 46,560 $4,430 17,600 17,400 $4,630 1,574 $3,056 1,620 $78,420 42,300 $36,120 35,730 $390 12,450 12,190 $650 221 $429 (250) Sales Revenue Cost of Goods Sold $62,736 33,840 $28,896 28,584 $312 9,960 9,752 $520 Gross Profit Operating Expenses Operating Income Other Revenues Other Expenses Income Before Taxes & Other Items Income Tax Expense/(Benefit) $343 Income from Continuing Operations Discontinued Operating Results Loss on Sale of Discontinued Oper Tax Expense/(Benefit) from Disc. Ops. (200) 551 $1,069 $4,125 68 ($132) $211 85 Discontinued Operations Total ($165) NET INCOME $264 $20.37 $4.29 $3.43 EPS Continuing Operations EPS Discontinued Operations EPS Net Income $7.13($1.65)($1.32) $2.64 $27.50 $2.11