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EXHIBIT 99.2


LABOR READY, INC.
SUMMARY CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except per share amounts)

 
  Quarter Ended
December 31,

  Year Ended
December 31,

 
  2002
  2001
  2002
  2001
 
  (unaudited)

   
   
Revenues from services   $ 222,626   $ 214,297   $ 862,733   $ 916,965
Cost of services     157,345     150,666     612,661     641,911
Gross profit     65,281     63,631     250,072     275,054
Selling, general and administrative expenses     57,443     59,473     220,216     252,739
Depreciation and amortization     2,170     2,003     9,144     8,203
Income from operations     5,668     2,155     20,712     14,112
Interest and other income (expense)     (1,168 )   215     (2,810 )   755
Income before provision for income taxes     4,500     2,370     17,902     14,867
Taxes on income     1,249     902     6,316     5,652
Net income   $ 3,251   $ 1,468   $ 11,586   $ 9,215

Basic net income per share

 

$

0.08

 

$

0.04

 

$

0.28

 

$

0.23

Diluted net income per share

 

$

0.08

 

$

0.04

 

$

0.28

 

$

0.23

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 
  Basic     40,985     40,536     41,017     40,573
  Diluted     41,697     40,789     41,771     40,702


LABOR READY, INC.
SUMMARY CONSOLIDATED BALANCE SHEETS

 
  As of December 31,
 
  2002
  2001
Assets            
  Current assets            
    Cash, cash equivalents, and marketable securities   $ 84,874   $ 48,865
    Accounts receivable, net     66,987     62,912
    Other current assets     19,726     22,164
      Total current assets     171,587     133,941
  Property and equipment, net     31,217     36,894
  Other assets     114,396     43,608
      Total assets   $ 317,200   $ 214,443
Liabilities and shareholders' equity            
  Current liabilities   $ 57,836   $ 53,198
  Long-term liabilities     127,253     41,552
    Total liabilities     185,089     94,750
  Shareholders' equity     132,111     119,693
      Total liabilities and shareholders' equity   $ 317,200   $ 214,443



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LABOR READY, INC. SUMMARY CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share amounts)
LABOR READY, INC. SUMMARY CONSOLIDATED BALANCE SHEETS