Attached files
99.7 Schedule showing the effect on Item 6 of the 2011 Form 10-K, Selected Financial Data (000’s, except per share amounts).
Selected financial data - as previously reported under Item 6 of 2011 Form 10-K
(in thousands, except per share amounts) | 2011 | 2010 | 2009 | 2008 | ||||||||||||
Summary of Operations | ||||||||||||||||
Net sales | $ | 814,696 | $ | 765,769 | $ | 737,621 | $ | 897,169 | ||||||||
Cost of goods sold | 485,735 | 471,006 | 484,335 | 595,910 | ||||||||||||
Restructuring and other | 9,317 | 3,747 | 68,174 | 37,708 | ||||||||||||
Goodwill and intangible impairment charge | - | - | - | 73,316 | ||||||||||||
Operating income/(loss) | 83,073 | 71,285 | (36,126 | ) | (81,805 | ) | ||||||||||
Interest expense, net | 18,121 | 17,240 | 20,627 | 24,253 | ||||||||||||
Income/(loss) from continuing operations | 26,534 | 31,476 | (21,461 | ) | (91,936 | ) | ||||||||||
(Loss)/income from discontinued operations | 8,404 | 6,160 | (11,997 | ) | 14,490 | |||||||||||
Net income/(loss) | 34,938 | 37,636 | (33,458 | ) | (77,446 | ) | ||||||||||
Basic income/(loss) from continuing operations per share | 0.85 | 1.01 | (0.70 | ) | (3.09 | ) | ||||||||||
Basic net income/(loss) per share | 1.12 | 1.21 | (1.09 | ) | (2.60 | ) | ||||||||||
Diluted net income/(loss) per share | 1.11 | 1.21 | (1.09 | ) | (2.60 | ) | ||||||||||
Dividends declared per share | 0.51 | 0.48 | 0.48 | 0.47 | ||||||||||||
Weighted average number of shares outstanding - basic | 31,262 | 31,072 | 30,612 | 29,786 | ||||||||||||
Capital expenditures, including software | 27,504 | 31,048 | 41,863 | 139,815 | ||||||||||||
Financial position | ||||||||||||||||
Cash | $ | 118,909 | $ | 117,925 | $ | 94,139 | $ | 103,998 | ||||||||
Property, plant and equipment, net | 439,516 | 481,952 | 507,440 | 529,423 | ||||||||||||
Total assets | 1,230,928 | 1,278,293 | 1,345,149 | 1,404,118 | ||||||||||||
Current liabilities | 170,711 | 165,856 | 188,164 | 210,177 | ||||||||||||
Long-term debt | 373,125 | 423,634 | 483,894 | 530,176 | ||||||||||||
Total noncurrent liabilities | 644,367 | 686,178 | 734,372 | 775,352 | ||||||||||||
Total liabilities | 815,078 | 852,034 | 922,536 | 985,529 | ||||||||||||
Shareholders’ equity | 415,850 | 426,259 | 422,613 | 418,589 |
Adjustments to selected financial data
(in thousands, except per share amounts) | 2011 | 2010 | 2009 | 2008 | ||||||||||||
Summary of Operations | ||||||||||||||||
Net sales | $ | (27,409 | ) | $ | (22,882 | ) | $ | (18,992 | ) | $ | (21,418 | ) | ||||
Cost of goods sold | (12,614 | ) | (10,092 | ) | (10,139 | ) | (11,867 | ) | ||||||||
Restructuring and other | - | - | (61 | ) | (182 | ) | ||||||||||
Operating income | (8,465 | ) | (6,576 | ) | (3,594 | ) | (3,092 | ) | ||||||||
Income from continuing operations | (5,268 | ) | (4,053 | ) | (2,071 | ) | (1,809 | ) | ||||||||
Income from discontinued operations | 5,268 | 4,053 | 2,071 | 1,809 | ||||||||||||
Basic income/(loss) from continuing operations per share | (0.17 | ) | (0.13 | ) | (0.07 | ) | (0.06 | ) | ||||||||
Capital expenditures, including software | (76 | ) | (91 | ) | (36 | ) | (25 | ) | ||||||||
Property, plant and equipment, net | (563 | ) | (1,241 | ) | (1,607 | ) | (2,810 | ) |
Selected financial data - as adjusted to reclassify Primaloft Products to discontinued operations
(in thousands, except per share amounts) | 2011 | 2010 | 2009 | 2008 | ||||||||||||
Summary of Operations | ||||||||||||||||
Net sales | $ | 787,287 | $ | 742,887 | $ | 718,629 | $ | 875,751 | ||||||||
Cost of goods sold | 473,121 | 460,914 | 474,196 | 584,043 | ||||||||||||
Restructuring and other | 9,317 | 3,747 | 68,113 | 37,526 | ||||||||||||
Goodwill and intangible impairment charge | - | - | - | 73,316 | ||||||||||||
Operating income/(loss) | 74,608 | 64,709 | (39,720 | ) | (84,897 | ) | ||||||||||
Interest expense, net | 18,121 | 17,240 | 20,627 | 24,253 | ||||||||||||
Income/(loss) from continuing operations | 21,266 | 27,423 | (23,532 | ) | (93,745 | ) | ||||||||||
(Loss)/income from discontinued operations | 13,672 | 10,213 | (9,926 | ) | 16,299 | |||||||||||
Net income/(loss) | 34,938 | 37,636 | (33,458 | ) | (77,446 | ) | ||||||||||
Basic income/(loss) from continuing operations per share | 0.68 | 0.88 | (0.77 | ) | (3.15 | ) | ||||||||||
Basic net income/(loss) per share | 1.12 | 1.21 | (1.09 | ) | (2.60 | ) | ||||||||||
Diluted net income/(loss) per share | 1.11 | 1.21 | (1.09 | ) | (2.60 | ) | ||||||||||
Dividends declared per share | 0.51 | 0.48 | 0.48 | 0.47 | ||||||||||||
Weighted average number of shares outstanding - basic | 31,262 | 31,072 | 30,612 | 29,786 | ||||||||||||
Capital expenditures, including software | 27,428 | 30,957 | 41,827 | 139,790 | ||||||||||||
Financial position | ||||||||||||||||
Cash | $ | 118,909 | $ | 117,925 | $ | 94,139 | $ | 103,998 | ||||||||
Property, plant and equipment, net | 438,953 | 480,711 | 505,833 | 526,613 | ||||||||||||
Total assets | 1,230,928 | 1,278,293 | 1,345,149 | 1,404,118 | ||||||||||||
Current liabilities | 170,711 | 165,856 | 188,164 | 210,177 | ||||||||||||
Long-term debt | 373,125 | 423,634 | 483,894 | 530,176 | ||||||||||||
Total noncurrent liabilities | 644,367 | 686,178 | 734,372 | 775,352 | ||||||||||||
Total liabilities | 815,078 | 852,034 | 922,536 | 985,529 | ||||||||||||
Shareholders’ equity | 415,850 | 426,259 | 422,613 | 418,589 |