|
|
Quarterly Financial Trends
2003 Income Statement
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Revenue |
$1,398.9 |
$1,425.0 |
$1,449.7 |
$1,637.6 |
$5,911.2 |
| Change vs. Prior Year |
2.7% |
4.8% |
8.8% |
5.5% |
5.4% |
| Change vs. Prior Quarter |
-9.9% |
1.9% |
1.7% |
13.0% |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Gross Profit |
$387.1 |
$392.1 |
$425.1 |
$510.7 |
$1,715.0 |
| Gross Profit Margin |
27.7% |
27.5% |
29.3% |
31.2% |
29.0% |
|
% Points Change vs. Prior Year
|
-0.9 |
-2.2 |
-0.9 |
-0.5 |
-1.1 |
|
% Points Change vs. Prior Quarter
|
-4.0 |
-0.2 |
1.8 |
1.9 |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| SG&A |
$243.7 |
$242.4 |
$251.0 |
$270.1 |
$1,007.2 |
| Change vs. Prior Year |
-0.7% |
-1.3% |
4.0% |
4.0% |
1.5% |
| Change vs. Prior Quarter |
-6.2% |
-0.5% |
3.5% |
7.6% |
NM |
| % of Revenue |
17.4% |
17.0% |
17.3% |
16.5% |
17.0% |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| R&D |
$66.8 |
$63.7 |
$68.2 |
$81.4 |
$280.1 |
| Change vs. Prior Year |
2.6% |
2.7% |
4.1% |
0.9% |
2.5% |
| Change vs. Prior Quarter |
-17.2% |
-4.6% |
7.1% |
19.4% |
NM |
| % of Revenue |
4.8% |
4.5% |
4.7% |
5.0% |
4.7% |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Operating Profit (Loss) |
$76.6 |
$86.0 |
$105.9 |
$159.2 |
$427.7 |
|
Operating Profit Margin
|
5.5% |
6.0% |
7.3% |
9.7% |
7.2% |
|
% Points Change vs. Prior Year
|
-0.3 |
-1.1 |
0.1 |
0.0 |
-0.3 |
|
% Points Change vs. Prior Quarter
|
-4.2 |
0.5 |
1.3 |
2.4 |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Net Income |
$38.5 |
$52.5 |
$56.2 |
$111.5 |
$258.7 |
| Net Profit Margin |
2.8% |
3.7% |
3.9% |
6.8% |
4.4% |
|
% Points Change vs. Prior Year
|
0.4 |
0.6 |
-0.5 |
1.1 |
0.4 |
|
% Points Change vs. Prior Quarter
|
-2.9 |
0.9 |
0.2 |
2.9 |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Diluted Earnings (Loss) per Share |
$0.12 |
$0.16 |
$0.17 |
$0.33 |
$0.78 |
| Change vs. Prior Year |
20.0% |
23.1% |
-5.6% |
22.2% |
13.0% |
| Change vs. Prior Quarter |
-55.6% |
33.3% |
6.3% |
94.1% |
NM |
$ in Millions except Earnings Per Share
NM = Not Meaningful
|
