|
|
Quarterly Financial Trends
2004 Income Statement
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Revenue |
$1,462.9 |
$1,388.1 |
$1,445.7 |
$1,524.0 |
$5,820.7 |
| Change vs. Prior Year |
4.6% |
-2.6% |
-0.3% |
-6.9% |
-1.5% |
| Change vs. Prior Quarter |
-10.7% |
-5.1% |
4.1% |
5.4% |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Gross Profit |
$391.5 |
$367.1 |
$341.0 |
$262.8 |
$1,362.4 |
| Gross Profit Margin |
26.8% |
26.4% |
23.6% |
17.2% |
23.4% |
|
% Points Change vs. Prior Year
|
-0.9 |
-1.1 |
-5.7 |
-14.0 |
-5.6 |
|
% Points Change vs. Prior Quarter
|
-4.4 |
-0.4 |
-2.8 |
-6.4 |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| SG&A |
$261.2 |
$272.9 |
$303.7 |
$265.1 |
$1,102.9 |
| Change vs. Prior Year |
7.2% |
12.6% |
21.0% |
-1.9% |
9.5% |
| Change vs. Prior Quarter |
-3.3% |
4.5% |
11.3% |
-12.7% |
NM |
| % of Revenue |
17.9% |
19.7% |
21.0% |
17.4% |
18.9% |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| R&D |
$71.5 |
$71.3 |
$75.3 |
$76.2 |
$294.3 |
| Change vs. Prior Year |
7.0% |
11.9% |
10.4% |
-6.4% |
5.1% |
| Change vs. Prior Quarter |
-12.2% |
-0.3% |
5.6% |
1.2% |
NM |
| % of Revenue |
4.9% |
5.1% |
5.2% |
5.0% |
5.1% |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Operating Profit (Loss) |
$58.8 |
$22.9 |
($38.0) |
($78.5) |
($34.8) |
|
Operating Profit Margin
|
4.0% |
1.6% |
-2.6% |
-5.2% |
-0.6% |
|
% Points Change vs. Prior Year
|
-1.5 |
-4.4 |
-9.9 |
-14.9 |
-7.8 |
|
% Points Change vs. Prior Quarter
|
-5.7 |
-2.4 |
-4.2 |
-2.6 |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Net Income |
$28.9 |
$19.4 |
$25.2 |
($34.9) |
$38.6 |
| Net Profit Margin |
2.0% |
1.4% |
1.7% |
-2.3% |
0.7% |
|
% Points Change vs. Prior Year
|
-0.8 |
-2.3 |
-2.2 |
-9.1 |
-3.7 |
|
% Points Change vs. Prior Quarter
|
-4.8 |
-0.6 |
0.3 |
-4.0 |
NM |
| |
1Q
|
2Q
|
3Q
|
4Q
|
Total
|
| Diluted Earnings (Loss) per Share |
$0.09 |
$0.06 |
$0.07 |
($0.10) |
$0.11 |
| Change vs. Prior Year |
-25.0% |
-62.5% |
-58.8% |
NM |
-85.9% |
| Change vs. Prior Quarter |
-72.7% |
-33.3% |
16.7% |
NM |
NM |
$ in Millions except Earnings Per Share
NM = Not Meaningful
|
