FLEETWOOD ENTERPRISES, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Amounts in thousands, except per share data)

	Years Ended April
	2008								2007								2006
Net sales: RV Group	$	1,163,041						$	1,400,886						$	1,578,132
Housing Group		496,939							518,461							795,877
Intercompany sales		—							—							(25,627				)
	1,659,980							1,919,347							2,348,382
Cost of products sold	1,410,133							1,654,370							1,936,860
Gross profit		249,847							264,977							411,522
Operating expenses		262,474							310,269							369,781
Other operating (income) expense, net		(30,460					)		12,487							6,021
		232,014							322,756							375,802
Operating income (loss)		17,833							(57,779					)		35,720
Other income (expense): Investment income		4,459							5,902							5,437
Interest expense		(23,010					)		(25,557					)		(29,662				)
Other, net		—							18,530							—
		(18,551					)		(1,125					)		(24,225				)
Income (loss) from continuing operations before income taxes		(718					)		(58,904					)		11,495
Benefit (provision) for income taxes		3,637							(19,109					)		(11,345				)
Income (loss) from continuing operations		2,919							(78,013					)		150
Loss from discontinued operations, net		(3,932					)		(11,948					)		(28,587				)
Net loss	$	(1,013					)	$	(89,961					)	$	(28,437				)
	Basic				Diluted			Basic				Diluted			Basic				Diluted
Net income (loss) per common share: Income (loss) from continuing operations	$	.05		$	.05		$	(1.22	)	$	(1.22	)	$	—		$	—
Loss from discontinued operations		(.07	)		(.07	)		(.19	)		(.19	)		(.48	)		(.47	)
Net loss per common share	$	(.02	)	$	(.02	)	$	(1.41	)	$	(1.41	)	$	(.48	)	$	(.47	)
Weighted average common shares		64,228			64,511			63,964			63,964			59,506			60,182