|
|
|
First |
|
Second |
|
Third |
|
Fourth |
|
|
|
2000 (2) |
|
|
|
|
|
|
|
|
Net sales |
$ |
333.7 |
$ |
455.4 |
$ |
353.3 |
$ |
319.7 |
Operating income |
|
25.0 |
|
48.9 |
|
34.0 |
|
38.6 |
Income before extraordinary item |
|
6.9 |
|
22.8 |
|
13.2 |
|
90.1 (4) |
Net income |
|
6.9 |
|
22.8 |
|
9.3 |
|
89.7 (4) |
Per share data: (3) |
|
|
|
|
|
|
|
|
|
Basic income per share before extraordinary item |
|
0.13 |
|
0.44 |
|
0.18 |
|
1.72 (4) |
|
Diluted income per share before extraordinary item |
|
0.13 |
|
0.43 |
|
0.18 |
|
1.70 (4) |
|
|
|
|
|
|
|
|
|
|
1999 (1)(2) |
|
|
|
|
|
|
|
|
Net sales |
$ |
317.6 |
$ |
427.5 |
$ |
389.5 |
$ |
369.9 |
Operating income |
|
12.0 |
|
32.7 |
|
31.6 |
|
36.5 |
Income (loss) before extraordinary item |
|
(10.8) |
|
10.2 |
|
12.1 |
|
21.2 |
Net income (loss) |
|
(10.8) |
|
10.2 |
|
(7.1) |
|
21.2 |
Per share data: (3) |
|
|
|
|
|
|
|
|
|
Basic income (loss) per share before extraordinary item |
|
(0.34) |
|
0.24 |
|
0.25 |
|
0.41 |
|
Diluted income (loss) per share before extraordinary item |
|
(0.34) |
|
0.24 |
|
0.25 |
|
0.40 |
|
|
(1) |
The first and second quarters of fiscal 1999 included $2.5 and $0.3, respectively, of inventory step-up related to inventory purchased in the Contadina Acquisition and the South America Acquisition.
|
(2) |
Quarterly plant consolidation charges for the first, second, third and fourth quarters of fiscal 2000 were $3.0, $4.4, $2.4 and $1.1, respectively. Quarterly plant consolidation charges for the first, second, third and fourth quarters of fiscal 1999 were $7.0, $5.3, $2.5 and $2.4, respectively.
|
(3) |
Earnings per share were computed independently for each of the periods presented; therefore, the sum of the earnings per share amounts for the quarters may not equal the total for the year.
|
(4) |
The fourth quarter of fiscal 2000 included the release of the majority of the Companys valuation allowance, net of tax adjustments, resulting in a credit to income tax expense of $67.7.
|