.
| (Dollars in thousands, except
per share amounts) |
52
Weeks Ended
December 31,
2000 |
52 Weeks
Ended
January 2,
2000 |
53 Weeks
Ended
January 3,
1999 |
 |
| |
|
|
|
|
|
|
| REVENUE |
$
|
1,265,838
|
$
|
1,326,681
|
$
|
1,299,615
|
|
| |
|
|
|
|
|
|
| COST AND EXPENSE |
|
|
|
|
|
|
| Cost of products sold |
|
781,932
|
|
819,173
|
|
803,588
|
| Engineering and research |
|
10,289
|
|
8,875
|
|
9,012
|
| Selling and administrative |
|
354,542
|
|
344,388
|
|
332,252
|
| Depreciation and amortization |
|
54,694
|
|
50,858
|
|
45,027
|
| Asset impairments |
|
73,746
|
|
-
|
|
-
|
| Restructuring charges |
|
24,633
|
|
-
|
|
-
|
| Interest |
|
12,691
|
|
13,850
|
|
14,044
|
|
| Total cost and
expense |
|
1,312,527
|
|
1,237,144
|
|
1,203,923
|
|
| |
|
|
|
|
|
|
| INCOME (LOSS) FROM CONTINUING OPERATIONS
BEFORE INCOME TAXES |
|
(46,689)
|
|
89,537
|
|
95,692
|
| |
|
|
|
|
|
|
| INCOME TAXES (BENEFIT) |
|
(17,514)
|
|
33,797
|
|
38,679
|
|
| |
|
|
|
|
|
|
| INCOME (LOSS) FROM CONTINUING OPERATIONS
|
|
(29,175)
|
|
55,740
|
|
57,013
|
| |
|
|
|
|
|
|
| DISCONTINUED OPERATIONS |
|
|
|
|
|
|
| Income (loss) from operations, net
of applicable |
|
|
|
|
|
|
| income taxes of $(350)
and $1,743 |
|
-
|
|
(509)
|
|
2,570
|
| Gain on sale, net of applicable income
|
|
|
|
|
|
|
| taxes o$10,568
|
|
-
|
|
15,670
|
|
-
|
|
| |
|
|
|
|
|
|
| NET INCOME (LOSS) |
$
|
(29,175)
|
$
|
70,901
|
$
|
59,583
|
|
| |
|
|
|
|
|
|
| BASIC EARNINGS PER SHARE |
|
|
|
|
|
|
| Income (loss) from continuing operations
|
$
|
(1.06)
|
$
|
1.99
|
$
|
2.01
|
| Income (loss) from discontinued operations
|
|
-
|
|
(0.02)
|
|
0.09
|
| Gain on sale of discontinued operations
|
|
-
|
|
0.56
|
|
-
|
|
| Net income (loss)
|
$
|
(1.06)
|
$
|
2.53
|
$
|
2.10
|
|
| |
|
|
|
|
|
|
| DILUTED EARNINGS PER SHARE |
|
|
|
|
|
|
| Income (loss) from continuing operations
|
$
|
(1.06)
|
$
|
1.98
|
$
|
1.99
|
| Income (loss) from discontinued operations
|
|
-
|
|
(0.02)
|
|
0.09
|
| Gain on sale of discontinued operations
|
|
-
|
|
.056
|
|
-
|
|
| Net income (loss)
|
$
|
(1.06)
|
$
|
2.52
|
$
|
2.08
|
|
| |
|
|
|
|
|
|
| NET INCOME (LOSS) |
$
|
(29,175)
|
$
|
70,901
|
$
|
59,583
|
| Minimum pension liability adjustment,
|
|
|
|
|
|
|
| net of $349, $(501)
and $782 deferred |
|
|
|
|
|
|
| income tax (expense)
benefit |
|
(517)
|
|
744
|
|
(1,161)
|
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| COMPREHENSIVE INCOME (LOSS) |
$
|
(29,692)
|
$
|
71,645
|
$
|
58,422
|
|
See accompanying notes.
|
