TEN-YEAR SUMMARY OF SELECTED FINANCIAL DATA
Click to go to the Excel version of Selected Financial Data
| FISCAL YEARS ENDED APRIL DOLLARS (EXCEPT PER SHARE AMOUNTS) AND SHARES OUTSTANDING ARE IN THOUSANDS |
2007 | 2006 | 2005 | 2004 | 2003 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SUMMARY OF OPERATIONS:Sales |
$ | 2,007,922 | $ | 2,432,400 | $ | 2,374,712 | $ | 2,360,606 | $ | 2,070,957 | |||||
| Gross profit | 277,386 | 422,692 | 395,230 | 417,459 | 374,098 | ||||||||||
| Operating expenses | 331,900 | 387,133 | 420,187 | 343,246 | 343,942 | ||||||||||
| Other operating expenses(1) | 12,502 | 6,054 | 18,581 | (4,656 | ) | 4,779 | |||||||||
| Operating income (loss) | (67,016 | ) | 29,505 | (43,538 | ) | 78,869 | 25,377 | ||||||||
| Income (loss) from continuing operations | (87,650 | ) | (6,065 | ) | (72,577 | ) | 17,358 | (16,857 | ) | ||||||
| Net income (loss) | (89,961 | ) | (28,437 | ) | (161,459 | ) | (22,261 | ) | (70,739 | ) | |||||
| Earnings (loss) from continuing operations per share | (1.37 | ) | (0.10 | ) | (1.31 | ) | 0.44 | (0.47 | ) | ||||||
| Earnings (loss) from discontinued operations per share | (0.04 | ) | (0.38 | ) | (1.61 | ) | (1.01 | ) | (1.50 | ) | |||||
| Earnings (loss) per share | (1.41 | ) | (0.48 | ) | (2.92 | ) | (0.57 | ) | (1.97 | ) | |||||
FINANCIAL POSITION:Cash and marketable investments |
$ | 76,289 | $ | 145,909 | $ | 45,476 | $ | 123,822 | $ | 69,776 | |||||
| Property, plant and equipment, net | 192,229 | 217,458 | 232,125 | 229,638 | 222,271 | ||||||||||
| Total assets | 703,171 | 862,035 | 1,010,247 | 1,075,709 | 954,094 | ||||||||||
| 5% convertible senior subordinated debentures | 100,000 | 100,000 | 100,000 | 100,000 | – | ||||||||||
| 6% convertible subordinated debentures | 160,142 | 210,142 | 210,142 | 272,791 | 403,905 | ||||||||||
| Other long-term debt | 17,508 | 23,199 | 8,946 | 2,159 | 2,357 | ||||||||||
| Shareholders’ equity | 84,153 | 170,945 | 125,456 | 246,282 | 110,968 | ||||||||||
| Book value per share | 1.32 | 2.87 | 2.27 | 6.26 | 3.09 | ||||||||||
OTHER STATISTICS:Gross profit percentage |
13.8 | % | 17.4 | % | 16.6 | % | 17.7 | % | 18.1 | % | |||||
| Depreciation(2) | $ | 22,583 | $ | 23,206 | $ | 22,158 | $ | 18,963 | $ | 20,841 | |||||
| Capital expenditures(2) | 8,259 | 15,842 | 33,724 | 26,017 | 19,075 | ||||||||||
| Dividends declared | – | – | – | – | – | ||||||||||
| Dividends declared per common share | – | – | – | – | – | ||||||||||
| Weighted average common shares — diluted | 63,964 | 59,506 | 55,332 | 39,342 | 35,869 | ||||||||||
| Market price per share: – High |
$ | 10.24 | $ | 13.69 | $ | 16.14 | $ | 16.06 | $ | 11.22 | |||||
| – Low | 6.33 | 7.33 | 7.81 | 4.83 | 2.37 | ||||||||||
| – Close | 8.63 | 9.40 | 8.14 | 15.62 | 4.98 | ||||||||||
| FISCAL YEARS ENDED APRIL DOLLARS (EXCEPT PER SHARE AMOUNTS) AND SHARES OUTSTANDING ARE IN THOUSANDS |
2002 | 2001 | 2000 | 1999 | 1998 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SUMMARY OF OPERATIONS:Sales |
$ | 1,952,285 | $ | 1,978,559 | $ | 3,177,639 | $ | 3,223,210 | $ | 3,121,278 | ||||||
| Gross profit | 388,239 | 385,012 | 659,777 | 656,267 | 572,362 | |||||||||||
| Operating expenses | 393,674 | 414,830 | 501,446 | 470,808 | 402,017 | |||||||||||
| Other operating expenses(1) | 19,650 | 200,286 | (979 | ) | 649 | 285 | ||||||||||
| Operating income (loss) | (25,049 | ) | (230,104 | ) | 159,310 | 184,810 | 170,060 | |||||||||
| Income (loss) from continuing operations | (92,714 | ) | (195,617 | ) | 90,433 | 108,584 | 108,695 | |||||||||
| Net income (loss) | (161,928 | ) | (283,990 | ) | 83,494 | 107,121 | 108,545 | |||||||||
| Earnings (loss) from continuing operations per share | (1.87 | ) | (5.97 | ) | 2.59 | 2.98 | 3.01 | |||||||||
| Earnings (loss) from discontinued operations per share | (2.03 | ) | (2.70 | ) | (0.18 | ) | (0.04 | ) | – | |||||||
| Earnings (loss) per share | (3.90 | ) | (8.67 | ) | 2.41 | 2.94 | 3.01 | |||||||||
FINANCIAL POSITION:Cash and marketable investments |
$ | 111,147 | $ | 73,103 | $ | 135,142 | $ | 267,133 | $ | 305,722 | ||||||
| Property, plant and equipment, net | 229,006 | 249,272 | 266,526 | 269,093 | 275,886 | |||||||||||
| Total assets | 1,015,700 | 1,135,753 | 1,545,585 | 1,540,076 | 1,138,372 | |||||||||||
| 5% convertible senior subordinated debentures | – | – | – | – | – | |||||||||||
| 6% convertible subordinated debentures | 403,905 | 296,392 | 296,392 | 296,392 | 296,392 | |||||||||||
| Other long-term debt | 8,741 | 3,676 | 80,000 | 55,000 | 55,000 | |||||||||||
| Shareholders’ equity | 174,743 | 286,148 | 584,805 | 586,703 | 376,026 | |||||||||||
| Book value per share | 5.15 | 8.74 | 14.92 | 14.61 | 10.18 | |||||||||||
OTHER STATISTICS:Gross profit percentage |
19.9 | % | 19.5 | % | 20.8 | % | 20.4 | % | 18.3 | % | ||||||
| Depreciation(2) | $ | 22,360 | $ | 22,532 | $ | 24,992 | $ | 26,063 | $ | 27,538 | ||||||
| Capital expenditures(2) | 17,788 | 20,887 | 18,936 | 30,382 | 37,809 | |||||||||||
| Dividends declared | 2,621 | 15,059 | 24,957 | 24,672 | 23,744 | |||||||||||
| Dividends declared per common share | 0.08 | 0.46 | 0.76 | 0.72 | 0.68 | |||||||||||
| Weighted average common shares — diluted | 33,942 | 32,755 | 39,194 | 40,171 | 36,933 | |||||||||||
| Market price per share: – High |
$ | 17.25 | $ | 16.00 | $ | 29.25 | $ | 46.44 | $ | 48.00 | ||||||
| – Low | 7.60 | 8.10 | 14.00 | 25.00 | 25.13 | |||||||||||
| – Close | 10.74 | 12.34 | 14.63 | 28.19 | 46.13 | |||||||||||
(1) Includes goodwill impairment charges of $165.9 million in fiscal 2001.
(2) Depreciation and capital expenditures as shown are for continuing operations only.