F I V E -Y E A R S U M M A R Y O F S I G N I F I C A N T F I N A N C I A L D ATA
Year ended December
1
($ in thousands, except per share amounts) 2001 2000 1999 1998 1997
O P E R AT I O N S:
Sales and other income
2
$1,402,103 $1,198,114 $1,101,907 $1,025,988 $973,091
Income (loss) before
cumulative effect of change
in accounting principle 8,829 25,378 11,587 (46,510) 8,774
Net income (loss) 8,829 25,378 10,992 (46,510) 8,028
Net income (loss) available
to common stockholders 8,269 24,220 9,872 (47,630) 3,968
P E R C O M M O N S H A R E:
Basic:
Income (loss) before
cumulative effect of change
in accounting principle .26 .86 .38 (1.75) .18
Net income (loss) .26 .86 .36 (1.75) .15
Diluted:
Income (loss) before
cumulative effect of change
in accounting principle .24 .72 .35 (1.75) .17
Net income (loss) .24 .72 .33 (1.75) .14
Dividends declared
3
.24 .12 .12 .12 .12
B A L A N C E S H E E T:
Total assets 498,689 468,451 441,065 461,721 502,146
Working capital
4
84,018 58,006 29,513 61,059 78,576
Long-term debt
5
148,671 121,214 104,257 169,781 165,913
Redeemable convertible
preferred stock
6
100,540 100,078 99,654 99,230
StockholdersÖ equity
6
208,365 100,372 73,694 61,174 108,688
The CompanyÖs fiscal year is a 52-week or 53-week period ending on the last Saturday in December. Fiscal years 2001, 1999, 1998 and 1997
each consisted of 52 weeks, while fiscal year 2000 consisted of 53 weeks.
As a result of EITF 01-09, ¯Accounting for Consideration Given by a Vendor to a Customer (Including a Reseller of the VendorÖs Products),² certain
expenses presently classified as selling, general and administrative expenses will be recorded as a reduction of sales beginning in the first quarter
of 2002. In accordance with this pronouncement, all prior periods will be reclassified on a retroactive basis. This retroactive reclassification will
have no effect on net income (loss) as previously reported.
On February 14, 2001, the Board of Directors declared its intention to increase the regular quarterly dividend from $.03 to $.06 per common
share for each quarter of 2001.
Certain reclassifications have been made to prior yearsÖ financial data to conform to the current year presentation.
Excludes current portion of long-term debt.
The CompanyÖs redeemable convertible preferred stock was converted to common stock in the second quarter of 2001.
1
2
3
4
5
6
Forward