10-Year Summary of Selected Financial Data
FISCAL YEARS ENDED APRIL
DOLLARS (EXCEPT PER SHARE AMOUNTS)
AND SHARES OUTSTANDING ARE IN THOUSANDS
|
2008 |
2007 |
2006 |
2005 |
2004 |
|
SUMMARY OF OPERATIONS:
|
| Sales |
$ |
1,659,980 |
|
$ |
1,919,347 | |
$ |
2,348,382 | |
$ |
2,289,531 | |
$ |
2,256,417 | |
| Gross profit | |
249,847 | | |
264,977 | | |
411,522 | | |
385,794 | | |
400,027 | |
| Operating expenses | |
262,474 | | |
310,269 | | |
369,781 | | |
399,595 | | |
324,976 | |
| Other operating (income) expenses, net | |
(30,460 |
) | |
12,487 | | |
6,021 | | |
3,763 | | |
(4,670 |
) |
| Operating income (loss) | |
17,833 | | |
(57,779 |
) | |
35,720 | | |
(17,564 |
) | |
79,721 | |
| Income (loss) from continuing operations | |
2,919 | | |
(78,013 |
) | |
150 | | |
(46,603 |
) | |
18,210 | |
| Net income (loss) | |
(1,013 |
) | |
(89,961 |
) | |
(28,437 |
) | |
(161,459 |
) | |
(22,261 |
) |
| Earnings (loss) from continuing operations per share - diluted | |
0.05 | | |
(1.22 |
) | |
0.00 | | |
(0.84 |
) | |
0.46 | |
| Earnings (loss) from discontinued operations per share | |
(0.07 |
) | |
(0.19 |
) | |
(0.47 |
) | |
(2.08 |
) | |
(1.03 |
) |
| Earnings (loss) per share - diluted | |
(0.02 |
) | |
(1.41 |
) | |
(0.47 |
) | |
(2.92 |
) | |
(0.57 |
) |
|
FINANCIAL POSITION:
|
| Cash and marketable investments |
$ |
100,139 | |
$ |
76,288 | |
$ |
145,908 | |
$ |
45,475 | |
$ |
123,821 | |
| Property, plant and equipment, net | |
146,573 | | |
185,454 | | |
210,100 | | |
223,879 | | |
220,886 | |
| Total assets | |
625,571 | | |
703,171 | | |
862,035 | | |
1,010,247 | | |
1,075,709 | |
| 5% convertible senior subordinated debentures | |
100,000 | | |
100,000 | | |
100,000 | | |
100,000 | | |
100,000 | |
| Convertible subordinated debentures | |
160,142 | | |
160,142 | | |
210,142 | | |
210,142 | | |
272,791 | |
| Other long-term debt | |
16,145 | | |
17,508 | | |
23,199 | | |
8,946 | | |
2,159 | |
| Shareholders' equity | |
86,268 | | |
86,007 | | |
170,945 | | |
125,456 | | |
246,282 | |
| Book value per share | |
1.34 | | |
1.34 | | |
2.84 | | |
2.27 | | |
6.26 | |
|
OTHER STATISTICS:
|
| Gross profit percentage | |
15.1 |
% | |
13.8 |
% | |
17.5 |
% | |
16.9 |
% | |
17.7 |
% |
| Depreciation(1) |
$ |
17,995 | |
$ |
21,525 | |
$ |
21,911 | |
$ |
20,784 | |
$ |
17,469 | |
| Capital expenditures(1) | |
6,019 | | |
7,752 | | |
15,303 | | |
32,528 | | |
25,432 | |
| Dividends declared | |
– | | |
– | | |
– | | |
– | | |
– | |
| Dividends declared per common share | |
– | | |
– | | |
– | | |
– | | |
– | |
| Weighted average common shares — diluted | |
64,511 | | |
63,964 | | |
60,182 | | |
55,332 | | |
39,342 | |
| Market price per share: |
| – High |
$ |
11.41 | |
$ |
10.24 | |
$ |
13.69 | |
$ |
16.14 | |
$ |
16.06 | |
| – Low | |
3.37 | | |
6.33 | | |
7.33 | | |
7.81 | | |
4.83 | |
| – Close | |
3.74 | | |
8.63 | | |
9.40 | | |
8.14 | | |
15.62 | |
|
|
|
(1) Depreciation and capital expenditures as shown are for continuing operations only.
FISCAL YEARS ENDED APRIL
DOLLARS (EXCEPT PER SHARE AMOUNTS)
AND SHARES OUTSTANDING ARE IN THOUSANDS
|
2003 |
2002 |
2001 |
2000 |
1999 |
|
SUMMARY OF OPERATIONS:
|
| Sales |
$ |
1,948,989 | |
$ |
1,834,527 | |
$ |
1,861,474 | |
$ |
3,048,695 | |
$ |
3,103,323 | |
| Gross profit | |
350,570 | | |
363,431 | | |
356,309 | | |
627,262 | | |
626,740 | |
| Operating expenses | |
321,723 | | |
369,281 | | |
390,552 | | |
477,857 | | |
451,525 | |
| Other operating (income) expenses, net | |
4,498 | | |
19,556 | | |
34,319 | | |
(1,115 |
) | |
(808 |
) |
| Operating income (loss) | |
24,349 | | |
(25,406 |
) | |
(68,562 |
) | |
150,520 | | |
176,023 | |
| Income (loss) from continuing operations | |
(17,885 |
) | |
(93,071 |
) | |
(34,075 |
) | |
81,643 | | |
99,797 | |
| Net income (loss) | |
(70,739 |
) | |
(161,928 |
) | |
(283,990 |
) | |
83,494 | | |
107,121 | |
| Earnings (loss) from continuing operations per share - diluted | |
(0.50 |
) | |
(1.88 |
) | |
(1.04 |
) | |
2.37 | | |
2.76 | |
| Earnings (loss) from discontinued operations per share | |
(1.47 |
) | |
(2.02 |
) | |
(7.63 |
) | |
0.04 | | |
0.18 | |
| Earnings (loss) per share - diluted | |
(1.97 |
) | |
(3.90 |
) | |
(8.67 |
) | |
2.41 | | |
2.94 | |
|
FINANCIAL POSITION:
|
| Cash and marketable investments |
$ |
69,775 | |
$ |
111,146 | |
$ |
73,102 | |
$ |
135,141 | |
$ |
267,132 | |
| Property, plant and equipment, net | |
212,597 | | |
219,363 | | |
238,728 | | |
256,224 | | |
259,472 | |
| Total assets | |
954,094 | | |
1,015,700 | | |
1,135,753 | | |
1,545,585 | | |
1,540,076 | |
| 5% convertible senior subordinated debentures | |
– | | |
– | | |
– | | |
– | | |
– | |
| Convertible subordinated debentures | |
403,905 | | |
403,905 | | |
296,392 | | |
296,392 | | |
296,392 | |
| Other long-term debt | |
2,357 | | |
8,741 | | |
3,676 | | |
80,000 | | |
55,000 | |
| Shareholders' equity | |
110,968 | | |
174,743 | | |
286,148 | | |
584,805 | | |
586,703 | |
| Book value per share | |
3.09 | | |
5.15 | | |
8.74 | | |
14.92 | | |
14.61 | |
|
OTHER STATISTICS:
|
| Gross profit percentage | |
18.0 |
% | |
19.8 |
% | |
19.1 |
% | |
20.6 |
% | |
20.2 |
% |
| Depreciation(1) |
$ |
19,244 | |
$ |
20,787 | |
$ |
21,041 | |
$ |
23,649 | |
$ |
24,811 | |
| Capital expenditures(1) | |
17,167 | | |
17,531 | | |
19,302 | | |
17,071 | | |
29,908 | |
| Dividends declared | |
– | | |
2,621 | | |
15,059 | | |
24,957 | | |
24,672 | |
| Dividends declared per common share | |
– | | |
0.08 | | |
0.46 | | |
0.76 | | |
0.72 | |
| Weighted average common shares — diluted | |
35,869 | | |
33,942 | | |
32,755 | | |
39,194 | | |
40,171 | |
| Market price per share: |
| – High |
$ |
11.22 | |
$ |
17.25 | |
$ |
16.00 | |
$ |
29.25 | |
$ |
46.44 | |
| – Low | |
2.37 | | |
7.60 | | |
8.10 | | |
14.00 | | |
25.00 | |
| – Close | |
4.98 | | |
10.74 | | |
12.34 | | |
14.63 | | |
28.19 | |
|
|
|
(1) Depreciation and capital expenditures as shown are for continuing operations only.
|
