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FLEETWOOD ENTERPRISES, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
(20) Results by Quarter (Unaudited)

The unaudited results by quarter for fiscal years 2006 and 2005 are shown below (amounts in thousands, except per share data):

Fiscal Year Ended April 2006: First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
Number of weeks in the quarter     14         13         13         13    
Revenues $ 616,475   $ 629,501   $ 583,866   $ 602,558  
Gross profit   100,063     112,017     111,231     99,381  
Operating income (loss)   (893   10,135     11,936     8,327  
Income (loss) from continuing operations   (17,413   3,791     4,708     2,849  
Discontinued operations, net   (12,144   (5,709   (3,332   (1,187
Net income (loss) used for basic and diluted earnings
    (loss) per common share
$ (29,557 $ (1,918 $ 1,376   $ 1,662  
Earnings (loss) per common share(1):
    Basic and diluted
$ (.53 $ (.03 $ .02   $ .03  
Weighted average common shares:
    Basic
  56,136     56,481     61,838     63,820  
    Diluted   56,136     57,209     62,622     64,521  

Fiscal Year Ended April 2005: First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Number of weeks in the quarter   13     13     13     13  
Revenues $ 659,429   $ 645,933   $ 509,161   $ 560,189  
Gross profit   121,256     120,980     77,812     75,182  
Operating income   22,515     22,124     (39,073   (49,104
Income (loss) from continuing operations   12,452     15,338     (44,534   (55,833
Discontinued operations, net   (6,900   (7,203   (10,155   (64,624
Net income (loss) used for basic and diluted earnings
    (loss) per common share
$ 5,552   $ 8,135   $ (54,689 $ (120,457
Earnings (loss) per common share(1):
    Basic
$ .10   $ .15   $ (.99 $ (2.16
    Diluted $ .10   $ .14   $ (.99 $ (2.16
Weighted average common shares:
    Basic
  54,670     55,419     55,492     55,749  
    Diluted   55,783     57,154     55,492     55,749  


(1) Net earnings (loss) per share is computed independently for each of the quarters presented and the summation of quarterly
      amounts does not equal the total net earnings (loss) per share reported for the year.

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