 |
five-year financial highlights
| (millions except for per share data) |
2004 |
2003 |
2002 |
2001 |
2000 |
|
|
For the year ended November 30(1) |
| Net sales(2) |
$ |
2,526.2 |
|
$ |
2,269.6 |
|
$ |
2,044.9 |
|
$ |
1,939.1 |
|
$ |
1,863.5 |
|
| Percent increase |
|
11.3 |
% |
|
11.0 |
% |
|
5.5 |
% |
|
4.1 |
% |
|
5.9 |
% |
Gross profit margin(2) |
|
39.9 |
% |
|
39.6 |
% |
|
39.1 |
% |
|
38.0 |
% |
|
35.2 |
% |
Operating income(3) |
|
332.7 |
|
|
295.5 |
|
|
262.4 |
|
|
219.6 |
|
|
200.5 |
|
Net income from continuing
operations(3) |
|
214.5 |
|
|
199.2 |
|
|
173.8 |
|
|
137.1 |
|
|
124.5 |
|
Earnings per share from continuing
operations – diluted(3)(4) |
|
1.52 |
|
|
1.40 |
|
|
1.22 |
|
|
.98 |
|
|
.89 |
|
| Avg. shares outstanding – diluted(4) |
|
141.3 |
|
|
142.6 |
|
|
142.3 |
|
|
140.2 |
|
|
139.2 |
|
Dividends paid |
$ |
76.9 |
|
$ |
64.1 |
|
$ |
58.6 |
|
$ |
55.1 |
|
$ |
52.3 |
|
| Dividends paid per share |
|
.56 |
|
|
.46 |
|
|
.42 |
|
|
.40 |
|
|
.38 |
|
|
|
At year-end(1) |
Total assets |
$ |
2,369.6 |
|
$ |
2,145.5 |
|
$ |
1,930.8 |
|
$ |
1,772.0 |
|
$ |
1,659.9 |
|
| Current debt |
|
173.2 |
|
|
171.0 |
|
|
137.3 |
|
|
210.8 |
|
|
551.9 |
|
| Long-term debt |
|
465.0 |
|
|
448.6 |
|
|
450.9 |
|
|
451.1 |
|
|
157.2 |
|
| Shareholders' equity |
|
889.7 |
|
|
755.2 |
|
|
592.3 |
|
|
463.1 |
|
|
359.3 |
|
| Debt-to-total-capital(5) |
|
40.9 |
% |
|
44.4 |
% |
|
49.0 |
% |
|
58.2 |
% |
|
65.7 |
% |
|
|
| (1) |
In 2003, the Company sold its packaging segment and Jenks Sales Brokers in the U.K. All years have been restated for the sale of the packaging segment. Only 2002 and 2001 have been restated for the sale of Jenks. |
| (2) |
In 2002, the Company implemented EITF 01-09. Results have been reclassified for 2001 and 2000. |
| (3) |
In 2002, the Company adopted SFAS No.142, "Goodwill and Other Intangible Assets." Prior year results have not been restated. |
| (4) |
All share data adjusted for 2-for-1 stock split effective April 2002. |
| (5) |
Total capital includes debt, minority interest and shareholders' equity. |
|
|
|
|
