Avon 2006 Annual Report Download - page 83
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First, second, third and fourth quarter 2006 include costs to
implement restructuring initiatives of $120.1, $49.4, $15.6, and
$43.7, respectively, of which ($.5), $.2, ($.5), and $.5 are
reflected in cost of sales, respectively, and $120.6, $49.2, $16.1,
and $43.2 are reflected in selling, general and administrative
expenses, respectively.
Fourth quarter 2005 includes costs to implement restructuring
initiatives of $56.5 of which $8.4 is reflected in cost of sales and
$48.1 is reflected in selling, general and administrative expenses.
NOTE 18. Subsequent Events
On February 1, 2007, we announced an increase in our quarterly
cash dividend to $.185 per share from $.175 per share. The first
dividend at the new rate will be paid on March 1, 2007, to
shareholders of record on February 15, 2007. With this increase,
the indicated annual dividend rate is $.74 per share.
A V O N 2006 F-33