Cisco 2004 Annual Report Download - page 64

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July 31, May 1, Jan. 24, Oct. 25, July 26, April 26, Jan. 25, Oct. 26,
Quarters ended 2004 2004 2004 2003 2003 2003 2003 2002
Net sales $ 5,926 $ 5,620 $ 5,398 $ 5,101 $ 4,702 $ 4,618 $ 4,713 $ 4,845
Gross margin $ 4,055 $ 3,867 $ 3,698 $ 3,506 $ 3,289 $ 3,269 $ 3,317 $ 3,358
Income before cumulative
effect of accounting change $ 1,380 $ 1,211 $ 1,291 $ 1,086 $ 982 $ 987 $ 991 $ 618
Income per share before
cumulative effect of
accounting change—basic $ 0.20 $ 0.18 $ 0.19 $ 0.16 $ 0.14 $ 0.14 $ 0.14 $ 0.09
Income per share
before cumulative
effect of accounting
change—diluted $ 0.20 $ 0.17 $ 0.18 $ 0.15 $ 0.14 $ 0.14 $ 0.14 $ 0.08
Net income $ 1,380 $ 1,211 $ 724 $ 1,086 $ 982 $ 987 $ 991 $ 618
Net income per
share—basic $ 0.20 $ 0.18 $ 0.11 $ 0.16 $ 0.14 $ 0.14 $ 0.14 $ 0.09
Net income per
share—diluted $ 0.20 $ 0.17 $ 0.10 $ 0.15 $ 0.14 $ 0.14 $ 0.14 $ 0.08
Cash and cash equivalents
and total investments $19,267 $18,946 $19,834 $19,688 $20,652 $20,316 $21,197 $21,188
STOCK MARKET INFORMATION
Cisco common stock is traded on the Nasdaq National Market under the symbol CSCO. The following table lists the high and low
sales prices for each period indicated:
2004 2003
Fiscal High Low High Low
First quarter $ 21.56 $ 17.42 $ 15.29 $ 8.12
Second quarter $ 29.39 $ 19.81 $ 15.63 $ 10.14
Third quarter $ 28.50 $ 20.82 $ 14.78 $ 12.33
Fourth quarter $ 24.20 $ 20.07 $ 19.55 $ 14.40
The Company has never paid cash dividends on its common stock and has no present plans to do so. There were 84,686 registered
shareholders as of September 9, 2004.
2004 ANNUAL REPORT 67
SUPPLEMENTARY FINANCIAL DATA (UNAUDITED)
(In millions, except per-share amounts)