Cobra 2002 Annual Report Download - page 3

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14 COBRA฀ELECTRONICS฀CORPORATION
2002฀ANNUAL฀REPORT฀ ฀ ฀ ฀ 15
Financial฀Highlights
฀ ฀ ฀ Percent
(In฀thousands,฀except฀per฀share฀amounts)฀ 2002฀ 2001฀ Change
Operating฀Data:
Net฀sales฀ $฀135,840฀฀ $฀150,031฀฀ (9.5)%฀
Gross฀pro฀t฀ ฀ 34,277฀฀ ฀ 38,989฀฀ (12.1)%฀
Operating฀income฀ ฀ 3,203฀฀ ฀ 9,183฀฀ (65.1)%
Income฀before฀taxes฀ ฀ 3,066฀฀ ฀ 8,279฀฀ (63.0)%
Net฀income฀ ฀ 1,720฀฀ ฀ 4,685฀฀ (63.3)%
Net฀income฀per฀share:฀ ฀
Basic฀ 0.27฀฀ ฀ 0.75฀฀ (64.0)%
Diluted฀ 0.26฀฀ ฀ 0.73฀฀ (64.4)%
As฀of฀December฀31:
Total฀assets฀ $฀ 75,182฀฀ $฀ 89,592฀฀ (16.1)%
Long-term฀debt฀ 0฀฀ ฀ 15,378฀฀ (100.0)%
Shareholders’฀equity฀ ฀ 56,279฀฀ ฀ 53,972฀฀ 4.3%฀
Book฀value฀per฀share฀ ฀ 8.77฀฀ ฀ 8.56฀฀ 2.5%
Shares฀outstanding฀ 6,420฀฀ ฀ 6,303฀฀ 1.9%
Sales
(000,000)
Book฀Value฀
Per฀Share
2002฀ANNUAL฀REPORT฀ ฀ ฀ ฀ 1
Where฀Cobra฀products฀are฀sold
’98฀ ’99฀ ’00฀ ’01฀ ’02
$135.8
’98฀ ’99฀ ’00฀ ’01฀ ’02
$150.0
$143.2
$118.7
$103.4
$8.77
$8.56
$7.89
$6.80
$6.18