Columbia Sportswear 2002 Annual Report Download - page 54

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SUPPLEMENTAL INFORMATION—QUARTERLY FINANCIAL DATA (Unaudited)
The following table summarizes the Company’s quarterly financial data for the past two years ended
December 31, 2002 (in thousands, except per share amounts):
2002
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Net sales ............................................. $143,299 $124,195 $331,504 $217,321
Grossprofit ........................................... 61,151 54,094 160,787 102,505
Netincome ........................................... 8,963 7,536 56,882 29,137
Earnings per share
Basic ............................................ $ 0.23 $ 0.19 $ 1.44 $ 0.74
Diluted ........................................... 0.22 0.19 1.42 0.72
2001
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Net sales ............................................. $138,083 $121,544 $305,630 $214,324
Grossprofit ........................................... 59,201 53,189 146,645 98,116
Netincome ........................................... 8,608 6,430 49,576 24,210
Earnings per share
Basic ............................................ $ 0.22 $ 0.16 $ 1.26 $ 0.62
Diluted ........................................... 0.22 0.16 1.24 0.61
Earnings per share have been restated to reflect the three-for-two stock split that was distributed on June 4,
2001, to all shareholders of record at the close of business on May 17, 2001.
Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
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