Earthlink 2003 Annual Report Download - page 13

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Price
The last reported sale price of EarthLink's common stock on the Nasdaq National Market on February 27, 2004 was $9.13 per share.
Holders
There were 2,107 holders of record of EarthLink's common stock on February 27, 2004.
Dividends
We have never declared or paid cash dividends on our common stock. We intend to retain all future earnings to finance future growth and,
therefore, do not anticipate paying any cash dividends in the foreseeable future.
Equity Compensation Plans
Information regarding securities authorized for issuance under our equity compensation plans as of December 31, 2003 is set forth under
the caption "Executive Compensation—Executive Officer Compensation—Amended Equity Compensation Plan Information" in our Proxy
Statement referred to in Item 10 or in a subsequent amendment to this report. Such information is incorporated herein by reference.
12
Item 6. Selected Financial Data.
The following selected consolidated financial data should be read in conjunction with "Management's Discussion and Analysis of
Financial Condition and Results of Operations" and the consolidated financial statements and notes thereto included elsewhere in this Report.
YEAR ENDED DECEMBER 31, 2002
First Quarter
$
13.52
$
7.81
Second Quarter
10.35
5.44
Third Quarter
6.85
4.40
Fourth Quarter
7.24
4.33
YEAR ENDED DECEMBER 31, 2003
First Quarter
$
6.34
$
4.50
Second Quarter
8.75
5.35
Third Quarter
9.39
6.59
Fourth Quarter
10.75
7.29
YEAR ENDING DECEMBER 31, 2004
First Quarter (through February 27, 2004)
$
11.49
$
8.99
Year Ended December 31,
1999
2000
2001
2002
2003
(in thousands, except per share amounts)
Statement of operations data:
Revenues
$
670,433
$
986,630
$
1,244,928
$
1,357,421
$
1,401,930
Operating costs and expenses
866,113
1,381,431
1,601,458
1,517,442
1,468,894
Loss from operations
(195,680
)
(394,801
)
(356,530
)
(160,021
)
(66,964
)
Net loss
(173,694
)
(345,922
)
(341,061
)
(148,033
)
(62,194
)
Deductions for accretion dividends (1)
(14,106
)
(23,730
)
(29,880
)
(19,987
)
(4,586
)
Net loss attributable to common stockholders
$
(187,800
) $
(369,652
) $
(370,941
) $
(168,020
) $
(66,780
)
Basic and diluted net loss per share (2) $
(1.65
) $
(2.99
) $
(2.73
) $
(1.11
) $
(0.42
)
Weighted average shares outstanding (2)
113,637
123,592
135,738
151,355
157,321
Cash flow data:
Cash provided by (used in) operating activities
$
44,211
$
(127,162
)
$
47,388
$
18,958
$
101,728
Cash used in investing activities
(339,749
)
(351,731
)
(287,986
)
(36,437
)
(45,171
)
Cash provided by (used in) financing activities
672,684
467,886
(10,119
)
(24,485
)
(88,882
)
As of December 31,