Garmin 2001 Annual Report Download - page 57

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GARMIN LTD. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Note 17. Selected Quarterly Information (Unaudited)
Year Ended December 29, 2001
Quarter Ended
March 31 June 30 September 29 December 29
Net sales $85,534 $103,634 $86,930 $93,021
Gross profit 45,918 55,050 47,729 49,462
Net income 23,799 36,603 25,001 28,045
Net income per share $ 0.22 $ 0.34 $ 0.23 $ 0.26
Year Ended December 30, 2000
Quarter Ended
March 25 June 24 September 23 December 30
Net sales $76,576 $ 93,964 $89,539 $85,662
Gross profit 41,913 50,025 49,031 42,757
Net income 20,599 29,161 28,292 27,611
Net income per share $ 0.21 $ 0.29 $ 0.28 $ 0.27
The above quarterly financial data is unaudited, but in the opinion of management, all adjustments necessary for a fair presentation
of the selected data for these interim periods presented have been included.
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