Harris Teeter 2004 Annual Report Download - page 2

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(dollars in thousands, except per share data) 20041,2 2003120021200112000
Net Sales $ 2,868,597 $ 2,724,739 $ 2,644,198 $ 2,743,290 $ 2,692,091
Total Operating Profit 112,414 102,112 93,802 48,702 99,446
Net income (loss) 64,659 59,882 51,983 (727) 51,002
Net income (loss) per share
Basic 1.39 1.29 1.12 (0.02) 1.10
Diluted 1.38 1.29 1.12 (0.02) 1.10
Dividend per share 0.40 0.36 0.36 0.36 0.36
Total assets 1,111,992 1,065,022 1,039,271 940,064 1,020,684
Long-term debt
—
including current portion 166,287 189,095 185,892 157,113 227,940
Shareholders’ equity 549,710 495,265 457,688 445,353 473,005
Book value per share 11.76 10.71 9.85 9.61 10.23
00 01 02 03 04
2.69
2.74
2.64
2.72
2.87
00 01 02 03 04
99.4
48.7
93.8
102.1
112.4
00 01 02 03 04
51.0
(0.7)
52.0
59.9
64.7
00 01 02 03 04
1.10
(0.02)
1.12
1.29
1.38
00 01 02 03 04
0.36
0.36
0.36
0.36
0.40
00 01 02 03 04
32.1
25.7
28.5
27.3
23.0
00 01 02 03 04
473.0
445.4
457.7
495.3
549.7
Sales
IN BILLIONS OF DOLLARS
Operating Profit1
IN M ILLIONS OF DOLLARS
Net Income (Loss)1
IN M ILLIONS OF DOLLARS
Debt as a Percent
of Capital Employed
Dividends per Share
IN DOLLARS
Shareholders’
Equity
IN M ILLIONS OF DOLLARS
Earnings (Loss)
per Share – Diluted 1
IN DOLLARS
1 The following charges in fiscal 2004, 2003, 2002, and 2001 are included in the financial highlights:
Fiscal 2004:Net pre-tax exit and impairment charges at A&E of $384,000 ($238,000 after income tax benefits) related to severance costs.
Fiscal 2003: Net pre-tax
exit and impairment
charges of $580,000 ($360,000 after income tax benefits, or $0.01 per diluted share) related to asset impairments.
Fiscal 2002: Net pre-tax charges of $7,113,000 ($4,394,000 after income tax benefits, or $0.09 per diluted share) related to asset impairments and other exit costs.
Fiscal 2001: Net pre-tax charges of $47,140,000 ($28,655,000 after income tax benefits, or $0.62 per diluted share) related to asset impairments and other exit
costs and $20 million of additional income taxes ($0.43 per diluted share) related to a settlement with the Internal Revenue Service.
2 53-week year.
2004
Financial Highlights