LensCrafters 2004 Annual Report Download - page 115

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114
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
The following unaudited pro forma information for the
years ended December 31, 2002 and 2003,
summarizes the results of operations as if the
acquisition of OPSM had been completed on January
1, 2002 and includes certain pro forma adjustments
such as additional amortization of the trade name
recorded at the acquisition date.
Net sales
Income from operations
Net income
No. of shares (thousands) - Basic
No. of shares (thousands) - Diluted
Earnings per share (Euro) - Basic
Earnings per share (Euro) - Diluted
In thousands of Euro, except per share data (Unaudited)
3,449,810
615,764
372,987
453,174
455,353
0.82
0.82
2002
3,018,670
439,676
266,188
448,664
450,202
0.59
0.59
2003
Assets purchased
Cash and cash equivalents
Inventories
Property, plant and equipment
Prepaid expenses and other current assets
Accounts receivable
Trade name (useful life of 25 years, no residual value)
Other assets including deferred tax assets
Liabilities assumed
Accounts payable and accrued expenses
Other current liabilities
Deferred tax liabilities
Minority interests
Bank overdraft
Fair value of net assets
Goodwill
Total purchase price
5,990
23,623
49,781
7,433
1,064
141,195
12,616
(34,831)
(11,426)
(42,359)
(11,246)
(42,914)
98,926
154,750
253,676
In thousands of Euro