Motorola 2006 Annual Report Download - page 128

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120
16. Quarterly and Other Financial Data (unaudited)*
2006
2005
1st 2nd 3rd 4th
1st 2nd 3rd 4th
Operating Results
Net sales $9,608 $10,876 $10,603 $11,792 $7,767 $8,408 $9,048 $10,039
Costs of sales 6,677 7,519 7,233 8,723 5,191 5,654 6,122 6,866
Gross margin 2,931 3,357 3,370 3,069 2,576 2,754 2,926 3,173
Selling, general and
administrative expenses 1,069 1,154 1,123 1,158 886 877 881 984
Research and development
expenditures 964 1,035 1,046 1,061 823 897 901 979
Other charges (income) 49 (354) 233 97 11 22 64 (501)
Operating earnings 849 1,522 968 753 856 958 1,080 1,711
Earnings from continuing
operations 656 1,349 727 529 685 919 1,738 1,177
Net earnings 686 1,384 968 623 692 933 1,751 1,202
Per Share Data (in dollars)
Continuing Operations:
Basic earnings per common
share $ 0.26 $ 0.55 $ 0.30 $ 0.22 $ 0.28 $ 0.37 $ 0.70 $ 0.47
Diluted earnings per common
share 0.26 0.54 0.29 0.21 0.28 0.37 0.68 0.46
Net Earnings:
Basic earnings per common
share 0.28 0.56 0.40 0.26 0.28 0.38 0.71 0.48
Diluted earnings per common
share 0.27 0.55 0.39 0.25 0.28 0.37 0.69 0.47
Dividends declared 0.04 0.05 0.05 0.05 0.04 0.04 0.04 0.04
Dividends paid 0.04 0.04 0.05 0.05 0.04 0.04 0.04 0.04
Stock prices
High 24.67 24.24 25.55 26.30 17.52 19.25 23.99 24.99
Low 20.22 19.01 18.66 20.17 14.69 14.48 18.05 19.45
* Certain amounts in prior years' financial statements and related notes have been reclassified to conform to the
2006 presentation.