Motorola 2010 Annual Report Download - page 129

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121
16. Quarterly and Other Financial Data (unaudited)*
2010 2009
1st 2nd 3rd 4th 1st 2nd 3rd 4th
Operating Results
Net sales $4,195 $4,534 $4,890 $5,663 $4,472 $4,553 $4,336 $4,786
Costs of sales 2,744 2,900 3,110 3,630 3,269 3,182 2,897 3,058
Gross margin 1,451 1,634 1,780 2,033 1,203 1,371 1,439 1,728
Selling, general and administrative
expenses 791 822 810 944 782 750 718 808
Research and development
expenditures 618 634 637 641 695 634 621 648
Other charges 75 (41) 108 70 221 61 111 184
Operating earnings (loss) (33) 219 225 378 (495) (74) (11) 88
Earnings (loss) from continuing
operations** (9) 49 7 207 (317) (11) (90) 51
Net earnings (loss)** 69 162 109 293 (231) 26 12 142
Per Share Data (in dollars)
Continuing Operations:
Basic earnings (loss) per common
share $ (0.03) $ 0.15 $ 0.02 $ 0.62 $ (0.97) $ (0.03) $ (0.27) $ 0.15
Diluted earnings (loss) per common
share (0.03) 0.15 0.02 0.61 (0.97) (0.03) (0.27) 0.15
Net Earnings:
Basic earnings (loss) per common
share 0.21 0.49 0.33 0.87 (0.71) 0.08 0.04 0.43
Diluted earnings (loss) per common
share 0.21 0.48 0.32 0.86 (0.71) 0.08 0.04 0.43
Dividends declared ————————
Dividends paid ————0.35 — — —
Stock prices
High 57.82 54.25 61.18 64.26 34.65 48.65 66.15 65.52
Low 42.28 43.75 45.43 53.55 20.86 29.75 41.37 53.69
* Certain amounts in prior years’ financial statements and related notes have been reclassified to conform to the 2010 presentation.
** Amounts attributable to Motorola Solutions, Inc. common shareholders.
Presentation gives effect to the Reverse Stock Split, which occurred on January 4, 2011.