Motorola 2013 Annual Report Download - page 99

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97
16. Quarterly and Other Financial Data (unaudited)
2013 2012
1st 2nd 3rd 4th 1st 2nd 3rd 4th
Operating Results
Net sales $ 1,973 $ 2,107 $ 2,112 $ 2,504 $ 1,956 $ 2,148 $ 2,153 $ 2,441
Costs of sales 1,018 1,078 1,069 1,290 983 1,088 1,066 1,212
Gross margin 955 1,029 1,043 1,214 973 1,060 1,087 1,229
Selling, general and
administrative expenses 460 470 438 471 472 496 485 510
Research and development
expenditures 262 268 253 272 254 269 262 290
Other charges 17 25 32 58 15 17 16 6
Operating earnings 216 266 320 413 232 278 324 423
Earnings from continuing
operations* 192 258 307 343 159 177 206 336
Net earnings* 192 258 307 343 157 182 206 336
Per Share Data (in dollars)
Continuing operations:
Basic earnings per common
share $ 0.70 $ 0.96 $ 1.17 $ 1.33 $ 0.51 $ 0.61 $ 0.73 $ 1.20
Diluted earnings per
common share 0.68 0.94 1.16 1.31 0.50 0.60 0.72 1.18
Net earnings
Basic earnings per common
share $ 0.70 $ 0.96 $ 1.17 $ 1.33 $ 0.50 $ 0.63 $ 0.73 $ 1.20
Diluted earnings per
common share 0.68 0.94 1.16 1.31 0.49 0.61 0.72 1.18
Dividends declared $ 0.26 $ 0.26 $ 0.31 $ 0.31 $ 0.22 $ 0.22 $ 0.26 $ 0.26
Dividends paid 0.26 0.26 0.26 0.31 0.22 0.22 0.22 0.26
Stock prices
High $ 64.03 $ 64.69 $ 60.39 $ 67.50 $ 51.76 $ 51.46 $ 51.79 $ 55.68
Low $ 55.94 $ 55.50 $ 54.01 $ 59.38 $ 44.94 $ 46.73 $ 45.18 $ 49.77
* Amounts attributable to Motorola Solutions, Inc. common shareholders.