Motorola 2014 Annual Report Download - page 90

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88
16. Quarterly and Other Financial Data (unaudited)
2014 2013
1st 2nd 3rd 4th 1st 2nd 3rd 4th
Operating Results
Net sales $ 1,228 $ 1,393 $ 1,436 $ 1,824 $ 1,396 $ 1,497 $ 1,517 $ 1,817
Costs of sales 651 737 751 911 703 747 752 916
Gross margin 577 656 685 913 693 750 765 901
Selling, general and
administrative expenses 307 308 287 282 325 339 319 347
Research and development
expenditures 174 176 166 165 187 195 183 196
Other charges (11) 34 25 1,924 7 13 17 34
Operating earnings (loss) 107 138 207 (1,458) 174 203 246 324
Earnings (loss) from
continuing operations* 85 78 66 (926) 157 223 261 292
Net earnings* 127 824 147 201 192 258 307 342
Per Share Data (in dollars)
Earnings (loss) from
Continuing operations*:
Basic earnings (loss) per
common share $ 0.33 $ 0.31 $ 0.27 $ (4.02) $ 0.57 $ 0.83 $ 1.00 $ 1.13
Diluted earnings (loss) per
common share 0.33 0.30 0.27 (4.02) 0.56 0.81 0.98 1.12
Net earnings*:
Basic earnings per common
share $ 0.50 $ 3.25 $ 0.60 $ 0.87 $ 0.70 $ 0.96 $ 1.17 $ 1.33
Diluted earnings per
common share 0.49 3.22 0.59 0.87 0.68 0.94 1.16 1.31
Dividends declared $ 0.31 $ 0.31 $ 0.34 $ 0.34 $ 0.26 $ 0.26 $ 0.31 $ 0.31
Dividends paid 0.31 0.31 0.31 0.34 0.26 0.26 0.26 0.31
Stock prices
High $ 67.11 $ 67.80 $ 67.41 $ 67.87 $ 64.03 $ 64.69 $ 60.39 $ 67.50
Low $ 62.72 $ 62.50 $ 58.89 $ 58.50 $ 55.94 $ 55.50 $ 54.01 $ 59.38
* Amounts attributable to Motorola Solutions, Inc. common shareholders.