Nautilus 2001 Annual Report Download - page 40

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1999 2000 2001
------------ ------------
------------
NET SALES $133,078,513 $223,927,365
$363,862,384
COST OF SALES 46,482,613 75,573,619
140,698,578
------------ ------------
------------
Gross profit 86,595,900 148,353,746
223,163,806
------------ ------------
------------
OPERATING EXPENSES:
Selling and marketing 44,629,825 73,509,675
99,813,812
General and administrative 4,236,804 8,804,446
15,573,667
Royalties 2,897,278 4,979,287
7,363,067
Litigation settlement 4,000,000 -
-
------------ ------------
------------
Total operating expenses 55,763,907 87,293,408
122,750,546
------------ ------------
------------
OPERATING INCOME 30,831,993 61,060,338
100,413,260
------------ ------------
------------
OTHER INCOME (EXPENSE):
Interest income 1,003,586 3,631,993
4,024,095
Other, net 2,737 347,175
380,623
------------ ------------
------------
Total other income, net 1,006,323 3,979,168
4,404,718
------------ ------------
------------
INCOME BEFORE INCOME TAXES 31,838,316 65,039,506
104,817,978
INCOME TAX EXPENSE 11,495,425 23,413,412
38,235,314
------------ ------------
------------
NET INCOME $ 20,342,891 $ 41,626,094 $
66,582,664
============ ============
============
BASIC EARNINGS PER SHARE $ 0.59 $ 1.18 $
1.89
============ ============
============
DILUTED EARNINGS PER SHARE $ 0.58 $ 1.15 $
1.85
2002. EDGAR Online, Inc.