Nautilus 2008 Annual Report Download - page 73

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Table of Contents
17. SUPPLEMENTARY INFORMATION—QUARTERLY RESULTS OF OPERATIONS (unaudited)
The following table summarizes the Company’s unaudited quarterly financial data for the years ended December 31, 2008 and 2007:
69
QUARTER ENDED
(In thousands, except per share)
March 31
June 30
September 30
December 31
Total
2008:
Net sales
$
129,601
$
95,564
$
93,749
$
92,264
$
411,178
Gross profit
55,925
33,934
29,730
31,048
150,637
Operating loss
(8,320
)
(14,407
)
(13,376
)
(47,338
)
(83,441
)
Loss from continuing operations
(6,881
)
(9,634
)
(35,260
)
(41,224
)
(92,999
)
Income (loss) from discontinued operations, net of tax
521
758
1,142
(10
)
2,411
Net loss
(6,360
)
(8,876
)
(34,118
)
(41,234
)
(90,588
)
Net loss per share:
Basic and diluted
(0.20
)
(0.28
)
(1.11
)
(1.35
)
(2.91
)
Number of weighted
-
average shares outstanding
—
basic
and diluted
31,557
31,582
30,739
30,614
31,117
2007:
Net sales
$
136,973
$
102,534
$
115,257
$
146,707
$
501,471
Gross profit
62,515
38,229
43,331
35,288
179,363
Operating income (loss)
756
1,560
(23,246
)
(47,682
)
(68,612
)
Income (loss) from continuing operations
(9
)
654
(14,444
)
(32,013
)
(45,812
)
Income (loss) from discontinued operations, net of tax
2,473
454
997
(13,725
)
(9,801
)
Net income (loss)
2,464
1,108
(13,447
)
(45,738
)
(55,613
)
Net income (loss) per share:
Basic
0.08
0.04
(0.43
)
(1.45
)
(1.76
)
Diluted
0.08
0.04
(0.43
)
(1.45
)
(1.76
)
Number of weighted average shares outstanding:
Basic
31,508
31,545
31,545
31,555
31,538
Diluted
31,729
31,685
31,545
31,555
31,538