Plantronics 2005 Annual Report Download - page 49

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part ii
Item 6. Selected Financial Data
SELECTED FINANCIAL DATA
The following selected financial information has been derived from the audited consolidated financial
statements. The information set forth below is not necessarily indicative of results of future operations
and should be read in conjunction with Item 7, ‘‘Management’s Discussion and Analysis of Financial
Condition and Results of Operations’’ and the Consolidated Financial Statements and notes thereto
included in Item 8 of this Form 10-K in order to fully understand factors that may affect the
comparability of the information presented below.
Fiscal Year Ended March 31, in thousands, except
income per share 2001 2002 2003 2004 2005
STATEMENT OF OPERATIONS DATA:
Net revenues $390,748 $311,181 $337,508 $416,965 $559,995
Net income $ 73,550 $ 36,248 $ 41,476 $ 62,279 $ 97,520*
Basic net income per Common share $ 1.49 $ 0.77 $ 0.92 $ 1.39 $ 2.02
Diluted net income per common share $ 1.38 $ 0.74 $ 0.89 $ 1.31 $ 1.92
Cash dividends declared per common share $ — $ — $ — $ — $ 0.15
Shares used in diluted per share
calculations 53,263 49,238 46,584 47,492 50,821
2001 2002 2003 2004 2005
BALANCE SHEET DATA:
Cash, cash equivalents, and marketable
securities $ 73,930 $ 60,310 $ 59,725 $180,616 $242,814
Total assets 227,877 201,058 205,209 368,252 487,929
Long-term liabilities ————2,930
Total stockholders’ equity $173,047 $141,993 $146,930 $299,303 $405,719
June 30, Sept. 30, Dec. 31, Mar. 31,
Quarter ended in thousands, except income per share 2003 2003 2003 2004
QUARTERLY DATA (UNAUDITED):
Net revenues $92,786 $95,117 $107,622 $121,440
Gross profit 45,467 48,766 56,241 65,496
Net income $11,341 $12,373 $ 17,619 $ 20,946
Basic net income per common share $ 0.26 $ 0.28 $ 0.39 $ 0.45
Diluted net income per common share $ 0.25 $ 0.27 $ 0.37 $ 0.42
Cash dividends declared per common share $ — $ — $ — $ —
AR 2005 ⯗21