Plantronics 2010 Annual Report Download - page 35

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27
ITEM 6. SELECTED FINANCIAL DATA
SELECTED FINANCIAL DATA
The following selected financial information has been derived from our 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.
2006
1
2007
1,2
2008
1,2,3
2009
1,2,4,5
2010
1,2,4,6
ATEMENT OF OPERATIONS DATA:
evenues $ 629,725 $ 676,514 $
($ in thousands, except per share data)
ST
N 747,935 $ 674,590 $ 613,837
O
O
In
In
B $ 1.42 $ 1.91 $ 0.93 $ 1.58
D
In
C
Sh
Sh hare calculations 48,788 48,020 49,090 48,947 49,331
BALANCE SHEET DATA:
Cash, cash equivalents, and short-term investments $ 76,732 $ 103,365 $ 163,091 $ 218,180 $ 369,192
Total assets $ 612,249 $ 651,304 $ 741,393 $ 633,120 $ 655,351
Long-term obligations $ 1,453 $ 696 $ 14,989 $ 13,698 $ 13,850
Total stockholders' equity $ 435,621 $ 496,807 $ 578,620 $ 525,367 $ 571,334
OTHER DATA:
Cash provided from operating activities $ 78,348 $ 73,048 $ 102,900
$ 99,150 $ 143,729
Fiscal Year Ended March 31,
et r
perating profit $ 99,851 $ 84,677 $ 115,166 $ 61,461 $ 97,635
perating margin 15.9% 12.5% 15.4% 9.1% 15.9%
come from continuing operations $ 102,043 $ 88,766 $ 121,020 $ 57,917 $ 100,740
come from continuing operations, net of tax $ 75,511 $ 67,267 $ 92,012 $ 45,342 $ 76,453
asic earnings per share - continuing operations $ 1.60
iluted earnings per share - continuing operations $ 1.55 $ 1.40 $ 1.87 $ 0.93 $ 1.55
come (loss) on discontinued operations, net of tax $ 5,639 $ (17,124) $ (23,617) $ (110,241) $ (19,075)
ash dividends declared per common share $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20
ares used in basic per share calculations 47,120 47,361 48,232 48,589 48,504
ares used in diluted per s
1 On December 1, 2009, we completed the sale of Altec Lansing, our AEG segment, and, therefore, its results are no longer
included in continuing operations for all periods presented. Accordingly, we have classified the AEG operating results, including
the loss on sale, as discontinued operations in the Consolidated statement of operations for all periods presented. See Note 4 of
the Consolidated Financial Statements and related notes, included elsewhere, herein.
2 We adopted new accounting principles for share-based payments beginning in fiscal 2007; as a result, $16.1 million, $15.0
million, $14.8 million, and $13.7 million in stock-based compensation expense has been included in our income from continuing
operations for the years ended March 31, 2007, 2008, 2009 and 2010, respectively. See Note 12 of the Consolidated Financial
Statements and related notes, included elsewhere, herein.
3 In the first quarter of fiscal 2008, we adopted new accounting principles for recognizing and measuring uncertain tax positions; as
a result, the liability for uncertain tax provisions not expected to be paid within the next twelve months of $13.5 million was
reclassified to long-term income taxes payable. See Note 15 of the Consolidated Financial Statements and related notes, included
elsewhere, herein.