Polaris 2013 Annual Report Download - page 50

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For the Years Ended December 31,
(Dollars in millions, except per-share data) 2007 2006 2005 2004 2003
Statement of Operations Data
Sales Data:
Total sales ............................... $1,780.0 $1,656.5 $1,869.8 $1,773.2 $1,552.4
Percent change from prior year ............ 7% ǁ11% 5% 14% 6%
Sales mix by product:
Off-Road Vehicles ...................... 67% 67% 66% 66% 67%
Snowmobiles .......................... 10% 10% 14% 16% 15%
Motorcycles .......................... 6% 7% 5% 4% 4%
Small Vehicles ........................ —% —% —% —% —%
Parts, Garments and Accessories ........... 17% 16% 15% 14% 14%
Gross Profit Data:
Total gross profit .......................... $ 393.0 $ 359.4 $ 411.0 $ 416.6 $ 356.0
Percent of sales ........................ 22.1% 21.7% 22.0% 23.5% 22.9%
Operating Expense Data:
Total operating expenses .................... $ 262.3 $ 238.4 $ 244.7 $ 242.7 $ 206.0
Percent of sales ........................ 14.7% 14.4% 13.1% 13.7% 13.3%
Operating Income Data:
Total operating income ...................... $ 176.0 $ 168.1 $ 205.0 $ 205.9 $ 173.5
Percent of sales ........................ 9.9% 10.1% 11.0% 11.6% 11.2%
Net Income Data:
Net income from continuing operations .......... $ 112.6 $ 112.8 $ 137.7 $ 132.3 $ 115.2
Percent of sales ........................ 6.3% 6.8% 7.4% 7.5% 7.4%
Diluted net income per share from continuing
operations .......................... $ 1.55 $ 1.36 $ 1.57 $ 1.49 $ 1.29
Net income ........................... $ 111.7 $ 107.0 $ 136.7 $ 99.9 $ 106.3
Diluted net income per share ............. $ 1.54 $ 1.29 $ 1.56 $ 1.12 $ 1.19
Cash Flow Data:
Cash flow provided by continuing operations ......... $ 213.2 $ 152.8 $ 162.5 $ 237.1 $ 162.5
Purchase of property and equipment for continuing
operations ................................ 63.7 52.6 89.8 88.8 59.2
Repurchase and retirement of common stock ......... 103.1 307.6 132.3 66.8 73.1
Cash dividends to shareholders ................... 47.7 50.2 47.0 38.9 26.7
Cash dividends per share ....................... $ 0.68 $ 0.62 $ 0.56 $ 0.46 $ 0.31
Balance Sheet Data (at end of year):
Cash and cash equivalents ....................... $ 63.3 $ 19.6 $ 19.7 $ 138.5 $ 82.8
Current assets ............................... 447.6 393.0 374.0 465.7 387.7
Total assets ................................. 769.9 778.8 770.6 792.9 674.2
Current liabilities ............................. 388.2 361.4 375.6 405.2 330.5
Long-term debt and capital lease obligations ......... 200.0 250.0 18.0 18.0 18.0
Shareholders’ equity ........................... 173.0 167.4 377.0 368.1 325.7
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