Radio Shack 2010 Annual Report Download - page 79

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69
Three Months Ended
(In millions, except per share amounts) Mar. 31 Jun. 30 Sep. 30 Dec. 31
Year ended December 31,
2009:
Net sales and operating revenues $ 1,002.1 $ 965.7 $ 990.0 $ 1,318.2
Cost of products sold 534.5 520.9 518.9 739.2
Gross profit 467.6 444.8 471.1 579.0
SG&A expense 365.8 335.7 380.7 425.7
Depreciation and amortization 21.5 21.1 20.5 20.6
Impairment of long-lived assets 0.2 0.3 0.5 0.5
Total operating expenses 387.5 357.1 401.7 446.8
Operating income 80.1 87.7 69.4 132.2
Interest income 1.5 1.5 0.9 0.9
Interest expense (11.5) (11.1) (11.2) (10.3)
Other loss -- -- (1.6) --
Income before taxes 70.1 78.1 57.5 122.8
Income tax expense 27.0 29.3 20.1 47.1
Net income $ 43.1 $ 48.8 $ 37.4 $ 75.7
Net income per share:
Basic and diluted $ 0.34 $ 0.39 $ 0.30 $ 0.60
Shares used in computing income per share:
Basic 125.4 125.4 125.5 125.5
Diluted 125.4 125.8 126.3 127.1
The sum of the quarterly net income per share amounts may not total to each full year amount because these computations
are made independently for each quarter and for the full year and take into account the weighted average number of common
stock equivalent shares outstanding for each period, including the effect of dilutive securities for that period.