Sunbeam 2002 Annual Report Download - page 12

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Jarden Corporation
Selected Financial Data
The following table sets forth our selected financial data as of and for the years ended December 31, 2002,
2001, 2000, 1999 and 1998. The selected financial data set forth below has been derived from our audited
consolidated financial statements and related notes for the respective fiscal years. The selected financial data
should be read in conjunction with ‘‘Management’s Discussion and Analysis of Financial Condition and Results
of Operations’’ as well as our consolidated financial statements and notes thereto. These historical results are
not necessarily indicative of the results to be expected in the future.
For the year ended December 31,
2002
(a) (b)
2001
(c)
2000
(d)
1999
(e)
1998
(f)
(in thousands, except per share data)
STATEMENT OF OPERATIONS DATA:
Net sales .......................... $368,199 $ 304,978 $357,356 $358,031 $258,489
Costs and expenses:
Cost of sales ..................... 216,629 232,634 274,248 256,201 187,295
Selling, general and administrative
expenses ...................... 86,461 53,254 57,342 56,429 38,331
Goodwill amortization ............ — 5,153 6,404 4,605 1,399
Special charges (credits) and
reorganization expenses (g) ...... — 4,978 380 2,314 1,260
Loss (gain) on divestiture of assets
and product lines. .............. — 122,887 — (19,678) —
Operating income (loss) ............. 65,109 (113,928) 18,982 58,160 30,204
Interest expense, net ................ 12,611 11,791 11,917 8,395 1,822
Income tax provision (benefit) ........ 16,189 (40,443) 2,402 19,458 10,785
Minority interest in gain (loss) of
consolidated subsidiary ........... — 153 (259) — —
Income (loss) from continuing
operations ...................... 36,309 (85,429) 4,922 30,307 17,597
Loss from discontinued operations .... — — — (87) (1,870)
Extraordinary loss from early
extinguishment of debt (net of
income taxes) ................... — — — (1,028) —
Net income (loss) ................... $ 36,309 $ (85,429) $ 4,922 $ 29,192 $ 15,727
Basic earnings (loss) per share (h):
Income (loss) from continuing
operations ...................... $ 2.60 $ (6.71) $ 0.39 $ 2.25 $ 1.24
Loss from discontinued operations .... — — — (.01) (.13)
Extraordinary loss from early
extinguishment of debt (net of
income taxes) ................... — — — (.07) —
$ 2.60 $ (6.71) $ 0.39 $ 2.17 $ 1.11
Diluted earnings (loss) per share (h):
Income (loss) from continuing
operations ...................... $ 2.52 $ (6.71) $ 0.39 $ 2.22 $ 1.22
Loss from discontinued operations .... — — — (.01) (.13)
Extraordinary loss from early
extinguishment of debt (net of
income taxes) ................... — — — (.07) —
$ 2.52 $ (6.71) $ 0.39 $ 2.14 $ 1.09
PG. 10