WeightWatchers 2004 Annual Report Download - page 96

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WEIGHT WATCHERS INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS
18. Quarterly Financial Information (Unaudited)
The following is a summary of the unaudited quarterly consolidated results of operations for the
fiscal years ended January 1, 2005 and January 3, 2004.
For the Fiscal Quarters Ended
April 3, July 3, October 2, January 1,
2004 2004 2004 2005
Fiscal year ended January 1, 2005
Revenues, net ................................. $281,367 $264,892 $245,915 $232,745
Operating income .............................. $ 82,216 $ 86,974 $ 73,818 $ 62,877
Net income .................................. $ 36,757 $ 52,886 $ 50,232 $ 43,209
Basic EPS ................................... $ 0.35 $ 0.50 $ 0.48 $ 0.42
Diluted EPS .................................. $ 0.34 $ 0.49 $ 0.47 $ 0.41
For the Fiscal Quarters Ended
March 29, June 28, September 27, January 3,
2003 2003 2003 2004
Fiscal year ended January 3, 2004
Revenues, net ............................... $251,479 $258,869 $217,498 $216,086
Operating income ............................ $ 79,414 $ 97,636 $ 74,018 $ 65,001
Net income ................................ $ 40,581 $ 53,774 $ 11,482 $ 38,104
Basic EPS ................................. $ 0.38 $ 0.50 $ 0.11 $ 0.36
Diluted EPS ................................ $ 0.37 $ 0.49 $ 0.10 $ 0.35
Basic and diluted EPS are computed independently for each of the periods presented. Accordingly,
the sum of the quarterly EPS amounts may not agree to the total for the year. Beginning in the second
quarter of fiscal 2004, the Company’s results include the results of WeightWatchers.com (see Note 2 for
further details).
F-34