Audiovox 2004 Annual Report Download - page 28

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Equity Compensation Table
The following table sets forth information regarding the Company's equity
compensation plans in effect as of November 30, 2004:
Number of securities
Weighted average remaining available for
exercise price of future issuance under
Number of securities to outstanding equity compensation
be issued upon exercise of options, plans (excluding
outstanding options, warrants and securities reflected in
Plan Category warrants and rights rights first reporting column)
−−−−−−−−−−−−−−−−−−−−−−−−−−− −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− −−−−−−−−−−−−−−−−−−−−−−− −−−−−−−−−−−−−−−−−−−−−−−−−−−−−
Equity compensation
plans approved by
security holders 2,397,700 $11.77 274,953
Equity compensation
plans not approved
by security holders
(a) 150,000 11.12 −−
−−−−−−−−−− −−−−−− −−−−−−−−
Total 2,547,700 $11.74 274,953
========== ====== ========
−−−−−−−−−−−
(a) Represents 30,000 stock options issued to outside directors and
120,000 warrants issued to outside legal counsel. See Note 12 of Notes
to Consolidated Financial Statements.
Item 6−Selected Consolidated Financial Data
The following selected consolidated financial data for the last five years
should be read in conjunction with the consolidated financial statements and
related notes and "Management's Discussion and Analysis of Financial Condition
and Results of Operations" of this Form 10−K.
As of and for the Years Ended November 30,
2000(2) 2001(2) 2002 2003(3) 2004
−−−−−−−−− −−−−−−−−−− −−−−−−−−−− −−−−−−−−−−−− −−−−−−−−
Consolidated Statement of Operations
Data (in thousands, except per share
data)
−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−
Net sales (1) $ 276,471 $ 297,702 $ 372,724 $ 517,692 $ 567,077
Operating income (loss) (1) 1,312 86 6,116 13,585 (2,125)
Net income from continuing operations(1) 5,946 2,847 896 7,992 9
Net income (loss) from discontinued
operations 19,357 (10,045) (15,176) 3,247 77,191 (4)
Extraordinary item 2,189 −− −− −− −−
Cumulative effect of a change in
accounting for negative goodwill −− −− 240 −− −−
−−−−−−−−− −−−−−−−−− −−−−−−−−−− −−−−−−−−− −−−−−−−−−
Net income (loss) $ 27,492 $ (7,198) $ (14,040) $ 11,239 $ 77,200
========= ========== ========== ========= =========
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