Barnes and Noble 2002 Annual Report Download - page 51

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21. SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
A summary of quarterly financial information for each of the last two fiscal years is as follows:
Fiscal 2002 Quarter End April July October January Total Fiscal
On or About 2002 2002 2002 2003 Year 2002
Sales $ 1,133,126 1,159,214 1,130,885 1,846,110 5,269,335
Gross profit $ 283,633 302,055 293,917 533,888 1,413,493
Equity in net loss of Barnes & Noble.com(a) $(7,435 ) ( 7,469 ) ( 6,323 ) ( 5,568 ) ( 26,795 )
Net earnings (loss) $ ( 16,321 ) 1,429 3,829 111,011 99,948
Earnings (loss) per common share
Basic $ ( 0.25 ) 0.02 0.06 1.72 1.51
Diluted $ ( 0.25 ) 0.02 0.05 1.49 1.39
Fiscal 2001 Quarter End April July October January Total Fiscal
On or About 2001 2001 2001 2002 Year 2001
Sales $ 1,009,637 1,050,018 995,605 1,815,130 4,870,390
Gross profit $ 259,051 275,322 261,794 514,185 1,310,352
Equity in net loss of Barnes & Noble.com(a) $(14,315 ) ( 13,906 ) ( 13,865 ) ( 46,292 ) ( 88,378 )
Net earnings (loss) $ ( 11,492 ) ( 1,690) ( 6,806 ) 83,955 63,967
Earnings (loss) per common share
Basic $ ( 0.18 ) ( 0.03 ) ( 0.10 ) 1.25 0.96
Diluted $ ( 0.18 ) ( 0.03 ) ( 0.10 ) 1.09 0.94
(a) Based on varying ownership interests as more fully discussed in Note 8 of the Notes to Consolidated Financial Statements.
[NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS continued ]
50
2002 Annual ReportBarnes & Noble, Inc.