CDW 2003 Annual Report Download - page 65

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52
20. Selected Quarterly Financial Data (Unaudited)
The following information is for the years ended December 31, 2003 and 2002 (in thousands, except per share
data):
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
December 31, 2003
Net sales $ 1,017,619 $ 1,075,296 $ 1,222,785 $ 1,348,916
Gross profit 147,388 156,458 176,224 193,722
Income before income taxes 70,092 72,103 73,726 73,643
Net income 42,406 43,622 44,604 44,554
Earnings per share:
Basic $ 0.51 $ 0.52 $ 0.54 $ 0.54
Diluted $ 0.49 $ 0.51 $ 0.52 $ 0.51
December 31, 2002
Net sales $ 1,002,836 $ 1,056,820 $ 1,150,970 $ 1,053,953
Gross profit 130,163 137,248 157,040 139,384
Income before income taxes 67,366 72,814 90,734 75,283
Net income 40,756 44,053 54,894 45,546
Earnings per share:
Basic $ 0.47 $ 0.51 $ 0.65 $ 0.54
Diluted $ 0.45 $ 0.49 $ 0.63 $ 0.52