Callaway 1998 Annual Report Download - page 3

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STEELHEAD
BIG BERTHA
1
FINANCIAL HIGHLIGHTS
Net Income (Loss) (in millions)
95
$553
$255
96
$679
97
$843
98
$698
92 93 94
$449
$132
95
$98
$43
96
$122
97
$133
$(27)
949392
$78
$19
98
Net Sales (in millions)
(in thousands, except per share data) 1998 1997 1996 1995 1994 1993 1992**
Net sales $697,621 $842,927 $678,512 $553,287 $448,729 $254,645 $132,058
Pretax (loss) income $(38,899) $213,765 $195,595 $158,401 $129,405 $69,600 $33,175
Net (loss) income $(26,564) $132,704 $122,337 $97,736 $78,022 $42,862†$19,280
Basic (loss) earnings per share*$(0.38) $1.94 $1.83 $1.47 $1.14 $0.68†$0.35
Diluted (loss) earnings per share*$(0.38) $1.85 $1.73 $1.40 $1.07 $0.62†$0.32
Shareholders’ equity $453,096 $481,425 $362,267 $224,934 $186,414 $116,577 $49,750
Market capitalization at December 31 $769,725 $2,120,813 $2,094,588 $1,604,741 $1,127,823 $901,910 $245,254
*Adjusted for all stock splits
**The Company was not public until February 1992
†Includes cumulative effect of an accounting change of $1,658
CALLAWAY GOLF COMPANY