Callaway 2000 Annual Report Download - page 49

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Callaway Golf Company | 49
SUMMARIZED QUARTERLY FINANCIAL DATA (UNAUDITED)(1)
MARKET FOR COMMON SHARES AND RELATED SHAREHOLDER MATTERS
(in thousands, except per share data) Fiscal Year 2000 Quarters(3)
1st 2nd 3rd 4th Total
Net sales $197,406 $289,922 $208,081 $142,218 $837,627
Gross profit $ 88,265 $144,507 $102,031 $ 62,705 $397,508
Net income $ 12,141 $ 44,189 $ 20,055 $ 4,614 $ 80,999
Earnings per common share(2)
Basic $0.17 $0.63 $0.29 $0.07 $1.16
Diluted $0.17 $0.61 $0.29 $0.07 $1.13
Fiscal Year 1999 Quarters
1st 2nd 3rd 4th Total
Net sales $186,747 $231,205 $184,488 $116,598 $719,038
Gross profit $ 82,868 $107,479 $ 89,545 $ 55,881 $334,773
Net income $ 12,823 $ 24,771 $ 17,572 $ 156 $ 55,322
Earnings per common share(2)
Basic $0.18 $0.35 $0.25 $0.00 $0.79
Diluted $0.18 $0.35 $0.25 $0.00 $0.78
(1)Shipping revenues and expenses have been reclassified in accordance with Emerging Issues Task Force Issue No. 00-10, "Accounting for Shipping
and Handling Revenues and Costs."
(2)Earnings per share is computed individually for each of the quarters presented; therefore, the sum of the quarterly earnings per share may not
necessarily equal the total for the year.
(3)Effective January 1, 2000, Callaway Golf adopted Staff Accounting Bulletin No. 101, “Revenue Recognition in Financial Statements”. Accordingly,
Callaway Golf has restated its results for all quarters of the year ended December 31, 2000.
The Company’s Common Shares are traded on the New York Stock Exchange (NYSE). The Company’s symbol for its Common Shares is “ELY.”
As of March 5, 2001, the approximate number of holders of record of the Company’s Common Stock was 9,000.
Stock Price Information
Year ended December 31,
2000 1999
Period: High Low Dividend High Low Dividend
First Quarter $17.75 $11.00 $0.07 $11.44 $10.00 $0.07
Second Quarter $20.56 $14.81 $0.07 $16.69 $12.19 $0.07
Third Quarter $16.69 $12.44 $0.07 $14.63 $19.31 $0.07
Fourth Quarter $19.56 $14.50 $0.07 $18.00 $11.69 $0.07