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12 COBRA ELECTRONICS CORPORATION
Years Ended December 31,
In thousands, except per share amounts 2008 2007 2006
*
2005 2004
OPERATING DATA:
Net sales $ 124,745 $ 155,935 $ 153,695 $ 133,084 $ 122,877
Net (loss) earnings (18,839 ) (4,422 ) (1,630 ) 11,984 2,381
Net (loss) earnings per share
Basic $ (2.91 ) $ (0.68 ) $ (0.25 ) $ 1.86 $ 0.37
Diluted (2.91 ) (0.68 ) (0.25 ) 1.81 0.36
AS OF DECEMBER 31:
Total assets $ 78,998 $ 114,318 $ 116,758 $ 92,922 $ 82,494
Long-term debt 16,301 18,745 15,614 – –
* Reflects the acquisition of Performance Products Limited on October 20, 2006
The financial statements and selected financial data included herein have not been audited. The information was derived from the
full consolidated financial statements for the year ended December 31, 2008, which were presented in accordance with accounting
principles generally accepted in the United States of America and which were audited by Grant Thornton LLP in accordance with
standards of the Public Company Accounting Oversight Board (United States). Copies of the full consolidated financial statements
and the independent auditors’ report that expressed an unqualified opinion (dated March 17, 2009) are included in the Company’s
Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission, which is available upon request.
Five Year Financial Summary