Cogeco 2003 Annual Report Download - page 23

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Cogeco Cable Inc. 2003 21
(9) Quarterly Information
(in thousands of dollars, except per share data)
Nov. 30 Feb. 28 May 31 Aug. 31 Total
QUARTERS ENDED
Revenue $115,101 $ 118,353 $ 120,918 $ 124,921 $ 479,293
Operating Income 42,231 44,706 46,135 50,272 183,344
Income before income taxes 1,061 2,751 3,886 7,375 15,073
Net income from recurring operations 618 1,185 1,812 4,264 7,879
Net income 618 1,185 1,812 4,264 7,879
Cash Flow 26,420 28,900 30,344 34,596 120,260
Per Share Data(1)
Net income from recurring operations
– basic $0.02 $ 0.03 $ 0.05 $ 0.11 $ 0.20
– diluted 0.02 0.03 0.05 0.11 0.20
Net income
– basic 0.02 0.03 0.05 0.11 0.20
– diluted 0.02 0.03 0.05 0.11 0.20
Cash Flow
– basic 0.66 0.72 0.76 0.87 3.02
– diluted 0.66 0.72 0.76 0.87 3.01
QUARTERS ENDED Nov. 30 Feb. 28 May 31 Aug. 31 Total
Revenue $ 113,583 $ 111,214 $ 111,009 $ 112,178 $ 447,984
Operating Income 41,195 41,505 41,797 43,849 168,346
Income (loss) before income taxes (208) 2,599 2,993 3,319 8,703
Net income from recurring operations 1,737 982 2,017 2,464 7,200
Net income (loss) (1,675) 982 2,017 2,464 3,788
Cash Flow 26,850 25,759 27,013 31,551 111,173
Per Share Data(1)
Net income from recurring operations
– basic $ 0.04 $ 0.02 $ 0.05 $ 0.06 $ 0.18
– diluted 0.04 0.02 0.05 0.06 0.18
Net income (loss)
– basic (0.04) 0.02 0.05 0.06 0.10
– diluted (0.04) 0.02 0.05 0.06 0.09
Cash Flow
– basic 0.67 0.65 0.68 0.79 2.79
– diluted 0.67 0.65 0.68 0.79 2.79
(1) The addition of quarterly per share information may not correspond to the total given the fluctuation in the number of shares outstanding.
Operating Results
2003
2002
MANAGEMENT’S DISCUSSION AND ANALYSIS