Dow Chemical 2011 Annual Report Download - page 246

152
The Dow Chemical Company and Subsidiaries
Selected Quarterly Financial Data
In millions, except per share amounts (Unaudited)
2011
Net sales
Cost of sales
Gross margin
Acquisition and integration related expenses
Net income available for common stockholders
Earnings per common share - basic (1)
Earnings per common share - diluted
Common stock dividends declared per share of
common stock
Market price range of common stock: (2)
High
Low
1st
$ 14,733
12,117
2,616
31
625
0.55
0.54
0.15
39.00
34.12
2nd
$ 16,046
13,551
2,495
—
982
0.84
0.84
0.25
42.23
33.97
3rd
$ 15,109
12,928
2,181
—
815
0.70
0.69
0.25
37.30
22.46
4th
$ 14,097
12,433
1,664
—
(20)
(0.02)
(0.02)
0.25
29.56
20.61
Year
$ 59,985
51,029
8,956
31
2,402
2.06
2.05
0.90
42.23
20.61
In millions, except per share amounts (Unaudited)
2010
Net sales
Cost of sales
Gross margin
Restructuring charges
Acquisition and integration related expenses
Asbestos-related credit
Net income available for common stockholders
Earnings per common share - basic
Earnings per common share - diluted (1)
Common stock dividends declared per share of
common stock
Market price range of common stock: (2)
High
Low
1st
$ 13,417
11,541
1,876
16
26
—
466
0.42
0.41
0.15
31.66
25.57
2nd
$ 13,618
11,580
2,038
13
37
—
566
0.50
0.50
0.15
32.05
23.40
3rd
$ 12,868
10,841
2,027
—
35
—
512
0.45
0.45
0.15
28.50
22.42
4th
$ 13,771
11,818
1,953
(3)
45
54
426
0.38
0.37
0.15
34.50
27.38
Year
$ 53,674
45,780
7,894
26
143
54
1,970
1.75
1.72
0.60
34.50
22.42
See Notes to the Consolidated Financial Statements.
(1) Due to an increase in the share count, the sum of the four quarters does not equal the earnings per share amount calculated for the year.
(2) Composite price as reported by the New York Stock Exchange.