Dow Chemical 2012 Annual Report Download - page 165

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139
The Dow Chemical Company and Subsidiaries
Selected Quarterly Financial Data
In millions, except per share amounts (Unaudited)
2012 1st 2nd 3rd 4th Year
Net sales $ 14,719 $ 14,513 $ 13,637 $ 13,917 $ 56,786
Cost of sales 12,285 12,200 11,368 11,939 47,792
Gross margin 2,434 2,313 2,269 1,978 8,994
Goodwill impairment loss 220 220
Restructuring charges 357 986 1,343
Net income (loss) available for common
stockholders 412 649 497 (716) 842
Earnings (loss) per common share - basic (1) 0.35 0.55 0.42 (0.61) 0.71
Earnings (loss) per common share - diluted (1) 0.35 0.55 0.42 (0.61) 0.70
Common stock dividends declared per share of
common stock 0.25 0.32 0.32 0.32 1.21
Market price range of common stock: (2)
High 36.00 36.08 32.48 32.95 36.08
Low 29.27 29.27 28.45 27.45 27.45
In millions, except per share amounts (Unaudited)
2011 1st 2nd 3rd 4th Year
Net sales $ 14,733 $ 16,046 $ 15,109 $ 14,097 $ 59,985
Cost of sales 12,117 13,551 12,928 12,433 51,029
Gross margin 2,616 2,495 2,181 1,664 8,956
Acquisition-related integration expenses 31 31
Net income (loss) available for common
stockholders 625 982 815 (20) 2,402
Earnings (loss) per common share - basic (1) 0.55 0.84 0.70 (0.02) 2.06
Earnings (loss) per common share - diluted (1) 0.54 0.84 0.69 (0.02) 2.05
Common stock dividends declared per share of
common stock 0.15 0.25 0.25 0.25 0.90
Market price range of common stock: (2)
High 39.00 42.23 37.30 29.56 42.23
Low 34.12 33.97 22.46 20.61 20.61
See Notes to the Consolidated Financial Statements.
(1) Due to an increase in the share count, the sum of the four quarters may not equal the earnings per share amount calculated for the year.
(2) Composite price as reported by the New York Stock Exchange.