E-Z-GO 2006 Annual Report Download - page 57

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36
Consolidated Statements of Operations
For each of the years in the three-year period ended December 30, 2006
(In millions, except per share amounts)
2006 2005 2004
Revenues
Manufacturing revenues $ 10,692 $ 9,415 $ 7,773
Finance revenues 798 628 545
Total revenues 11,490 10,043 8,318
Costs, expenses and other
Cost of sales 8,528 7,464 6,206
Selling and administrative 1,523 1,403 1,209
Interest expense, net 438 290 246
Provision for losses on finance receivables 26 29 58
Special charges — 118 59
Total costs, expenses and other 10,515 9,304 7,778
Income from continuing operations before income taxes 975 739 540
Income taxes (269) (223) (165)
Income from continuing operations 706 516 375
Loss from discontinued operations, net of income taxes (105) (313) (10)
Net income $ 601 $ 203 $ 365
Per common share:
Basic:
Income from continuing operations $ 5.53 $ 3.86 $ 2.73
Loss from discontinued operations, net of income taxes (0.82) (2.34) (0.07)
Net income $ 4.71 $ 1.52 $ 2.66
Diluted:
Income from continuing operations $ 5.43 $ 3.78 $ 2.68
Loss from discontinued operations, net of income taxes (0.81) (2.29) (0.07)
Net income $ 4.62 $ 1.49 $ 2.61
See Notes to the consolidated financial statements.