E-Z-GO 2006 Annual Report Download - page 96

Download and view the complete annual report

Please find page 96 of the 2006 E-Z-GO annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

75
Quarterly Data
(Unaudited) 2006 2005
(Dollars in millions, except per share amounts)
Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1
Revenues
Bell $ 965 $ 855 $ 805 $ 783 $ 805 $ 674 $ 786 $ 616
Cessna 1,232 1,050 1,005 869 967 890 910 713
Industrial 792 720 818 798 744 686 824 800
Finance 212 212 192 182 185 155 147 141
Total revenues $ 3,201 $ 2,837 $ 2,820 $ 2,632 $ 2,701 $ 2,405 $ 2,667 $ 2,270
Segment profit
Bell $ 48 $ 67 $ 65 $ 69 $ 121 $ 89 $ 83 $ 75
Cessna 213 162 153 117 132 117 121 87
Industrial 32 28 54 49 16 21 58 55
Finance 52 53 56 49 51 43 44 33
Total segment profit 345 310 328 284 320 270 306 250
Special charges ———— (21) (2) (41) (54)
Corporate expenses and other, net (60) (45) (48) (49) (54) (47) (55) (43)
Interest expense, net (20) (23) (25) (22) (21) (23) (22) (24)
Income taxes (69) (67) (78) (55) (56) (52) (70) (45)
Income from continuing operations 196 175 177 158 168 146 118 84
(Loss) income from discontinued
operations, net of income taxes (1) (6) (108) 10 (50) (310) 5 42
Net income (loss) $ 195 $ 169 $ 69 $ 168 $ 118 $ (164) $ 123 $ 126
Earnings per common share
Basic:
Income from continuing operations $ 1.57 $ 1.39 $ 1.38 $ 1.21 $ 1.28 $ 1.10 $ 0.88 $ 0.62
(Loss) income from discontinued
operations, net of income taxes (0.01) (0.05) (0.84) 0.08 (0.38) (2.33) 0.04 0.31
Net income (loss) $ 1.56 $ 1.34 $ 0.54 $ 1.29 $ 0.90 $ (1.23) $ 0.92 $ 0.93
Basic average shares outstanding
(In thousands)
125,544 125,809 128,453 130,093 131,569 132,910 134,603 135,127
Diluted:
Income from continuing operations $ 1.54 $ 1.36 $ 1.34 $ 1.19 $ 1.25 $ 1.07 $ 0.86 $ 0.61
(Loss) income from discontinued
operations, net of income taxes (0.01) (0.04) (0.81) 0.07 (0.37) (2.27) 0.03 0.30
Net income (loss) $ 1.53 $ 1.32 $ 0.53 $ 1.26 $ 0.88 $ (1.20) $ 0.89 $ 0.91
Diluted average shares outstanding
(In thousands)
128,023 128,379 131,294 132,856 134,300 135,629 137,582 138,283
Segment profit margins
Bell 5.0% 7.8% 8.1% 8.8% 15.0% 13.2% 10.6% 12.2%
Cessna 17.3 15.4 15.2 13.5 13.7 13.1 13.3 12.2
Industrial 4.0 3.9 6.6 6.1 2.2 3.1 7.0 6.9
Finance 24.5 25.0 29.2 26.9 27.6 27.7 29.9 23.4
Segment profit margin 10.8% 10.9% 11.6% 10.8% 11.8% 11.2% 11.5% 11.0%
Common stock information
Price range: High $ 98.38 $ 93.13 $ 98.10 $ 94.40 $ 80.00 $ 78.80 $ 78.30 $ 80.05
Low $ 88.19 $ 81.10 $ 82.51 $ 75.76 $ 69.00 $ 65.85 $ 71.11 $ 68.61
Dividends per share $ 0.3875 $ 0.3875 $ 0.3875 $ 0.3875 $ 0.350 $ 0.350 $ 0.350 $ 0.350
Textron Inc.