E-Z-GO 2009 Annual Report Download - page 53
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For each of the years in the three-year period ended January 2, 2010
(In millions, except per share data) 2009 2008 2007
Revenues
Manufacturing revenues $ 10,139 $ 13,287 $ 11,520
Finance revenues 361 723 875
Total revenues 10,500 14,010 12,395
Costs, expenses and other
Cost of sales 8,468 10,583 9,099
Selling and administrative 1,344 1,606 1,545
Special charges 317 526 —
Provision for losses on finance receivables 267 234 33
Interest expense 309 448 507
Interest income (6) (16) (23)
Gain on sale of assets (50) — —
Total costs, expenses and other 10,649 13,381 11,161
Income (loss) from continuing operations before income taxes (149) 629 1,234
Income tax expense (benefit) (76) 305 368
Income (loss) from continuing operations (73) 324 866
Income from discontinued operations, net of income taxes 42 162 51
Net income (loss) $ (31) $ 486 $ 917
Basic earnings per share
Continuing operations $ (0.28) $ 1.32 $ 3.47
Discontinued operations 0.16 0.65 0.20
Basic earnings per share $ (0.12) $ 1.97 $ 3.67
Diluted earnings per share
Continuing operations $ (0.28) $ 1.29 $ 3.40
Discontinued operations 0.16 0.65 0.20
Diluted earnings per share $ (0.12) $ 1.94 $ 3.60
See Notes to the Consolidated Financial Statements.
Consolidated Statements of Operations