Estee Lauder 2008 Annual Report Download - page 15

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13
FOR THE FISCAL YEAR ENDED JUNE 30 2008 2007 Change
(Dollars in millions, except per share data)
Net Sales† $7,910.8 $7,037.5 12%
Operating Income*† 810.7 749.9 8%
Net Earnings from Continuing Operations*† 473.8 448.7 6%
Net Earnings Per Common Share from
Continuing Operations —Diluted*† 2.40 2.16 11%
Total Assets $5,011.2 $4,125.7 21%
Stockholders’ Equity 1,653.2 1,199.0 38%
FINANCIAL OVERVIEW
NET SALES*†OPERATING INCOME*†
20082007200620052004
7.917.046.466.285.74
20082007200620052004
810.7749.9619.6726.8648.9
(Dollars in billions) (Dollars in millions)
NET EARNINGS FROM
CONTINUING OPERATIONS*†
DILUTED NET EARNINGS PER SHARE
FROM CONTINUING OPERATIONS*†
20082007200620052004
473.8448.7324.5409.9378.5
20082007200620052004
$2.40$2.16$1.49$1.80$1.64
(Dollars in millions)
* Refer to Selected Financial Data and related footnotes on page 55.
† In April 2006, we completed the sale of certain assets and operations of the reporting unit that marketed and sold
Stila brand products. In February 2004, we sold the assets and operations of our former reporting unit that sold jane
brand products. As a result, statements of earnings information for all periods presented have been restated to refl ect
those reporting units as discontinued operations.