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FINANCIAL HIGHLIGHTS
Fiscal Year
($ in thousands, except per share data)
Net sales
Gross profit(1)
Income (loss) from operations(2)
Net income (loss)(3)
Diluted earnings (loss) per share
Cash and cash equivalents
Total assets
Total debt
Stockholders’ equity
(1) Includes a net charge to cost of sales of $30,134 in 2007
related to the reserve recorded for the potential liability for
certain commercial taxes in Brazil, as well as reductions in cost
of sales of $9,112, $9,758 and $8,224 in 2010, 2009 and
2008, respectively, for the release of portions of this reserve
as the statute of limitations for an assessment had expired.
(2) Includes items from footnote (1)above as well as: (i)charges
for the impairment of goodwill of $2,490 and $742,653 in
2009 and 2008, respectively; (ii)net reorganization costs
(credits) of $5,131, $1,137, $34,083, $17,029 and ($1,091)
in 2011, 2010, 2009, 2008 and 2007, respectively; and
(iii)a charge of $15,000 in 2007 associated with the loss on
settlement of a SEC matter regarding certain transactions with
McAfee, Inc. (formerly NAI) from 1998 through 2000.
(3) Includes the after-tax impact of items noted in footnotes
(1)and (2)above and a non-cash income tax charge of
$24,810 in 2011 for a valuation allowance recorded against
our deferred tax assets in Brazil.
2011
$36,328,701
1,908,282
458,646
244,240
1.53
891,403
9,146,516
392,428
3,272,777
2010
$34,588,984
1,892,291
484,433
318,060
1.94
1,155,551
9,084,032
636,401
3,241,182
2009
$29,515,446
1,670,209
295,940
202,138
1.22
910,936
8,179,350
379,495
3,011,813
2008
$34,362,152
1,940,091
(332,169)
(394,921)
(2.37)
763,495
7,083,473
478,388
2,655,845
2007
$35,047,089
1,909,298
446,420
275,908
1.56
579,626
8,975,001
523,116
3,426,942