Invacare 2012 Annual Report Download - page 142

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INVACARE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS-(Continued)
Interim Financial Information (unaudited)
QUARTER ENDED
(In thousands, except per share data)
March 31, June 30, September 30, December 31,
2012
Net sales ........................... $ 355,101 $ 372,720 $ 367,217 $ 360,423
Gross profit ......................... 110,597 115,784 111,450 107,070
Earnings (loss) before income taxes ...... 7,273 6,850 4,045 (8,194)
Net earnings (loss) from continuing
operations .......................... 5,605 (4,305) 1,208 (10,777)
Net earnings from discontinued
operations .......................... 2,630 2,328 1,656 3,482
Net earnings (loss) ................... 8,235 (1,977) 2,864 (7,295)
Net earnings (loss) per share from
continuing operations—basic ........... 0.18 (0.14) 0.04 (0.34)
Net earnings per share from discontinued
operations—basic .................... 0.08 0.07 0.05 0.11
Net earnings (loss) per share—basic ..... 0.26 (0.06) 0.09 (0.23)
Net earnings (loss) per share from
continuing operations—assuming
dilution ............................ 0.18 (0.14) 0.04 (0.34)
Net earnings per share from discontinued
operations—assuming dilution .......... 0.08 0.07 0.05 0.11
Net earnings (loss) per share—assuming
dilution ............................ 0.26 (0.06) 0.09 (0.23)
March 31, June 30, September 30, December 31,
2011
Net sales ........................... $ 354,452 $ 390,675 $ 382,322 $ 374,190
Gross profit ......................... 114,019 125,125 122,172 119,828
Earnings before income taxes ........... 7,160 5,099 13,161 (34,558)
Net earnings (loss) from continuing
operations .......................... 4,690 7,579 8,891 (39,678)
Net earnings from discontinued
operations .......................... 2,764 3,082 3,909 4,650
Net earnings (loss) ................... 7,454 10,661 12,800 (35,028)
Net earnings (loss) per share from
continuing operations—basic ........... 0.15 0.24 0.28 (1.25)
Net earnings per share from discontinued
operations—basic .................... 0.09 0.10 0.12 0.15
Net earnings (loss) per share—basic ..... 0.23 0.33 0.40 (1.10)
Net earnings (loss) per share from
continuing operations—assuming
dilution ............................ 0.14 0.23 0.28 (1.25)
Net earnings per share from discontinued
operations—assuming dilution .......... 0.08 0.09 0.12 0.15
Net earnings (loss) per share—assuming
dilution ............................ 0.23 0.32 0.40 (1.10)
FS-62