LeapFrog 2008 Annual Report Download - page 33
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ITEM 6. SELECTED FINANCIAL DATA
The following selected significant consolidated financial data for the five fiscal years from January 1, 2004
through December 31, 2008, have been derived from our audited consolidated financial statements. The following
information is qualified by reference to, and should be read in conjunction with Part II, Item 7—“Management’s
Discussion and Analysis of Financial Condition and Results of Operations” and the Consolidated Financial
Statements and related Notes thereto.
2008 2007 2006 2005 2004
(In millions, except per share data)
Consolidated Statements of Operations Data:
Net sales ............................................. $459.1 $ 442.3 $ 502.3 $649.8 $640.3
Gross profit .......................................... 181.5 173.3 147.0 279.6 259.0
Operating expenses .................................... 241.6 274.5 271.7 258.6 273.0
Income (loss) from operations ............................ (60.1) (101.2) (124.7) 21.0 (14.0)
Net income (loss) ...................................... $(68.3) $(101.3) $(145.1) $ 17.5 $ (6.5)
Net income (loss) per common share:
Basic ........................................... $(1.07) $ (1.60) $ (2.31) $ 0.28 $ (0.11)
Diluted .......................................... $(1.07) $ (1.60) $ (2.31) $ 0.28 $ (0.11)
Shares used in calculating net income (loss) per share: (1)
Basic ........................................... 63.6 63.4 62.8 61.8 60.0
Diluted .......................................... 63.6 63.4 62.8 62.3 60.0
(1) Weighted average shares outstanding of Class A
and Class B common stock 2008 2007 2006 2005 2004
(In millions, except per share data)
Consolidated Balance Sheet Data:
Cash, cash equivalents and short-term investments ........... $ 79.1 $ 93.5 $ 148.1 $ 72.1 $ 88.7
Restricted cash ........................................ — — — — 8.4
Working capital (2) .................................... 140.0 192.1 209.2 410.7 376.6
Total assets .......................................... 307.3 370.5 439.2 594.7 559.8
Total stockholders’ equity ............................... $179.9 $ 243.5 $ 334.0 $466.3 $434.5
(2) Current assets less current liabilities. 2008 2007 2006 2005 2004
(In millions, except per share data)
Consolidated Statements of Cash Flows Data:
Net cash provided by (used in):
Operating activities ** .............................. $ 12.0 $ (15.4) $ 90.4 $ (24.7) $ —
Investing activities ** .............................. (23.4) 41.0 (77.5) — —
Financing activities ** .............................. — 1.9 4.2 10.3 13.0
Effect of exchange rate changes on cash .................... (2.8) (1.3) 1.8 2.3 2.2
Increase (decrease) in cash and cash equivalents ............. $(14.4) $ 26.2 $ 18.9 $ (12.1) $ 15.2
** Dashes (—) indicate amounts significantly less than $500 thousand
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