LeapFrog 2008 Annual Report Download - page 94

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LEAPFROG ENTERPRISES, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except per share data)
21. Selected Quarterly Financial Information—Unaudited
Unaudited selected financial information by quarter for the years ended December 31, 2008 and 2007 is
presented below.
For 2008 Quarters Ended Full Year
2008March 31 June 30 September 30 December 31
(All quarterly data unaudited)
Net sales ................................. $58,274 $ 68,341 $194,626 $137,818 $459,059
Gross profit ............................... 21,131 26,887 85,326 48,141 181,485
Total operating expenses ..................... 49,754 49,048 55,934 86,855 241,591
Income (loss) from operations ................ (28,623) (22,161) 29,392 (38,714) (60,106)
Net income (loss) .......................... $(27,436) $(20,569) $ 24,051 $ (44,302) $ (68,256)
Net income (loss) per common share:
Basic ................................ $ (0.43) $ (0.32) $ 0.38 $ (0.70) $ (1.07)
Diluted ............................... $ (0.43) $ (0.32) $ 0.38 $ (0.70) $ (1.07)
Market price range common stock:
High ................................. $ 7.75 $ 9.38 $ 10.63 $ 10.47 $ 10.63
Low ................................. $ 4.95 $ 7.09 $ 7.51 $ 3.14 $ 3.14
For 2007 Quarters Ended Full Year
2007March 31 June 30 September 30 December 31
Net sales ................................. $60,924 $ 55,995 $144,045 $181,307 $ 442,271
Gross profit .............................. 24,703 20,284 60,773 67,546 173,306
Total operating expenses .................... 54,898 50,674 71,328 97,576 274,476
Income (loss) from operations ................ (30,195) (30,390) (10,555) (30,030) (101,170)
Net loss ................................. $(30,428) $(28,028) $ (10,305) $ (32,554) $(101,315)
Net loss per common share:
Basic and diluted ...................... $ (0.49) $ (0.44) $ (0.16) $ (0.51) $ (1.60)
Market price range common stock:
High ................................ $ 11.56 $ 11.48 $ 10.82 $ 9.33 $ 11.56
Low ................................ $ 9.15 $ 9.90 $ 6.80 $ 5.80 $ 5.80
F-36