LeapFrog 2010 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, 2006
through December 31, 2010, 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 Notes to the Consolidated Financial Statements (“Notes”) thereto.
2010 2009 2008 2007 2006
(In millions, except per share data)
Consolidated Statements of Operations Data:
Net sales ......................................... $432.6 $379.8 $459.1 $ 442.3 $ 502.3
Gross profit ....................................... 179.0 158.0 181.5 173.3 147.0
Operating expenses ................................. 171.2 166.4 241.7 275.6 272.6
Income (loss) from operations ........................ 7.8 (8.4) (60.2) (102.3) (125.5)
Net income (loss) .................................. $ 4.9 $ (2.7) $ (68.3) $(102.5) $(145.9)
Net income (loss) per share:
Basic and diluted ............................... $ 0.08 $ (0.04) $ (1.07) $ (1.62) $ (2.32)
Shares used in calculating net loss per share: *
Basic ........................................ 64.4 63.9 63.6 63.4 62.8
Diluted ....................................... 65.6 63.9 63.6 63.4 62.8
* Weighted average shares outstanding of Class A and Class B common stock
2010 2009 2008 2007 2006
(In millions)
Consolidated Balance Sheet Data:
Cash, cash equivalents and short-term investments ........ $ 19.5 $ 61.6 $ 79.1 $ 93.5 $148.1
Working capital ** ................................. 161.6 148.3 140.0 192.1 290.0
Total assets ....................................... 293.5 306.0 306.1 369.8 450.4
Total stockholders’ equity ............................ $205.6 $192.7 $179.9 $243.5 $334.0
** Current assets less current liabilities.
2010 2009 2008 2007 2006
(In millions)
Consolidated Statements of Cash Flows Data:
Net cash provided by (used in):
Operating activities ............................. $(22.6) $ (5.0) $ 12.0 $(15.4) $ 90.4
Investing activities ............................. (21.2) (13.3) (23.4) 41.0 (77.5)
Financing activities ............................. 1.6 (0.2) (0.2) 1.9 4.2
Effect of exchange rate changes on cash ................. 0.1 1.0 (2.8) (1.3) 1.8
Increase (decrease) in cash and cash equivalents .......... $(42.1) $(17.5) $(14.4) $ 26.2 $ 18.9
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