Mattel 2002 Annual Report Download - page 90

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First
Quarter
Second
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Third
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Fourth
Quarter
(In thousands, except per share amounts)
Year Ended December 31, 2001 (a)
Net sales .......................................... $715,166 $836,280 $1,575,246 $1,561,232
Grossprofit ........................................ 309,989 360,470 735,305 743,170
Advertising and promotion expenses .................... 79,663 84,927 174,911 204,053
Other selling and administrative expenses ................ 207,801 221,135 237,173 298,130
Restructuring and other charges ........................ — 13,000 — 2,700
Operating income ................................... 10,970 29,936 311,748 226,666
Income (loss) from continuing operations before income
taxes............................................ (29,230) (6,792) 275,591 190,441
Income (loss) from continuing operations ................ (22,038) (4,855) 199,835 137,978
Cumulative effect of change in accounting principles, net of
tax ............................................. (12,001) — — —
Netincome(loss) ................................... (34,039) (4,855) 199,835 137,978
Income (loss) per common share—Basic:
Income (loss) from continuing operations ............ $ (0.05) $ (0.01) $ 0.46 $ 0.32
Cumulative effect of change in accounting principles . . . (0.03) — — —
Netincome(loss) ............................... $ (0.08) $ (0.01) $ 0.46 $ 0.32
Weighted average number of common shares ......... 429,936 430,909 431,250 431,813
Income (loss) per common share—Diluted:
Income (loss) from continuing operations ............ $ (0.05) $ (0.01) $ 0.46 $ 0.31
Cumulative effect of change in accounting principles . . . (0.03) — — —
Netincome(loss) ............................... $ (0.08) $ (0.01) $ 0.46 $ 0.31
Weighted average number of common and common
equivalent shares .............................. 429,936 430,909 436,316 437,505
Dividends declared per common share ................... $ — $ — $ — $ 0.05
Common stock market price:
High.......................................... $ 18.80 $ 18.92 $ 18.97 $ 19.75
Low .......................................... 13.70 15.44 15.19 15.24
(a) Certain financial information has been reclassified to conform to the current year’s presentation.
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