Nautilus 2002 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 2002 Nautilus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 81

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81

The unaudited pro forma financial information below for the years ended December 31, 2002 and 2001 was prepared as if the transactions
involving the acquisitions of StairMaster and Schwinn Fitness had occurred at January 1, 2001:
Year Ended
December 31,
-----------------------
2002 2001
Net sales $ 590,929 $
498,690
Net income 98,111
41,879
Basic earnings per share 2.84
1.19
Diluted earnings per share 2.79
1.16
The unaudited pro forma financial information is not necessarily indicative of what actual results would have been had the transactions occurred
at the beginning of the respective year, nor does it purport to indicate the results of future operations of the Company.
4. INVENTORIES
Inventories at December 31 consisted of the following:
2002 2001
Finished goods $ 45,317 $
34,862
Work-in-process 1,317
1,148
Parts and components 17,164
9,506
---------
---------
Inventories $ 63,798 $
45,516
=========
=========
5. PROPERTY, PLANT AND EQUIPMENT, net
Details of property, plant and equipment are summarized as follows at December 31:
2003. EDGAR Online, Inc.