Netgear 2008 Annual Report Download - page 73

Download and view the complete annual report

Please find page 73 of the 2008 Netgear 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 132

  • 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
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

Table of Contents
Net income per share for the years ended December 31, 2008, 2007, and 2006 are as follows (in thousands, except per share data):
Anti-dilutive common stock options totaling 3,231,105, 1,162,953, and 675,953 were excluded from the weighted average shares
outstanding for the diluted per share calculation for 2008, 2007 and 2006, respectively.
Note 6—Other Income (Expense), Net:
Other income (expense), net consisted of the following (in thousands):
Note 7—Income Taxes:
Income before income taxes consists of the following (in thousands):
71
Year Ended December 31,
2008
2007
2006
Net income
$
18,050
$
45,954
$
41,132
Weighted average shares outstanding:
Basic
35,212
34,809
33,381
Options and awards
407
1,030
1,172
Total diluted shares
35,619
35,839
34,553
Basic net income per share
$
0.51
$
1.32
$
1.23
Diluted net income per share
$
0.51
$
1.28
$
1.19
Year Ended December 31,
2008
2007
2006
Foreign currency transaction gains (losses), net
($
7,219
)
$
3,298
$
2,495
Foreign currency contract gains (losses), net
(1,165
)
Total
($
8,384
)
$
3,298
$
2,495
Year Ended December 31,
2008
2007
2006
United States
$
54,222
$
48,715
$
52,501
International
(8,879
)
28,121
16,498
Total
$
45,343
$
76,836
$
68,999