Plantronics 2001 Annual Report Download - page 3

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Sales
(in millions)
$0
Investment in Research and Development
(in millions)
’97 ’98 ’99 ’00 ’01
$50
$100
$150
$200
$250
$300
$350
$400
$450
$0 ’97 ’98 ’99 ’00 ’01
$5
$10
$15
$20
$25
$30
Diluted Earnings per Share
$0.0 ’97 ’98 ’99 ’00 ’01
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
0.0% ’97 ’98 ’99 ’00 ’01
5.0%
10.0%
15.0%
20.0%
25.0%
Return on Sales
(before extraordinary item)
Financial Highlights
Fiscal Year Ended March 31,
(In Thousands, Except Per Share Data) 2000 2001
Operations
Revenue $ 315,012 $ 401,038
Net income $ 64,517 $ 73,550
Diluted earnings per common share $ 1.22 $ 1.38
Shares used in diluted per share calculations 53,019 53,263
Financial Position
Total assets $ 170,030 $ 233,272
Debt –0– –0–
Net working capital $ 78,306 $ 136,778
Stockholders’ equity $ 105,376 $ 173,047
Selected Ratios
Gross margin 58.9% 54.9%
Operating margin 29.6% 25.4%
Return on sales 20.5% 18.3%
Return on equity 66.2% 52.8%