THQ 2005 Annual Report Download - page 3

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thq inc. 2005 annual report 1
FINANCIAL HIGHLIGHTS
(in thousands, except per share data)
OPERATING RESULTS 2005 2004 2003*
Net Sales $756,731 $640,846 $467,647
Net Income $62,790 (a) $35,839 (b) $2,543 (c)
Operating Margin 9.8% 7.6% 2.6%
Earnings Per Share 0$1.56 0$0.92 0$0.06
FINANCIAL METRICS 2005 2004 2003*
Days Sales Outstanding 39 43 48
Working Capital $401,687 $309,633 $286,899
Stockholders' Equity $548,758 $438,592 $396,413
Return on Invested Capital 28% 22% 11%
See Notes to Consolidated Financial Statements.
(a) Includes a $7.8 million benefit for research and development income tax credits claimed for prior years.
(b) Includes a $4.0 million benefit for a settlement of dispute with directors' and officers' insurance carrier, net of tax.
(c) Includes a charge of $1.8 million due to the other-than-temporary impairment of our investment in Yuke's Co.
*Twelve-month period ended March 31, 2003 (Unaudited)
03*04 05
Revenue
($ Million)
Fiscal Year Fiscal Year Fiscal Year 03*04 05
EPS ($)
03*04 05
Operating
Margin (%)
468
641
757
2.6
7.6
9.8
0.06
0.92
1.56