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Please refer to the Q2 Fiscal Year 2015 Preliminary Financial Results Management's Prepared Remarks document dated October 22, 2014 for more information about availability of complete financial information for the second quarter of Fiscal Year 2015, including balance sheet and statement of cash flows.

 Download Financial History

In thousands
Quarterly Income Statement
Period Ended 12/31/2014 9/30/2014 6/30/2014 3/31/2014 12/31/2013 9/30/2013
Net sales $ 634,204 $ 530,311 $ 482,203 $ 490,322 $ 628,719 $ 531,143
Cost of goods sold 402,921 325,533 300,450 328,977 414,417 348,181
Gross profit $ 231,283 $ 204,777 $ 181,753 $ 161,344 $ 214,302 $ 182,961
Marketing and selling 103,308 95,862 91,046 90,930 94,272 93,452
Research and development 33,615 32,325 31,317 30,796 34,577 37,485
General and administration 29,807 34,470 36,680 28,693 31,998 29,172
Impairment of goodwill and other assets - - - - - -
Restructuring charges (146) 0 (0) 5,191 822 5,465
Total Operating Expenses 166,585 162,657 159,042 155,609 161,670 165,573
Operating income 64,698 42,121 22,712 5,735 52,632 17,388
Interest income, net 224 355 258 465 (1,022) 183
Other income, net $ (3,016) $ (885) $ (198) $ 631 $ 1,082 $ 62
Income before income taxes 61,906 41,590 22,772 6,832 52,692 17,633
Provision for income taxes (878) 5,501 3,096 (3,787) 4,808 3,058
Net income $ 62,784 $ 36,090 $ 19,677 $ 10,618 $ 47,884 $ 14,576
Shares used to compute net income per share:
Basic Shares 163,533 163,230 162,255 162,255 160,871 159,969
Diluted Shares 166,321 166,065 165,766 165,766 163,388 161,177
Net income per share:
Basic $ 0.38 $ 0.22 $ 0.12 $ 0.07 $ 0.30 $ 0.09
Diluted $ 0.38 $ 0.22 $ 0.12 $ 0.06 $ 0.29 $ 0.09
Supplemental Data
% change vs. prior year
Sales 0.9% -0.2% 0.8% 4.7% 2.3% -3.0%
Gross profit 7.9% 11.9% 7.4% 1.4% 2.3% -6.6%
Operating expenses 3.0% -1.8% -5.9% -20.3% -58.6% -4.2%
Operating income 22.9% 142.2% 9754.5% -115.9% -129.1% -24.5%
Net income 31.1% 147.6% 1504.5% -130.8% -124.4% -72.9%
as % of sales
Gross profit 36.5% 38.6% 37.7% 32.9% 34.1% 34.4%
Marketing and selling 16.3% 18.1% 18.9% 18.5% 15.0% 17.6%
Research and development 5.3% 6.1% 6.5% 6.3% 5.5% 7.1%
General and administration 4.7% 6.5% 7.6% 5.9% 5.1% 5.5%
Total operating expenses 26.3% 30.7% 33.0% 31.7% 25.7% 31.2%
Operating income 10.2% 7.9% 4.7% 1.2% 8.4% 3.3%
Net income 9.9% 6.8% 4.1% 2.2% 7.6% 2.7%
Tax rate -1.4% 13.2% 13.6% -55.4% 9.1% 17.3%