Home » Financials » 2003 Annual Report
Notes to Consolidated Financial Statements
Notes Seventeen: QUARTERLY FINANCIAL DATA (UNAUDITED) |
||||
| Summarized quarterly financial data for the years ended November 30, 2003 and 2002, follow: | ||||
| (In thousands except per share data) |
First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
|
| ||||
| 2003 | ||||
| Sales | $ 130,621 | $ 147,844 | $ 155,174 | $ 167,856 |
| Gross Profit | 32,665 | 40,317 | 42,444 | 51,062 |
| Net Income | 2,175 | 7,825 | 7,711 | 12,189 |
| Diluted net income per share | .27 | .97 | .94 | 1.47 |
| Stock price per share -- high | 30.99 | 35.53 | 35.35 | 34.93 |
| Stock price per share -- low | 24.89 | 25.05 | 30.00 | 28.49 |
| Dividends per share | .16 | .20 | .20 | .20 |
|
| ||||
|
| ||||
| 2002 | ||||
| Sales | $ 120,702 | $ 138,099 | $ 138,813 | $ 141,859 |
| Gross Profit | 30,439 | 35,564 | 36,553 | 39,327 |
| Net Income | 1,771 | 7,562 | 8,711 | 10,015 |
| Diluted net income per share | .21 | .91 | 1.06 | 1.27 |
| Stock price per share -- high | 35.79 | 38.74 | 36.45 | 28.51 |
| Stock price per share -- low | 31.30 | 33.53 | 24.63 | 22.26 |
| Dividends per share | .16 | .16 | .16 | .16 |
The Company traditionally experiences lower sales during the first fiscal quarter because of seasonal patterns associated with weather and contractor schedules.
