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 |
|
| 2004 |
|
|
|
|
| Sales |
$ 129,668 |
$ 150,516 |
$ 155,413 |
$ 170,256 |
| Gross Profit |
29,939 |
36,586 |
38,245 |
43,641 |
| Net income/(loss) |
(2,753) |
6,873 |
(8,775) |
18,114 |
| Diluted net income/(loss) per share |
(.34) |
.82 |
(1.05) |
2.13 |
| Stock price per share -- high |
40.05 |
39.60 |
35.60 |
38.02 |
| Stock price per share -- low |
32.40 |
28.60 |
30.96 |
32.21 |
| Dividends per share |
.20 |
.20 |
.20 |
.20 |
|
|
|
| 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 |
| |
|
The Company
traditionally experiences lower sales during the first fiscal quarter
because of seasonal patterns associated with weather and contractor
schedules. |
