Genrad q4 dil shr $0.39 vs $0.19
Tuesday January 25, 6:03 pm Eastern Time
WESTFORD, Mass., Jan. 25 (Reuters) -
GenRad Inc.
FINANCIAL HIGHLIGHTS
(in thousands, except per share amounts)
Three Months Ended
Jan 1, Jan 2, %
2000 1999 Change
Orders $ 78,902 $ 54,758 44%
Total Revenue 75,974 56,227 35%
Net Income (Loss) 11,444 (2,118) NM
Weighted Average
Shares Outstanding:
Basic 28,637 27,977
Diluted 29,463 27,977
Net Income (Loss)
Per Share:
Basic 0.40 (0.08) NM
Diluted 0.39 (0.08) NM
Net Income (Loss)
Per Share Data (Diluted):
Net income (loss)
as reported 11,444 (2,118) NM
Unusual charges -- 7,650
Net income excluding
unusual charges 11,444 5,532 107%
Net income per share excluding
unusual charges(a) 0.39 0.19 105%
Twelve Months Ended
Jan 1, Jan 2, %
2000 1999 Change
Orders $ 311,168 $ 221,521 40%
Total Revenue 301,948 224,789 34%
Net Income (Loss) 47,494 (9,068) NM
Weighted Average
Shares Outstanding:
Basic 28,669 28,003
Diluted 29,683 28,003
Net Income (Loss) Per Share:
Basic 1.66 (0.32) NM
Diluted 1.60 (0.32) NM
Net Income (Loss) Per
Share Data (Diluted):
Net income (loss) as reported 47,494 (9,068) NM
Reversal of deferred tax
valuation allowance (4,500) (7,500) 40%
Unusual charges, net of tax -- 36,341
Net income before reversal
of deferred tax
valuation allowance and excluding
unusual charges 42,994 19,773 117%
Net income per share before
reversal of deferred
tax valuation allowance
and excluding unusual
charges(a) 1.45 0.67 116%
(a)Including common stock equivalents of 1,042 and 1,447 for
the three and twelve months ended January 2, 1999,
respectively. |
