Master of the Universe PHD in coocking ........just remove the
growht in Intangibles, net today from Jan 2000
which is around $125 million and earnings evaporate in thin air
GATEWAY LOST MONEY!!!!!! ........ not to mention the
"other assets " what are they ????????
Net sales $2,141,875 $1,912,109 $4,479,759 $4,015,520
Cost of goods sold 1,643,546 1,490,723 3,453,293 3,143,630
Gross profit 498,329 421,386 1,026,466 871,890
Selling, general
and administrative
expenses 329,688 298,463 664,625 608,159
Operating income 168,641 122,923 361,841 263,731
Other, net 19,945 16,491 37,649 31,275
Income before
income taxes 188,586 139,414 399,490 295,006
Provision for
income taxes 66,948 50,189 141,819 106,202
Net income $121,638 $89,225 $257,671 $188,804
Gateway
Consolidated Balance Sheets
(in thousands)
June 30, 2000 Dec. 31, 1999
ASSETS
Current assets:
Cash and cash equivalents $732,261 $1,127,654
Marketable securities 206,688 208,717
Accounts receivable, net 658,677 646,339
Inventory 210,351 191,870
Other 471,835 522,225
Total current assets 2,279,812 2,696,805
Property, plant, and equipment, net 821,181 745,660
Intangibles, net 177,111 52,302
Other assets 798,939 459,921
$4,077,043 $3,954,688 |
