<A> (Part 2): Harmonic Lightwaves Earnings -2: 4Q Financial Table
Harmonic Lightwaves Inc. - Sunnyvale, Calif.
4th Quar Dec. 31:
1997 1996
Sales $17,350,000 $19,497,000
Net income 580,000 2,405,000
Avg shrs (basic) 10,410,000 10,157,000
Avg shrs (diluted) 11,379,000 11,552,000
Shr earns (basic*)
Net income .06 .24
Shr earns (diluted**)
Net income .05 .21
* - 'Basic' earnings per share is calculated by dividing net earnings
applicable to common shares by common shares outstanding. This
replaces 'primary' earnings per share, which included common stock
equivalents in the calculation. The year ago per share amounts are
restated to reflect the current presentation.
** - 'Diluted' earnings per share includes options, warrants and
convertible securities in the calculation. |
