Basket case? <<Gillette Q3 oper shr dil $0.30 vs $0.38
BOSTON, Oct 15 (Reuters) - (Millions except per share amounts) Three Months Nine Months Ended Ended Sep 30, Sep 30, 1998 1997 1998 1997 Net Sales $2,531 $2,701 $6,881 $7,066 Profit from Operations (a) 40 702 1,069 1,639 Income Before Income Taxes (a) 9 680 998 1,570 Income Taxes (a) 3 243 352 561 Net Income (a) 6 437 646 1,009 Average Number of Common Shares Outstanding: - Basic 1,116 1,120 1,120 1,117 - Assuming Full Dilution 1,143 1,150 1,149 1,148 Net Income Per Common Share (a) - Basic --- .39 .57 .90 - Assuming Full Dilution --- .38 .56 .88 NOTE: (a) 1998 third-quarter and nine-month year-to-date figures include one-time charges for realignment costs, which reduced reported profit from operations and income before income taxes by $535 million, income taxes by $188 million, net income by $347 million, net income per common share, basic, by $0.31 and assuming full dilution, by $0.30. Full name of company is Gillette Co.>> |