Notes to Consolidated Financial Statements
Note 24 - Selected Quarterly Financial Data (unaudited)
| |
|
2003 Quarters |
|
|
2002 Quarters |
| (In millions, except per share amounts) |
|
1st |
2nd |
3rd |
4th |
|
|
1st |
2nd |
3rd |
4th |
| Revenues |
$ |
928.9 |
960.6 |
999.4 |
1,109.7 |
|
$ |
889.5 |
908.7 |
943.1 |
992.5 |
| Operating profit |
|
0.0 |
13.2 |
22.4 |
64.2 |
|
|
34.7 |
33.3 |
34.4 |
29.9 |
| Income (loss) from: |
|
|
|
|
|
|
|
|
|
|
|
| Continuing operations |
$ |
(3.2) |
5.6 |
11.5 |
4.3 |
|
$ |
17.4 |
17.6 |
21.3 |
13.1 |
| Discontinued operations |
|
1.5 |
0.5 |
38.5 |
(29.3) |
|
|
(9.3) |
1.5 |
0.8 |
(36.3) |
| Net income (loss) |
$ |
(1.7) |
6.1 |
50.0 |
(25.0) |
|
$ |
8.1 |
19.1 |
22.1 |
(23.2) |
| Net income (loss) per common share: |
|
|
|
|
|
|
|
|
|
|
|
| Basic and diluted: |
|
|
|
|
|
|
|
|
|
|
|
| Continuing operations |
$ |
(0.06) |
0.11 |
0.22 |
0.08 |
|
$ |
0.33 |
0.33 |
0.39 |
0.25 |
| Discontinued operations |
|
0.03 |
0.00 |
0.72 |
(0.55) |
|
|
(0.18) |
0.03 |
0.02 |
(0.69) |
| Basic and diluted |
$ |
(0.03) |
0.11 |
0.94 |
(0.47) |
|
$ |
0.15 |
0.36 |
0.41 |
(0.44) |
| Dividends declared per common share |
$ |
0.025 |
0.025 |
0.025 |
0.025 |
|
$ |
0.025 |
0.025 |
0.025 |
0.025 |
| Stock prices: |
|
|
|
|
|
|
|
|
|
|
|
| High |
$ |
18.81 |
16.40 |
18.25 |
23.34 |
|
$ |
25.90 |
28.92 |
25.00 |
23.70 |
| Low |
|
12.36 |
12.39 |
14.38 |
17.65 |
|
|
20.50 |
22.20 |
18.60 |
17.50 |
Earnings per share amounts for each quarter are required to be computed independently. As a result, their sum may not equal the total year earnings per share.
The Company’s quarterly financial data has been reclassified to reflect the Company’s natural gas, timber and gold as part of discontinued operations.
The Company’s common stock trades on the New York Stock Exchange as “BCO.” Prior to May 2003, the Company traded on the NYSE as “PZB”. As of March 1, 2004, there were approximately 3,015 shareholders of record of common stock.
|
