Filter
Top Products
Consolidated Statement of Operations for the year ended December 31, 2002
F-18
As previously
reported Adjustments As restated
Revenues $ 10,569 $ 439 $ 11,008
Cost of revenues 6,798 305 7,103
Gross profit 3,771 134 3,905
Selling, general and administrative expense 2,636 (83) 2,553
Research and development expense 2,208 (125) 2,083
Amortization of acquired technology and other 157 – 157
Deferred stock option compensation 87 23 110
Special charges
Goodwill impairment 595 – 595
Other s
p
ecial char
g
es 1,578 (78) 1,500
(Gain) loss on sale of businesses and assets (55) 34 (21)
O
p
eratin
g
earnin
g
s (loss) (3,435) 363 (3,072)
Other income (expense) — net (30) 25 (5)
Interest expense
Long-term debt (215) (5) (220)
Other (41) (11) (52)
Earnings (loss) from continuing operations before income taxes, minority interests and equity in net loss of associated
companies
(3,721) 372 (3,349)
Income tax benefit (expense) 453 15 468
(3,268) 387 (2,881)
Minority interests — net of tax
–
55
Equity in net loss of associated companies — net of tax (18) 1 (17)
Net earnings (loss) from continuing operations (3,286) 393 (2,893)
Net earnings (loss) from discontinued operations — net of tax 20 (121) (101)
Net earnings (loss) $ (3,266) $ 272 $ (2,994)
Basic earnings (loss) per common share
— from continuing operations $ (0.86) $ 0.11 $ (0.75)
— from discontinued operations 0.01 (0.04) (0.03)
Basic earnings (loss) per common share $ (0.85) $ 0.07 $ (0.78)
Diluted earnings (loss) per common share
— from continuing operations $ (0.86) $ 0.11 $ (0.75)
— from discontinued o
p
erations 0.01 (0.04) (0.03)
Diluted earnings (loss) per common share $ (0.85) $ 0.07 $ (0.78)