Income from continuing operations. Net income from continuing operations (excluding, in all events, net income relating to Janus Flooring Corporation) of the Company and its Subsidiaries reporting Congoleum on the equity method shall equal or exceed $1.00 in at least one of any two consecutive fiscal quarters of the Company for any two consecutive fiscal quarters of the Company ending September 30, 2003 and thereafter.
Income from continuing operations. Adjustments to reconcile net income to net cash provided by operating activities Depreciation, depletion and amortization..................... 37 10 23,650 -- 23,697
Income from continuing operations. BEFORE INCOME TAXES, 72,155 ----------- (931,350) ----------- 54,708 ----------- (568,699) ----------- 22,795 ----------- (735,127) ----------- EXTRAORDINARY ITEM, CUMULATIVE EFFECT OF ACCOUNTING CHANGE AND PREFERRED DIVIDENDS................................... 456,238 675,177 594,309 INCOME TAX EXPENSE.......................................... INCOME FROM CONTINUING OPERATIONS BEFORE EXTRAORDINARY ITEM, 234,196 ----------- 228,252 ----------- 208,026 ----------- CUMULATIVE EFFECT OF ACCOUNTING CHANGE AND PREFERRED DIVIDENDS................................................. 222,042 446,925 386,283 INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX............. 225,458 475,078 82,157 LOSS ON DISPOSAL OF DISCONTINUED OPERATIONS................. -- -- (4,371,464) EXTRAORDINARY ITEM, NET OF TAX OF $9,267.................... -- -- (17,210) CUMULATIVE EFFECT OF ACCOUNTING CHANGE, NET OF TAX.......... INCOME (LOSS) BEFORE PREFERRED DIVIDENDS.................... -- ----------- 447,500 58,556 ----------- 980,559 -- ----------- (3,920,234) PREFERRED DIVIDENDS......................................... NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS....... 389 ----------- $ 447,111 =========== 858 ----------- $ 979,701 =========== -- ----------- $(3,920,234) =========== BASIC EARNINGS PER SHARE: Income from Continuing Operations Before Extraordinary Item and Cumulative Effect of Accounting Change......... $ 0.78 $ 1.54 $ 1.30 Income from Discontinued Operations, net of tax........... 0.79 1.64 0.27 Loss on disposal of Discontinued Operations............... -- -- (14.67) Extraordinary Item, net of tax............................ -- -- (0.06) Cumulative Effect of Accounting Change, net of tax........ -- 0.20 -- ----------- ----------- ----------- Net Income (Loss) Attributable to Common Shareholders..... $ 1.57 $ 3.38 $ (13.16) =========== =========== =========== DILUTED EARNINGS PER SHARE: Income from Continuing Operations Before Extraordinary Item and Cumulative Effect of Accounting Change......... $ 0.77 $ 1.53 $ 1.29 Income from Discontinued Operations, net of tax........... 0.79 1.62 0.27 Loss on disposal of Discontinued Operations............... -- -- (14.58) Extraordinary Item, net of tax............................ -- -- (0.06) Cumulative Effect of Accounting Change, net of tax........ -- 0.20 -- ----------- ----------- ----------- Net Income (Loss) Attributable to Common Shareholders..... $ 1.56 $ 3.35 $ (13.08) =========== =========== =========== See Notes to...
Income from continuing operations. $ 16,736 $ 8,390 $ 20,847 $ 9,361 $ 19,420 $ 9,758 $ 18,289 $ 9,110 $ 75,292 $ 36,619
Income from continuing operations. 256 106 ------ 194 -------- 47 DISCONTINUED OPERATIONS Income from discontinued operations (net of income tax expense of $4 million in 1998).................. -- 6 -- Provision for loss on disposal (net of income tax
