|
|
(in thousands, except per share amounts)
|
1995 |
1996 |
1997 |
1998 |
1999 |
Operating Results |
Net sales
|
$3,676,328 |
$5,035,228 |
$6,293,680 |
$7,467,925 |
$8,645,561 |
Gross margin
|
$606,094 |
$936,155 |
$1,076,441 |
$1,546,274 |
$1,899,817 |
Net income
|
$172,981 |
$250,679 |
$109,797 |
$346,399 |
$427,944 |
Net income per share:
Basic
Diluted
|
$0.60
$0.55 |
$0.82
$0.80 |
$0.36
$0.35 |
$1.11
$1.09 |
$1.36
$1.32 |
Financial Position |
Total assets
|
$1,124,011 |
$1,673,411 |
$2,039,271 |
$2,890,380 |
$3,954,688 |
Long-term obligations, net of current maturities
|
$10,805 |
$7,244 |
$7,240 |
$3,360 |
$2,998 |
Key Ratios |
Days of sales in
accounts receivable
|
29 |
26 |
23 |
22 |
24 |
Days inventory
on hand
|
20 |
17 |
17 |
9 |
9 |
Days in
accounts payable
|
21 |
29 |
27 |
36 |
43 |
Cash
conversion cycle
|
28 |
14 |
13 |
(5) |
(10) |
Other Data |
Employees
(year end, approximate)
|
9,300 |
9,700 |
13,300 |
19,300 |
21,000 |
Weighted average
shares outstanding:
Basic
Diluted
|
290,512
315,976 |
305,490
312,474 |
307,680
312,402 |
311,084
317,857 |
313,974
324,421 |
Closing stock price
|
$6.13 |
$13.39 |
$16.38 |
$25.59 |
$72.06 |
Market capitalization |
$1,828,036 |
$4,111,051 |
$5,049,233 |
$8,013,201 |
$23,080,353 |
|
|