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The following is an excerpt from a 10-Q SEC Filing, filed by UNITED INDUSTRIES CORP on 8/16/2004.
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UNITED INDUSTRIES CORP - 10-Q - 20040816 - INCOME_STATEMENT

UNITED INDUSTRIES CORPORATION AND SUBSIDIARIES
STATEMENT OF OPERATIONS
FOR THE SIX MONTHS ENDED JUNE 30, 2003
(Unaudited) (As Restated)

 

 

Parent

 

Guarantor
Subsidiaries

 

Eliminations

 

Consolidated

 

Net sales

 

$

310,213

 

 

$

149,434

 

 

 

$

(74,832

)

 

 

$

384,815

 

 

Operating costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of goods sold

 

175,274

 

 

127,763

 

 

 

(70,485

)

 

 

232,552

 

 

Selling, general and administrative expenses

 

67,942

 

 

15,709

 

 

 

(4,347

)

 

 

79,304

 

 

Total operating costs and expenses

 

243,216

 

 

143,472

 

 

 

(74,832

)

 

 

311,856

 

 

Operating income

 

66,997

 

 

5,962

 

 

 

 

 

 

72,959

 

 

Interest expense, net

 

18,732

 

 

288

 

 

 

 

 

 

19,020

 

 

Income before income tax expense

 

48,265

 

 

5,674

 

 

 

 

 

 

53,939

 

 

Income tax expense

 

18,459

 

 

3,066

 

 

 

 

 

 

21,525

 

 

Equity (income) loss in subsidiaries

 

(2,608

)

 

 

 

 

2,608

 

 

 

 

 

Net income

 

$

32,414

 

 

$

2,608

 

 

 

$

(2,608

)

 

 

$

32,414