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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)
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Parent
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Guarantor
Subsidiaries
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Eliminations
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Consolidated
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Net sales
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$
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310,213
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$
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149,434
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$
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(74,832
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)
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$
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384,815
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Operating costs and
expenses:
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Cost of goods sold
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175,274
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127,763
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(70,485
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)
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232,552
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Selling, general and administrative expenses
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67,942
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15,709
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(4,347
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79,304
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Total operating costs and expenses
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243,216
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143,472
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(74,832
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311,856
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Operating income
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66,997
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5,962
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72,959
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Interest expense,
net
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18,732
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288
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19,020
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Income before
income tax expense
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48,265
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5,674
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53,939
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Income tax
expense
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18,459
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3,066
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21,525
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Equity (income)
loss in subsidiaries
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(2,608
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)
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2,608
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Net income
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$
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32,414
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$
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2,608
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$
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(2,608
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$
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32,414
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