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Statement of Consolidated Earnings of Wm. Wrigley Jr. Company
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Three Months Ended December 31, |
Twelve Months Ended December 31, |
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2000 |
1999 |
2000 |
1999 |
| Net sales |
$538,897,000 |
539,724,000 |
2,145,706,000 |
2,061,602,000 |
| Cost of sales |
229,989,000 |
240,736,000 |
904,266,000 |
904,183,000 |
| Gross profit |
308,908,000 |
298,988,000 |
1,241,440,000 |
1,157,419,000 |
| Selling and general administrative |
196,401,000 |
197,445,000 |
778,197,000 |
721,813,000 |
| Operating income |
112,507,000 |
101,543,000 |
463,243,000 |
435,606,000 |
| Investment income |
5,185,000 |
4,426,000 |
19,185,000 |
17,636,000 |
| Other (expense)/income |
(5,238,000) |
(2,967,000) |
(3,116,000) |
(8,812,000) |
| Earnings before income taxes |
112,454,000 |
103,002,000 |
479,312,000 |
444,430,000 |
| Income taxes |
34,062,000 |
29,558,0000 |
150,370,000 |
136,247,000 |
| Net earnings |
$78,392,000 =========== |
73,444,000 =========== |
328,942,000 =========== |
308,183,000 =========== |
| Net earnings per average share of common stock (basic and diluted)a |
$0.70 =========== |
0.64 =========== |
2.90 =========== |
2.66 =========== |
| Average number of shares outstanding for the period |
112,768,170 =========== |
115,143,058 =========== |
113,518,453 =========== |
115,860,900 =========== |
a- Per share calculations based on the average number of shares outstanding for the period.
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