Motorola 2012 Annual Report Download - page 103

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95
16. Quarterly and Other Financial Data (unaudited)
2012 2011
1st 2nd 3rd 4th 1st 2nd 3rd 4th
Operating Results
Net sales $ 1,956 $ 2,148 $ 2,153 $ 2,441 $ 1,834 $ 1,984 $ 2,085 $ 2,300
Costs of sales 983 1,088 1,066 1,212 910 977 1,030 1,140
Gross margin 973 1,060 1,087 1,229 924 1,007 1,055 1,160
Selling, general and
administrative expenses 472 496 485 510 461 482 471 498
Research and development
expenditures 254 269 262 290 239 260 270 266
Other charges 15 17 16 6 55 106 60 120
Operating earnings 232 278 324 423 169 159 254 276
Earnings from continuing
operations* 159 177 206 336 367 50 153 177
Net earnings* 157 182 206 336 497 349 128 184
Per Share Data (in dollars)
Continuing Operations:
Basic earnings per common
share $ 0.51 $ 0.61 $ 0.73 $ 1.20 $ 1.09 $ 0.15 $ 0.46 $ 0.55
Diluted earnings per
common share 0.50 0.60 0.72 1.18 1.07 0.14 0.45 0.54
Net Earnings:
Basic earnings per common
share 0.50 0.63 0.73 1.20 1.47 1.02 0.38 0.57
Diluted earnings per
common share 0.49 0.61 0.72 1.18 1.44 1.00 0.38 0.56
Dividends declared 0.22 0.22 0.26 0.26 — — 0.22 0.22
Dividends paid 0.22 0.22 0.22 0.26 — — — 0.22
Stock prices
High 51.76 51.46 51.79 55.68 44.69 47.87 46.37 47.41
Low 44.94 46.73 45.18 49.77 37.04 43.42 38.71 40.62
* Amounts attributable to Motorola Solutions, Inc. common shareholders.