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Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 610.1 (500-2) 109.9 2005 578.3 (481.9) 96.4 Total sales Cost of sales Gross
Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 610.1 (500-2) 109.9 2005 578.3 (481.9) 96.4 Total sales Cost of sales Gross profit Selling, general, and administrative expenses Research and development Depreciation and amortization Operating income (40.5) (24.6) (3.6) 41.2 (39.0) (22.8) (3.3) 31.3 41.2 31.3 Operating income Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net income 41.2 (25.1) 16.1 (5.5) 10.6 31.3 (15.8) 15.5 (5.3) 10.2 Price per share Sharing outstanding (millions) Stock options outstanding (millions) $16 9.8 0.2 $15 6.7 0.3 Stockholders' Equity 126.6 63.6 Total Liabilities and Stockholders' Equity 533.1 386.7 Refer to the income statement above. For the year ending December 31, 2006 Luther's earnings per share are closest to: O A. $0.54 OB. $1.08 O c. $0.87 OD. $1.30
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