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annual report 2002 the power to do great things®… Wilson Greatbatch Technologies, Inc. ® …the power to do great things® the power to do even greater things… For more than 30 years, the Wilson Greatbatch Technologies brand has symbolized our belief that we are a company with “The Power to do Great Things®.” It is our tradition to focus on our customers and anticipate their needs. Our heritage of creating innovative products has been our engine for growth. Personal integrity and respect for each other are the values that guide us. The result: a reputation for excellence that is synonymous with our name. Today, as we build on our strong foundation with new complementary capabilities and exciting growth opportunities, we believe Wilson Greatbatch Technologies has “the power to do even greater things.” Financial Highlights (in thousand, except per share data and ratio analysis section) 2002 2001 2000 1999 1998 Operations Revenues $ 167,296 $ 135,575 $ 97,790 $ 79,235 $ 77,361 Gross profit 70,898 60,859 42,344 38,178 40,907 Research, development and engineering costs, net 14,440 12,575 9,941 9,339 12,190 Operating Income 26,664 22,384 14,400 12,449 12,036 Net income (loss) 14,631 8,597 (548) (2,272) 690 Diluted earnings (loss) per common share from continuing operations $ 0.68 $ 0.58 $ 0.07 $ (0.14) $ 0.06 Diluted net earnings (loss) per common share $ 0.68 $ 0.43 $ (0.04) $ (0.18) $ 0.06 Diluted average shares outstanding 21,227 19,945 14,434 12,491 10,677 Cash Flow and Balance Sheet Depreciation and amortization $ 12,100 $ 14,241 $ 13,009
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