Document 6R8aerOnz8y1Z2npYQVN6bv24
Dana Corporation
Page 162 of 176
Discontinued Operations
Effect of Change in Accounting
Net Income (Loss)
4 (220) $ (229)
Net Income (Loss) per share
Basic
Continuing Operations
Discontinued Operations
Effect of Change in Accounting
Net Income (Loss)
$ (0.09) 0.03 (1.48)
$(1.54)
Fully Diluted Continuing
Operations Discontinued
Operations Effect of
Change in Accounting
Net Income (Loss)
$(0.09) 0.03
(1.48) $(1.54)
7 (220) $ (229)
$(0.11) 0.05 (1.48)
$(1.54)
$(0.11) 0.05 (1.48)
$(1.54)
(6)
$ 52
$ 0.39 (0.04)
$ 0.35 $ 0.39
(0.04)
$ 0.35
11
$ 52
$ 0.27 0.08
$ 0.35 $ 0.27
0.08
$ 0.35
5 21 (23) (7;
$4
$4
$ (9)
$ (9;
$(0.01) 0.03
$(0.12) 0.14
$ 0.09 (0.15)
$(o.oi; (0.05
$ 0.02
$ 0.02
$(0.06)
$ (0.06;
mimm
$(0.01) 0.03
$(0.12) 0.14
$ 0.09 (0.15)
$(o.oi; (0.05
$ 0.02
$ 0.02
$(0.06)
$(0.06;
* The information presentedfor 2002 and thefirst three quarters of2003 has been restated to reflect the treatment of certain businesses as discontinued operations. See Note 21 -- Discontinued Operationsfor additional information.
In the first quarter of 2002, we adopted SFAS No. 142, which requires annual impairment testing for goodwill in lieu of amortization. In connection with this testing, we recorded a goodwill impairment charge of $289, which impacted net earnings by $220 ($1.48 per share). We also continued to execute our October 2001 restructuring plans during the quarter, including the announcement of six plant closings and permanent workforce reductions at other locations. Expenses accrued as a result of these actions amounted to $46, which had a $37 ($0.24 per share) impact on net earnings.
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http://www.sec.gov/Archives/edgar/data/26780/000095015204001384/105571ael0vk.htm
8/1/2004