avg.

shares outstanding 59,052

net income 53,630
earnings per share $ 0.91
market price of share $ 16.25
price to earnings ratio $ 17.89
shareholder equity 488,363
return on equity (net income/ shareholder equity) 11.0%

cash and cash equivalents $ 66,557

(10% of cash is used for operations) $ 6,656
total cash to be used $ 59,901
marketable securities $ 164,309
total amount available for repurchase $ 224,210

net income $ 53,630

total amount available for repurchase $ 224,210
interest (4.92%) $ 11,031
net earnings after interest $ 42,599
earnings per share $ 0.94

net income $ 42,599

shareholder equity $ 264,153
return on equity 16.1%

interest expense (6.35%) $ 12,116

Revised EBIT $ 58,974
earnings before tax $ 46,858
tax (40%) $ 18,743.20
net income $ 28,115
earnings per share $0.77
expected market price $ 15.20

net income $ 28,115

shareholder equity $ 264,153
Return on equity 10.64%