Company earnings or loss per share


Problem: The following information is available for Callaway Golf Company for the years 2004 and 2003. (Dollars are in thousands, except share information.)

                                2004            2003
Net sales                $934,564    $814,032
Net income (loss)     (10,103)       45,523
Total assets            735,737       748,566

Share information:

Shares outstanding at year-end 69,111,349 66,862,850

Preferred dividends -0- -0-

There were 65,676,326 shares outstanding at the end of 2002.

What was the company's earnings or loss per share for each year? (Round to 2 decimal places and express as a positive number.)

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Accounting Basics: Company earnings or loss per share
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