Harbinger Group Inc.
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SEC Filings

10-K
HRG GROUP, INC. filed this Form 10-K on 03/28/2002
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<PAGE>
 

ITEM 6.  SELECTED FINANCIAL DATA
 
     The following table sets forth certain selected historic consolidated
financial information of the Company for the periods and as of the dates
presented and should be read in conjunction with the Company's Consolidated
Financial Statements and the related notes thereto included in Item 8 of this
Report and with "Management's Discussion and Analysis of Financial Condition and
Results of Operations" included in Item 7 of this Report. All amounts are in
thousands, except for per share income (loss) from operations and cash dividends
paid.
 

<Table>
<Caption>
                                                                         FOR THE
                                                                       THREE MONTH
                         FOR THE YEAR   FOR THE YEAR    FOR THE YEAR    TRANSITION    FOR THE FISCAL   FOR THE FISCAL
                            ENDED           ENDED          ENDED       PERIOD ENDED     YEAR ENDED       YEAR ENDED
                         DECEMBER 31,   DECEMBER 31,    DECEMBER 31,   DECEMBER 31,   SEPTEMBER 30,    SEPTEMBER 30,
                          2001(1)(2)    2000(3)(4)(5)       1999         1998(6)        1998(7)(8)        1997(9)
                         ------------   -------------   ------------   ------------   --------------   --------------
<S>                      <C>            <C>             <C>            <C>            <C>              <C>
INCOME STATEMENT DATA:
  Revenues.............    $ 98,836       $ 84,140        $ 93,666       $ 25,759        $133,555         $117,564
  Operating income
     (loss)............       1,692        (38,386)        (33,886)         5,126          30,507           12,842
  Net income (loss) to
     common
     stockholders......       4,434        (25,988)        (20,332)        (4,444)         69,960            7,412
  Income (loss) per
     share.............        1.85         (10.88)          (8.51)         (1.86)          29.44             2.70
  Cash dividend paid...          --             --              --             --           6,502            1,604
  Common stock,
     dividends paid,
     per share.........          --             --              --             --            0.70             0.70
CASH FLOW DATA:
  Capital
     expenditures......       1,972          8,452          15,665          3,281          21,851            8,541
</Table>

 

<Table>
<Caption>
                         DECEMBER 31,   DECEMBER 31,    DECEMBER 31,   DECEMBER 31,   SEPTEMBER 30,   SEPTEMBER 30,
                             2001           2000            1999           1998           1998            1997
                         ------------   -------------   ------------   ------------   -------------   -------------
<S>                      <C>            <C>             <C>            <C>            <C>             <C>
BALANCE SHEET DATA:
  Working capital......    $133,736       $100,628        $170,126       $194,148       $188,234        $ 86,391
  Property and
     equipment, net....      82,239         89,374          91,052         86,308         84,972          40,997
  Total assets.........     271,677        261,859         299,814        318,240        334,006         190,951
  Current maturities of
     long-term debt....       1,296          1,227           1,146            997          1,413           1,034
  Long-term debt.......      15,510         14,827          16,069         11,205         11,408          11,294
  Stockholders'
     equity............     169,851        164,995         196,245        215,092        215,547         143,405
</Table>

 
---------------
 
(1) Based on adverse non-investment grade market conditions and the sale of the
    Company's non-investment grade securities during the second and third
    quarters of 2001, the Company recognized impairment charges of approximately
    $11.8 million. As a result of the sale, the Company expects to receive a tax
    refund of approximately $7.9 million during 2002.
 
(2) Zapata management sold the Company's Viskase stock in September 2001. As a
    result of the sale, the Company expects to receive a tax refund of
    approximately $8.4 million during 2002.
 
(3) In connection with the termination of its Internet businesses in December
    2000, Zap.Com recorded the necessary charges to write down applicable
    investments in long-lived assets (which consisted mainly of its capitalized
    software costs) to fair value, and to record estimated liabilities,
    including costs associated with the termination of various contracts. These
    charges totaled $1.5 million. In addition, Charged Productions incurred a
    one-time charge of approximately $434,000 related to asset write-downs and
    approximately $182,000 related to contract termination expenses.
 
                                        11

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