The company had a 32.3% increase in diluted earnings per share to $1.31 for the quarter. Revenue was also up for that period, 27.6% to $575.2 million, compared with $450.9 million for the same period in 2002. For all of 2003, net income was up 0.7% to $105.6 million. Meanwhile, diluted earnings per share were $2.34, a 1.3% drop, while revenue increased 19.8% to nearly $1.5 billion, compared with about $1.2 billion in 2002.
The company's new orders for the 2003 quarter were $456.5 million, a 152.3% rise compared with $180.9 million in the same quarter the year before. For 2003, orders climbed 49.5% to almost $1.5 billion. This year the company expects net income of between $111million and $121 million, and diluted earnings per share of between $2.45 and $2.65.
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