For the Years Ended December 31, 2003) 2002) 2001) 2000) 1999) Income (loss) from continuing operations Before income tax provision (benefit), extraordinary items and cumulative effect of change in accounting principle $0(280.2) $0(103.8) $00(36.4) $0,208.8) $0,174.2)) Income (loss) from continuing operations before extraordinary items and cumulative effect of change in accounting principle $0(313.3) $00(65.8) $00(25.2) $0,132.5) $0,111.0) Income from discontinued operations —) —) —) —) 59.6) Extraordinary gains on sales of operations —) —) —) —) 129.6) Cumulative effect of change in accounting principle (1.3) —) —) —) —) Net income (loss) $0(314.6) $00(65.8) $00(25.2) $0,132.5) $0,300.2) Basic net income (loss) per common share:  Income (loss) from continuing operations before extraordinary items and cumulative effect of change in accounting principle $00(3.87) $00(0.82) $00(0.31) $00,1.60) $00,1.17) Income from discontinued operations —) —) —) —) 0.62) Extraordinary gains on sales of operations —) —) —) —) 1.36) Cumulative effect of change in accounting principle (0.02) —) —) —) —) Basic net income (loss) per common share $00(3.89) $00(0.82) $00(0.31) $00,1.60) $00,3.15) Diluted net income (loss) per common share: Income (loss) from continuing operations before extraordinary items $00(3.87) $00(0.82) $00(0.31) $00,1.60) $00,1.16) Income from discontinued operations —) —) —) —) 0.62) Extraordinary gains on sales of operations —) —) —) —) 1.35) Cumulative effect of change in accounting principle (0.02) —) —) —) —) Diluted net income (loss) per common share $00(3.89) $00(0.82) $00(0.31) $00,1.60) $00,3.13) As of and for the Years Ended December 31, 2003) 2002) 2001) 2000) 1999) Dividends declared per common share  $00,0.24) $0,00.66) $00,0.80) $00,0.80) $00.1.28) Working capital 348.6) 453.7) 574.0) 590.6) 475.3) Total assets 1,884.9) 2,093.2) 2,643.2) 2,776.2) 2,750.6) Long-term debt 504.3) 509.4) 573.0) 490.6) 200.3) Total debt 532.1) 519.1) 582.2) 543.8) 353.0) Cash and cash equivalents 79.6) 59.4) 33.7) 26.2) 50.7) Stockholders’ equity 174.7) 448.8) 944.7) 1,039.2) 1,200.2) Net income (loss) was adversely affected by restructuring and litigation charges of $84.9 million and a $138.5 million charge to record a valuation allowance for the majority of the Company’s net deferred tax assets in 2003, and restructuring charges of $42.8 million in 2002 and $74.2 million in 2001. Stockholders’ equity for 2003 includes the effect of recognizing the $138.5 million valuation allowance on net deferred tax assets and a $47 million adjustment to the minimum pension liability, net of related tax effects. Stockholders’ equity for 2002 includes the effect of recognizing a minimum pension liability of $406 million, net of related tax effects. In 1999, the Company completed a strategic transformation in which it spun-off Teledyne Technologies Incorporated and Water Pik, Inc. and sold certain businesses. The results of the companies spun-off and companies sold are reflected as discontinued operations for all periods presented. The Company recognized extraordinary gains of $130 million, net of $80 million in taxes, in connection with the sales of businesses in 1999. At a stockholders’ meeting held in November 1999, the Company’s stockholders approved a one-for-two reverse stock split of the Company’s stock. The reverse stock split was effective immediately following the spin-offs of Teledyne and Water Pik on November 29, 1999. All references to number of shares and per share amounts have been restated to reflect the reverse stock split. 68 Annual Report 2003 ATI