Financial Highlights (1) Includes a one-time charge for expenses incurred in the early extinguishment of debt of  $10,367, less tax bene fi  t of $3,525, or $0.08 per share after taxes. ga TER ul Worldwide Management Meeting Shenzhen, China  February 2005 1 2004 2003 2002 Sales $1,530,446 $1,239,504  $1,062,002 Operating income 276,644 204,420 173,947 Net income 163,311 103,990$^{(1)}$ 80,344 Net income per common share - diluted  1.82  1.18$^{(1)}$ .93 Average common shares outstanding  89,736,656   88,131,720   86,891,200  Current and long-term debt  $ 449,053  $ 542,959  $ 644,248  (dollars in thousands, except per share data) A M P H E N O L C O R P O R A T I O N 2 0 0 4 A N N U A L R E P O R T