Profile Nathan’s began as a nickel hot dog stand in Coney Island in 1916 and has become a much-loved  “New York institution” now available throughout the United States and overseas. Through our innovative points-of-distribution strategies, Nathan’s products are marketed within our  restaurants and throughout a wide spectrum of other foodservice and retail environments.  Our Branded Product Program provides for the sale of Nathan’s signature products in over  3,300 foodservice locations. Further, Nathan’s hot dogs are now featured in over 6,000 supermarkets  and club stores throughout the United States. Continued market penetration of our highly recognized and valued brands and products through a wide variety of distribution channels, continues to provide new and exciting growth opportunities for our Company. Financial Highlights (dollars in thousands, except per share amounts) Fiscal Year 2004 2003 2002 (1) Selected Consolidated Financial Data: Revenues from continuing operations $ 30,679 $ 33,772 $ 39,475  Income (loss) from continuing operations $ 1,894 $ (1,506) $ 1,392  Income (loss) from discontinued operations $ 0 $ (124) $ (143) Cumulative effect of accounting change $ 0 $ (12,338) $ 0  Net earnings (loss) (2) $ 1,894 $ (13,968) $ 1,249  Basic earnings (loss) per share (2) Income (loss) from continuing operations $ 0.36 $ (0.25) $ 0.20  Income (loss) from discontinued operations $ 0.00 $ (0.03) $ (0.02) Cumulative effect of accounting change $ 0.00 $ (2.06) $ 0.00  Basic earnings (loss) per share (2) $ 0.36 $ (2.34) $ 0.18  Diluted earnings (loss) per share (2) Income (loss) from continuing operations $ 0.33 $ (0.25) $ 0.20  Income (loss) from discontinued operations $ 0.00 $ (0.03) $ (0.02) Cumulative effect of accounting change $ 0.00 $ (2.06) $ 0.00  Diluted earnings (loss) per share (2) $ 0.33 $ (2.34) $ 0.18  Weighted-average number of common shares outstanding Basic 5,306 5,976 7,048  Diluted (3) 5,678 5,976 7,083  Total assets $ 27,584 $ 25,886 $ 48,745  Stockholders’ equity $ 17,352 $ 16,383 $ 36,145  (1) Our fiscal year ends on the last Sunday in March which results in a 52- or 53-week year. Fiscal 2002 was a 53-week year. (2) In Fiscal 2003, provisions, net of income taxes, of $14.2 million or $2.37 per share were recorded associated with asset impairments and vacant properties. (3) Common stock equivalents have been excluded in Fiscal 2003, due to the net loss, as the impact of their inclusion would have been anti-dilutive.