4. PROPERTY, PLANT AND EQUIPMENT: 5. GOODWILL: The major components of property, plant and equipment are as follows: As discussed in Note 1, effective March 1, 2002, the Company adopted SFAS No. 142. The following table presents earnings and earnings per share information for the comparative periods as if Statement of Financial Accounting Standards No. 141 (“SFAS No. 141”), “Business Combinations,” and the nonamortization provisions of SFAS No. 142 had been applied beginning March 1, 2001: For the Years Ended February 29,  February 28, 2004 2003 (in thousands) Land and land improvements $ 209,959 $ 84,758 Vineyards 68,633 37,394 Buildings and improvements 297,128 173,943 Machinery and equipment 800,043 551,271 Motor vehicles 13,707 5,468 Construction in progress 59,663 32,839 1,449,133 885,673 Less – Accumulated depreciation (351,771) (283,204) $ 1,097,362 $ 602,469 For the Years Ended February 29, February 28, February 28, 2004 2003 2002 (in thousands, except per share data) Reported net income $ 220,414 $ 203,306 $ 136,421 Add back: amortization of goodwill – – 16,114 Add back: amortization of intangibles reclassified to goodwill – – 2,147 Add back: amortization of indefinite lived intangible assets – – 9,038 Less: income tax effect – – (8,353) Adjusted net income $ 220,414 $ 203,306 $ 155,367 Basic earnings per common share: Reported net income $ 2.13 $ 2.26 $ 1.60 Add back: amortization of goodwill – – 0.19 Add back: amortization of intangibles reclassified to goodwill – – 0.02 Add back: amortization of indefinite lived intangible assets – – 0.11 Less: income tax effect – – (0.10) Adjusted net income $ 2.13 $ 2.26 $ 1.82 Diluted earnings per common share: Reported net income $ 2.06 $ 2.19 $ 1.55 Add back: amortization of goodwill – – 0.18 Add back: amortization of intangibles reclassified to goodwill – – 0.03 Add back: amortization of indefinite lived intangible assets – – 0.10 Less: income tax effect – – (0.09) Adjusted net income $ 2.06 $ 2.19 $ 1.77 52