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  Item 6. Selected Financial Data  (dollars in thousands, except per share data) Year Ended December 31,  2004 2003 2002 2001 2000 Operations Net sales  $1,530,446 $1,239,504 $1,062,002  $1,103,771 $1,359,702 Net income  163,311 103,990 (1)  80,344 83,710 107,904 Net income per common share—Diluted  1.82 1.18 (1)  0.93 0.98 1.26 Financial Position Working capital  $253,443 $233,707 $153,250  $166,857 $170,131 Total assets  1,306,711 1,181,384 1,078,908  1,026,743 1,004,322 Long-term debt, including current portion  449,053 542,959 644,248  720,319 728,346 Shareholders' equity  481,604 323,406 166,982  103,933 29,234 Weighted average shares outstanding—  Diluted 89,736,656 88,131,720 86,891,200 85,994,242 85,757,844 (1) Includes a one-time charge for expenses incurred in the early extinguishment of debt of $10,367, less tax benefit of $3,525, or  $0.08 per share after taxes.  25