Fluor Corporation Logo
2000 Annual Report
  Annual Report Home Financial Overview
  Financial Highlights Corporate Directory
  Letter to Shareholders Shareholders' Reference
  Fluor At-A-Glance Site Map
  Strategic Overview  
 
Consolidated Statement of Earnings
 
Year Ended October 31, 2000   1999   1998

(in thousands, except per share amounts)    
   
Total Revenues $ 9,970,154   $ 11,334,355   $ 12,377,476
Total Cost of Revenues 9,765,807   11,083,041   12,138,279
Other (Income) and Expenses    
Special Provision (17,919)   117,200  
Corporate administrative and general expense 65,349   55,350   22,598
Interest Expense 26,315   18,972   13,120
Interest income (11,619)   (16,789)   (19,269)

Total cost and expenses 9,827,933   11,257,774   12,154,728

   
Earnings from Continuing Operations Before Taxes 142,221   76,581   222,748
Income Tax Expense 42,375   49,898   86,834

Earnings from Continuing Operations 99,846   26,683   135,914
Earnings from Discontinued Operations, Net of Taxes 49,103   77,504   99,430
Loss on Disposal, Net of Taxes (25,000)    

Net Earnings $ 123,949   $ 104,187   $ 235,344

   
Basic Earnings Per Share    
--Continuing operations $ 1.33   $ 0.35   $ 1.73
--Discontinued operations 0.32   1.03   1.26

--Net earnings $ 1.65   $ 1.38   $ 2.99

   
Diluted Earnings Per Share    
--Continuing operations $ 1.31   $ 0.35   $ 1.72
--Discontinued operations 0.31   1.02   1.25

--Net earnings $ 1.62   $ 1.37   $ 2.97

   
Shares Used to Calculate Earnings Per Share    
--Basic 76,256   75,228   78,801
--Diluted 76,365   75,929   79,135

   
See Notes to Consolidated Financial Statements.
 
Go to Next Page