Exhibit (99.2)
REGAL-BELOIT Selected Financial Information
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Five Year Historical Data
(In Thousands, Except Per Share Data)
Year Ended December 31,
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2001 2000 1999 1998 1997
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Net Sales........................... $663,571 $598,203 $550,661 $550,277 $493,174
Income from Operations.............. 56,060 71,608 72,440 81,113 74,381
Net Income.......................... 19,590 33,771 38,067 42,961 38,897
Total Assets........................ 746,599 792,407 508,165 485,070 488,699
Long-term Debt...................... 345,667 393,510 148,166 166,218 192,261
Shareholders' Investment............ 280,150 273,889 252,626 224,497 189,427
Per Share of Common Stock:
Earnings Per Share............. .94 1.61 1.82 2.06 1.87
Earnings Per Share - Assuming
Dilution.................... .93 1.61 1.80 2.02 1.83
Cash Dividends Declared........ .48 .48 .48 .48 .48
Shareholders' Investment....... 13.42 13.10 12.04 10.74 9.09
Average Number of Shares
Outstanding...................... 20,869 20,984 20,959 20,893 20,806
Average Number of Shares -
Assuming Dilution................ 21,124 20,996 21,170 21,278 21,275
Common Stock
2001 2000
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Price Range Price Range
--------------------------- Dividends ----------------------- Dividends
High Low Paid High Low Paid
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1st Quarter.................... $22.30 $16.40 $.12 $21.63 $16.50 $.12
2nd Quarter.................... 21.35 16.10 .12 19.00 15.63 .12
3rd Quarter.................... 22.50 16.90 .12 17.78 15.25 .12
4th Quarter.................... 22.90 17.05 .12 19.35 14.60 .12
REGAL-BELOIT has paid 166 consecutive quarterly dividends through January 2002.
The number of registered holders of common stock as of December 31, 2001 is 923.
Quarterly Financial Information
(In Thousands, Except Per Share Data)
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1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.
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2001 2000 2001 2000 2001 2000 2001 2000
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Net Sales......... $177,122 $144,185 $171,946 $145,027 $166,719 $138,180 $147,784 $170,811
Gross Profit...... 45,151 38,322 42,829 38,062 40,706 35,922 37,191 45,123
Income from
Operations...... 17,160 18,087 14,734 18,213 13,344 16,670 10,822 18,638
Net Income........ 5,842 9,414 5,284 9,465 4,703 8,444 3,761 6,448
Earnings Per Share .28 .45 .25 .45 .23 .40 .18 .31
Earnings Per Share
- Assuming
Dilution........ .28 .45 .25 .45 .22 .40 .18 .31
Average Number
of Shares
Outstanding..... 20,863 20,986 20,866 20,988 20,871 20,944 20,875 20,970
Average Number
of Shares -
Assuming
Dilution........ 21,110 21,033 21,128 20,988 21,129 20,944 21,130 20,970