Table T-JC.1
Jenny Craig, Inc.
Balance Sheets (in $ millions)
.	1999	1998	1997
Assets	.	.	.
Cash	42	43	39
Receivables	2	3	3
Inventory	18	14	15
Other current assets	18	13	17
Total Current Assets	80	73	74
Fixed Assets	25	25	28
Intangibles	.	.	.
Other	8	8	11
Total Assets	113	106	113
Liabilities	.	.	.
Notes payable	.	.	.
Current portion of LTD	.	.	.
Trade Payable	16	15	15
Tax Payable	.	.	4
Other Current Liabilites	34	30	34
Total Current Liabilities	50	45	53
Long Term Debt (LTD)	5	5	6
Postretirement benefits	.	.	.
Deferred Taxes	.	.	.
Other	.	.	.
Equity	58	56	54
Total	113	106	113
Source: Jenny Craig, Inc. Annual Report

Table T-JC.2
Jenny Craig, Inc.
Income Statements (in $ millions)
.	1999	1998	1997	1996
Sales	321	352	365	401
Cost of Goods Sold	290	323	325	337
Gross Profit	31	29	40	64
Operating Expenses	25	27	28	28
Operating Profit	6	2	12	36
Interest	.	.	.	.
Other	7	-1	-1	-3
Profit before tax	-1	3	13	39
Tax	.	1	5	16
Profit after tax	-1	2	8	23
EPS	-0.03	0.1	0.04	0.95
Dividends	.	.	.	.
Stock price	3.38	6.25	7.5	13

Table T-JC.3
Jenny Craig, Inc.
Normalized Balance Sheets
.	1999	1998	1997
Assets	.	.	.
Cash	37	41	35
Receivables	2	3	3
Inventory	16	13	13
Other current assets	16	12	15
Total Current Assets	71	69	65
Fixed Assets	22	24	25
Intangibles	0	0	0
Other	7	8	10
Total Assets	100	100	100
Liabilities	.	.	.
Notes payable	0	0	0
Current portion of LTD	0	0	0
Trade Payable	14	14	13
Tax Payable	0	0	4
Other Current Liabilites	30	28	30
Total Current Liabilities	44	42	47
Long Term Debt (LTD)	4	5	5
Postretirement benefits	0	0	0
Deferred Taxes	0	0	0
Other	0	0	0
Equity	51	53	48
Total	100	100	100
Source: Jenny Craig, Inc. Annual Reports

Table T-JC.4
Jenny Craig, Inc.
Normalized Income Statements
.	1999	1998	1997	1996
Sales	100	100	100	100
Cost of Goods Sold	90	92	89	84
Gross Profit	10	8	11	16
Operating Expenses	8	8	8	7
Operating Profit	2	1	3	9
Interest	0	0	0	0
Other	0	0	0	0
Profit before tax	0	1	4	10
Tax	0	0	1	4
Profit after tax	0	1	2	6
Source: Jenny Craig, Inc. Annual Report

Table T-JC.5
Jenny Craig, Inc.
Ratios
.	1999	1998	1997
Current ratio	1.6	1.62	1.4
Quick ratio	0.88	1.02	0.79
Working capital (in $ millions)	30	28	21
Receivables turnover	160.5	117.33	121.67
DSO (in days)	2	3	3
Inventory turnover	16.11	23.07	21.67
DSI (in days)	23	16	17
Payables turnover	18.13	21.53	21.67
DPO (in days)	20	17	17
Working capital turnover	10.7	12.57	17.38
TIE	0	0	0
Fixed assets/equity	0.43	0.45	0.52
Debt/equity	0.95	0.89	1.09
Pbt/equity	-0.02	0.05	0.24
Pbt/total assets	-0.01	0.03	0.12
Pat/equity	-0.02	0.04	0.15
Pat/total assets	-0.01	0.02	0.07
Sales/fixed assets	12.84	14.08	13.04
Sales/total assets	2.84	3.32	3.23
Payout	0	0	0
P/E	n/a	63	188