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## Selected Financial Data 

The following selected consolidated financial data concerning ADTRAN ™ for and as of the end of each of the years in the five-year period ended December 31, 2002, are derived from the financial statements of ADTRAN, which have been audited by PricewaterhouseCoopers LLP, independent accountants. The selected financial data is qualified in its entirety by the more detailed information and financial statements, including the notes thereto. The financial statements of ADTRAN as of December 31, 2002 and 2001 and for each of the years in the three-year period ended December 31, 2002, and the report of PricewaterhouseCoopers LLP thereon, are included elsewhere in this report. 

## Income Statement Data 

(In thousands, except per share data) 

<img src='content_image/124447.jpg'>

## Balance Sheet Data 

(In thousands) 

<img src='content_image/124448.jpg'>

(1) Assumes exercise of dilutive stock options calculated under the treasury stock method. See Notes 1 and 11 of Notes to Financial Statements. 

