 |
|
|
| FISCAL YEARS ENDED |
MARCH 30, 2002 |
MARCH 31, 2002 |
APRIL 1, 2001 |
MARCH 26, 2000 |
MARCH 28, 1999 |
|
| Statement of Income Data |
|
|
|
|
|
| Revenues |
$ 273,913,400 |
$ 248,915,100 |
$ 258,769,800 |
$ 196,830,300 |
$ 160,582,200 |
| Costs of goods sold |
202,598,700 |
180,432,600 |
188,271,200 |
142,523,000 |
118,535,300 |
|
| Gross profit |
71,314,700 |
68,482,500 |
70,498,600 |
54,307,300 |
42,046,900 |
|
| Selling, general and administrative expenses |
66,264,800 |
60,596,500 |
59,953,000 |
44,027,400 |
36,793,500 |
| Benefit from insurance proceeds |
(1,212,500) |
--- |
--- |
--- |
--- |
| Asset impairment and restructuring charge |
--- |
--- |
--- |
--- |
831,000 |
|
| Income from operations |
6,262,400 |
7,886,000 |
10,545,600 |
10,279,900 |
4,422,400 |
| Interest and other expense, net |
1,303,600 |
1,496,100 |
2,039,100 |
1,340,300 |
1,240,800 |
|
| Income before provision for income taxes |
4,958,800 |
6,389,900 |
8,506,500 |
8,939,600 |
3,181,600 |
| Provision for income taxes |
1,910,200 |
2,484,000 |
3,232,500 |
3,397,000 |
1,209,200 |
|
| Net income |
$ 3,048,600 |
$ 3,905,900 |
$ 5,274,000 |
$ 5,542,600 |
$ 1,972,400 |
|
| Diluted earnings per share |
$ 0.67 |
$ 0.85 |
$ 1.13 |
$ 1.20 |
$ 0.43 |
| Diluted weighted average shares outstanding |
4,525,600 |
4,575,900 |
4,682,600 |
4,599,500 |
4,600,100 |
|
| Growth Rates |
|
|
|
|
|
| Revenues |
10.0% |
(3.8%) |
31.5% |
22.6% |
22.0% |
| Gross profit |
4.1% |
(2.9%) |
29.8% |
29.2% |
17.5% |
| Income from operations |
(20.6%) |
(25.2%) |
2.6% |
132.5% |
(27.9%) |
| Net income |
(21.9%) |
(25.9%) |
(4.8%) |
181.0% |
(41.6%) |
| Diluted earnings per share |
(21.2%) |
(24.8%) |
(5.8%) |
179.1% |
(41.1%) |
|
| Ratios |
|
|
|
|
|
| Return on average shareholders' equity |
5.8% |
8.0% |
12.0% |
14.5% |
5.7% |
| Average inventory turnover |
6.2 |
5.1 |
5.9 |
5.4 |
5.9 |
| Average accounts receivable turnover |
9.1 |
9.3 |
9.6 |
8.4 |
9.1 |
|
| Selected Operating Data |
|
|
|
|
|
| Average commercial buyers per month |
9,200 |
8,900 |
8,700 |
8,000 |
7,500 |
| Average consumer buyers per month |
22,700 |
13,600 |
15,600 |
14,100 |
12,200 |
| Total orders shipped |
1,034,000 |
772,000 |
760,000 |
645,000 |
426,500 |
| Revenues per employee |
$ 492,700 |
$ 471,400 |
$ 493,800 |
$ 507,300 |
$ 462,100 |
|
| Balance Data Sheet |
|
|
|
|
|
| Working capital |
$ 35,543,900 |
$ 31,156,600 |
$ 30,826,100 |
$ 28,232,100 |
$ 23,050,700 |
| Total assets |
100,238,000 |
100,229,300 |
87,413,500 |
84,443,100 |
63,062,400 |
| Short-term debt |
372,800 |
5,785,800 |
10,365,500 |
6,194,900 |
4,690,200 |
| Long-term debt |
5,660,800 |
6,063,400 |
6,441,200 |
6,795,800 |
7,128,700 |
| Shareholders' equity |
53,985,800 |
50,807,400 |
46,739,200 |
41,082,200 |
35,456,700 |
|
|
|
|
