 |
|
The following table provides selected financial data with respect to the consolidated statements of operations of the
Company for the fiscal five years ended March 31, 2002, and the consolidated balance sheets of the Company at the end
of each such year.
| SELECTED FINANCIAL DATA |
Years ended March 31, |
|
| (In thousands, except per share amounts |
2002 |
2001 |
2000 |
1999 |
1998 |
| Net Sales |
$ 72,285 |
$ 70,481 |
$ 60,836 |
$ 50,169 |
$35,459 |
|
Income (loss) from continuing operations
before income taxes |
1,633 |
(9,630) |
4,010 |
7,026 |
(122) |
| Provision (benefit) for income taxes |
860 |
(3,584) |
1,524 |
2,807 |
(47) |
|
| Income (loss) from continuing operations |
773 |
(6,046) |
2,486 |
4,219 |
(75) |
| (Loss) income from discontinued operations |
(72,554) |
(66,924) |
4,649 |
10,370 |
11,142 |
|
| (Loss) income before extraordinary charge |
(71,781) |
(72,970) |
7,135 |
14,589 |
11,067 |
| Extraordinary charge for refinancing of debt |
-- |
-- |
(541) |
(780) |
-- |
|
| Net (loss) income |
$ (71,781) |
$ (72,970) |
$ 6,594 |
$ 13,809 |
$ 11, 067 |
|
| Earnings (loss) per share: |
|
|
|
|
|
| Basic: |
|
|
|
|
|
| Income (loss) from continuing operations |
$ 0.13 |
$ (0.98) |
$ 0.40 |
$ 0.67 |
$ (0.01) |
| (Loss) income from discontinued operations |
(11.74) |
(10.85) |
0.76 |
1.66 |
2.01 |
| Extraordinary charge for refinancing of debt |
-- |
-- |
(0.09) |
(0.12) |
-- |
|
| Net (loss) income per share |
$ (11.61) |
$ (11.83) |
$ 1.07 |
$ 2.21 |
$ 2.00 |
|
| Diluted: |
|
|
|
|
|
| Income (loss) from continuing operations |
$ 0.12 |
$ (0.98) |
$ 0.40 |
$ 0.66 |
$ (0.01) |
| (Loss) income from discontinued operations |
(11.64) |
(10.85) |
0.76 |
1.64 |
2.01 |
| Extraordinary charge for refinancing of debt |
-- |
-- |
(0.09) |
(0.12) |
-- |
|
| Net (loss) income per share |
$ (11.52) |
$ (11.83) |
$ 1.07 |
$ 2.18 |
$ 2.00 |
|
| Dividends declared and paid per share |
$ -- |
$ 0.195 |
$ 0.26 |
$ 0.26 |
$ 0.26 |
|
| Total assets |
$ 142,142 |
$ 393,249 |
$ 482,752 |
$ 279,720 |
$ 236,073 |
| Long-term debt |
$ 107,564 |
$ 658a |
$ 194,759 |
$ 102,463 |
$ 51,350 |
| Stockholders' equity (deficit) |
$ (16,207) |
$ 51,875 |
$ 128,883 |
$ 123,710 |
$ 115,832 |
| Book value per share |
$ (2.62) |
$ 8.40 |
$ 20.97 |
$ 20.25 |
$ 18.47 |
| Shares outstanding at year-end |
6,191 |
6,172 |
6,145 |
6,108 |
6,272 |
|
(a) Excluding callable debt of $271,307.
| MARKET AND DIVIDEND DATA |
|
|
Market Price |
|
| Quarter Ended |
High |
Low |
Dividends |
|
| July 2, 2000 |
14.69 |
8.44 |
0.65 |
| October 1, 2000 |
11.37 |
6.12 |
0.65 |
| December 31, 2000 |
7.31 |
2.87 |
0.65 |
| March 31, 2001 |
6.75 |
3.75 |
-- |
|
| June 30, 2001 |
9.02 |
5.00 |
-- |
| September 29, 2001 |
14.79 |
8.60 |
-- |
| December 29, 2001 |
13.50 |
9.60 |
-- |
| March 31, 2002 |
10.20 |
8.90 |
-- |
|
|
|
|
|
