| 2008 Financial Highlights |
| (Dollars
in thousands except per share data) |
Year ended November 30 |
| 2008 |
2007 |
2006 |
|
Consolidated Sales |
667,543 |
631,010 |
$ 549,180 |
Sales of Unconsolidated Joint-Venture Companies |
469,714 |
343,726 |
312,935 |
Total Consolidated and
Unconsolidated Sales - as adjusted(1) |
1,137,257 |
974,736 |
862,115 |
Income from continuing operations |
58,592 |
61,140 |
$ 50,060 |
Income from discontinued operations |
- |
6,099 |
2,140 |
Net Income |
58,592 |
67,239 |
$ 52,200 |
|
Net Income Per Share |
|
|
|
Income from continuing operations |
6.39 |
.673 |
5.64 |
Income from discontinued operations |
- |
0.67 |
0.24 |
Net Income Per Share |
6.39 |
7.40 |
5.88 |
| |
|
| (1) Represents a non-GAAP financial measure. The Company believes such measure more fully presents the breadth of the Company’s business and its investments. The sales
of unconsolidated joint-venture companies represent 100% of the sales of those joint venture companies and not the Company’s partial ownership percentage. The
Company’s joint-ventures companies include 50% ownership interest in TAMCO, a 40% ownership interest in Bondstrand, Ltd. and a 30% ownership interest in Ameron
Saudi Arabia, Ltd. The non-GAAP financial measure is important to fully understand sales trends and financial performance of Ameron and its joint-venture companies. |
| |
|
 Download the 2008 Annual Report [5.3 MB] |
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