Home » Financials » 2009 Annual Report
Selected Consolidated Financial Information
| (Dollars in thousands, except per share data) | ||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Per Common Share Data | ||||||||||
| Basic Earnings per Share | ||||||||||
| Income from continuing operations | $ 3.54 | $ 6.42 | $ 6.77 |
$ 5.73 | $ 3.51 | |||||
| Income from discontinued operations, net of taxes |
.09 | .68 |
.25 | .37 | ||||||
| Net Income | 3.63 | 6.42 | 7.45 |
5.98 | 3.88 | |||||
| Diluted Earnings per Share | ||||||||||
| Income from continuing operations | 3.54 | 6.39 | 6.73 |
5.64 | 3.44 | |||||
| Income from discontinued operations, net of taxes |
.09 | .67 |
.24 | .36 | ||||||
| Net Income | 3.63 | 6.39 | 7.40 |
5.88 | 3.80 | |||||
| Weighted-average shares (basic) | 9,166,558 | 9,124,557 | 9,029,487 |
8,731,839 | 8,410,563 | |||||
| Weighted-average shares (diluted) | 9,184,771 | 9,169,056 | 9,090,846 |
8,871,695 | 8,579,194 | |||||
| Dividends | 1.20 | 1.15 | .90 |
.80 | .80 | |||||
| Stock price - high | 89.00 | 130.51 | 109.60 |
80.01 | 46.61 | |||||
| Stock price - low | 41.86 | 33.30 | 64.35 |
44.66 | 31.76 | |||||
| Price/earnings ratio (range) | 25-12 | 20-5 | 15-9 |
14-8 | 12-8 | |||||
| Operating Results | ||||||||||
| Sales | $ 546,944 | $ 667,543 | $ 631,010 |
$ 549,180 | $ 494,767 | |||||
| Gross profit | 145,452 | 153,621 | 146,029 |
132,389 | 125,210 | |||||
| Interest income/(expense), net | 588 | 1,533 | 1,927 |
(1,682) | (5,520) | |||||
| Provision for income taxes | (15,517) | (16,955) | (10,359) |
(10,905) | (11,040) | |||||
| Equity in (loss)/earnings of joint venture, net of taxes |
(5,512) | 10,377 | 15,383 |
13,550 | 9,005 | |||||
| Income from continuing operations | 32,483 | 58,592 | 61,140 |
50,060 | 29,509 | |||||
| Income from discontinued operations, net of taxes | 817 | - | 6,099 |
2,140 | 3,101 | |||||
| Net income | 33,300 | 58,592 | 67,239 |
52,200 | 32,610 | |||||
| Net income/sales | 6.1% | 8.8% | 10.7% |
9.5% | 6.6% | |||||
| Return on equity | 6.9% | 12.7% | 16.6% |
15.8% | 11.3% | |||||
| Financial Condition at Year- end (1) | ||||||||||
| Working capital | $ 287,467 | $ 297,445 | $ 314,339 |
$ 280,467 | $ 216,126 | |||||
| Property, plant and equipment, net | 238,508 | 206,162 | 173,731 |
134,470 | 154,665 | |||||
| Investments | ||||||||||
| Equity method venture | 30,626 | 14,428 | 14,677 |
14,501 | 13,777 | |||||
| Cost method ventures | 3,784 | 3,784 | 3,784 |
3,784 | 5,922 | |||||
| Total assets | 762,549 | 726,322 | 705,812 |
634,664 | 578,036 | |||||
| Long-term debt, less current portion | 30,933 | 35,989 | 57,593 |
72,525 | 77,109 | |||||
| Cash Flow (1) | ||||||||||
| Expenditures for property, plant and equipment | $ 46,874 | $ 60,697 | $ 47,697 |
$ 35,519 | $ 25,371 | |||||
| Depreciation and amortization | 22,108 | 20,409 | 17,034 |
17,440 | 18,924 | |||||
(1) Amounts include both continuing and discontinued operations.
