|
Years Ended December 31
(Dollars in Thousands, except per share data)
 |
2004 |
2003 |
2002 |
2001 |
2000 |
| Net
Sales |
$55,268 |
$41,069 |
$36,504 |
$39,514 |
$40,730 |
| Operating
Income |
$3,562 |
$1,174 |
$745 |
$655 |
$1,527 |
| Income
(loss) before taxes |
$3,754 |
$938 |
$343 |
$(93) |
$920 |
Net
income (loss) applicable
to common stockholders |
$2,466 |
$640 |
$(1,207) |
$(221) |
$534 |
|
Net income (loss)
per fully
diluted share applicable
to common stockholders*
|
$1.02 |
$ 0.28 |
$ (0.52) |
$ (0.10) |
$ 0.24 |
| EBITDA** |
$4,377 |
$1,691 |
$1,333 |
$1,489 |
$2,010 |
|
*Per share data has been adjusted and restated for a one-for-four reverse split of common stock effective on March 23, 2005.
**EBITDA represents earning before interest, taxes, depreciation, amortization, certain other income and expense items, and non-cash impairment charges of $96,000 and $238,000 for 2002 and 2001, respectively. EBITDA is an indicator of cash flow generated from operations that is available for taxes, debt service and capital expenditures.
|
2004 |
2003 |
2002 |
2001 |
2000 |
| Total
assets |
$20,933 |
$14,918 |
$13,707 |
$14,591 |
$16,792 |
| Common
stockholder's equity |
$6,371 |
$3,780 |
$3,140 |
$4,343 |
$4,559 |
| Book
value per share |
$2.68 |
$1.64 |
$1.36 |
$1.88 |
$1.98 |
|
The above Financial Highlights should be read in conjunction with the Consolidated Financial Statements,
the notes thereto and the other financial data included elsewhere in the Company's December 31, 2004
Annual Report on Form 10-K as filed with the Securities and Exchange Commission.
|
