|
SELECTED
COMMON SIZE FINANCIAL STATEMENT INFORMATION
|
12-31-03 |
12-31-04 |
12-31-05 |
Industry
Average
|
|
Assets
|
|
|
|
|
|
Cash and equivalents
|
2.3 |
.04 |
.02 |
5.0 |
|
Trade receivables - (net)
|
62.6
|
59.4
|
64.1
|
45.1
|
Inventory
|
28.1
|
21.2
|
22.6
|
27.6
|
Total current assets
|
93.3
|
82.0
|
87.8
|
80.5
|
Fixed assets (net)
|
6.6
|
17.9
|
12.2
|
13.6
|
Total assets
|
100.0
|
100.0
|
100.0
|
100.0
|
|
______________________________________________________________________
|
|
Liabilities |
|
|
|
|
|
Current maturities of long-term debt
|
4.5 |
4.9 |
4.0 |
5.4 |
|
Trade payables
|
52.1
|
53.7
|
48.3
|
29.2
|
|
Total current liabilities
|
71.9
|
73.7
|
77.3
|
58.0
|
|
Long-term debt, net of current portion
|
5.9
|
12.5
|
8.4
|
7.2
|
|
Net worth
|
22.2
|
13.8
|
14.3
|
30.7
|
|
Total liabilities and net worth
|
100.0
|
100.0
|
100.0
|
100.0
|
|
_____________________________________________________________________
|
|
Income Data
|
|
|
|
|
|
Net sales
|
100.0
|
100.0
|
100.0
|
100.0
|
|
Gross profit
|
31.0
|
30.9
|
32.8
|
22.7
|
|
Operating expenses
|
28.1
|
32.3
|
31.8
|
20.0
|
|
Operating profit
|
2.9
|
(1.4)
|
1.0
|
2.8
|
|
All other expenses
|
0.7
|
0.8
|
0.5
|
0.0
|
|
Profit before taxes
|
2.2
|
(0.6)
|
.05
|
2.8
|
