AT PLASTICS INC. C$ ²²Qtr. Dec. 311994²° 1993²°
Sales50,952,000 39,821,000
Net income5,760,000 (2,161,000)
²Income per share0.45 (0.55)
²²12 months
Sales184,558,000 157,494,000
Net income15,035,000 (7,719,000)
²Income per share1.29 (1.97)
²
BONAR INC. C$
²²Qtr. Dec. 31994²° 1993²°
Sales73,122,000 52,462,000
Net income4,068,000 4,452,000
²Income per share0.83 0.91
²²12 months
Salesn239,668,000201,442,000
Net income13,116,000 10,277,000
²Income per share2.68 2.10
n-Includes about six months' sales of business acquired from Twinpack.
DAVSTAR INDUSTRIES LTD.
²²Qtr. Dec. 311994²° 1993²°
Sales1,110,000 1,151,000
Net income(1,280,000) (1,184,000)
²Income per share(0.10) (0.10)
²²6 months
Sales3,056,000 2,529,000
Net income(3,107,000) (1,880,000)
²Income per share(0.24) (0.16)
²
DOUGLAS & LOMASON CO.
²²Qtr. Dec. 311994²° 1993²°
Sales182,419,824 112,586,184
Net income6,426,559 n(7,859,155)
²Income per share1.52 (1.86)
²²12 months
Sales566,818,933 424,842,681
Net income12,486,415 n(7,167,504)
²Income per share2.95 (1.70)
n-Includes an after-tax charge of $9,600,000 ($2.28 per share) for plant closings, and a charge from an accounting adjustment of $3,756,930 ($0.90 per share).
DURAKON INDUSTRIES INC.
²²Qtr. Dec. 311994²° 1993²°
Salesn39,300,000 28,795,000
Net income2,876,000 4,253,000
²Income per share0.43 0.64
²²12 months
Salesn144,483,000 105,738,000
Net income12,101,000 nn11,974,000
²Income per share1.82 1.82
n-Includes sales from Benton Plastics Inc., which was acquired July 29.
nn-Includes nonrecurring gain of $2,358,000 (0.36 per share) for a call to buy a minority share of DFM Corp.
n-Restated to reflect discontinued operations.
nn-Current year includes nonrecurring gain of $15,900,000 from the sale of the Chandler, Ariz., manufacturing plant and related assets and technology to Northrop Grumman. Also includes a $2,900,000 provision for bankruptcy claim adjustments. Previous year includes $12,600,000 charge for asset write-downs and other expenses and a $2,600,000 restructuring charge.
n-Includes nonrecurring gain of $4,750,000 for a change in accounting procedures for income taxes.
LARIZZA INDUSTRIES INC.
²²Qtr. Dec. 311994²° 1993²°
Sales47,823,000 38,108,000
Net income3,467,000 1,903,000
²Income per share0.16 0.13
²²12 months
Sales169,336,000 148,257,000
Net incomen16,389,000 12,387,000
²Income per share0.77 0.72
n-Includes a nonrecurring gain of $2,405,000 (0.11 per share) related to refinancing of debt.
MERIT MEDICAL SYSTEMS INC.
²²Qtr. Dec. 311994²° 1993²°
Sales8,884,166 7,098,732
Net income(234,418) 538,377
²Income per share(0.03) 0.08
²²12 months
Sales33,324,245 25,431,180
Net income1,250,847 1,840,211
²Income per share0.19 0.28
²
MYERS INDUSTRIES INC.
²²Qtr. Dec. 311994²° n1993²°
Sales79,725,182 65,984,196
Net income5,323,212 4,616,013
²Income per share0.35 0.30
²²12 months
Sales274,054,163 245,136,189
Net income17,831,163 15,394,727
²Income per share1.17 1.05
n-All per-share data was adjusted for 5-for-4 stock split distributed in August 1994.
n-Includes nonrecurring loss of $1,108,000 (0.06 per share) related to discontinued operations.
nn-Includes nonrecurring charge of $8,220,000 (0.50 per share) related to sale of discontinued operations and $125,000 (0.01 per share) loss from those operations.
n-Includes results from the November 1994 acquisition of the extrusion and color divisions of Pawnee Industries Inc.
n-Pro forma earnings were calculated using the total number of shares outstanding (3.724 million) after the firm's March 1994 public offering.
Figures in parentheses are losses.
C$ Canadian dollars.
Source: Nordby International, Boulder, Colo.
