| |
|
Year ended December 31, |
| |
|
2006 |
2007 |
2008 |
| Net sales |
|
|
|
| |
Manufactured products |
$ 439,280 |
$ 494,805 |
$ 447,848 |
| |
Distributed products |
12,416 |
10,783 |
32,415 |
| |
Sales, delivery and installation of wires and cables |
16,421 |
5,253 |
20,535 |
| |
|
468,117 |
510,841 |
500,798 |
| Costs of sales (purchases from related parties amounted to $75,338 in 2006, $69,240 in 2007 and $57,401 in 2008) |
|
|
|
| |
Manufactured products |
(380,792) |
(450,134) |
(410,581) |
| |
Distributed products |
(11,309) |
(10,703) |
(30,831) |
| |
Sales, delivery and installation of wires and cables |
(16,705) |
(5,600) |
(21,491) |
| |
(Allowance) recovery for inventory reserve |
(2,017) |
1,272 |
(25,145) |
| |
|
(410,823) |
(465,165) |
(488,048) |
|
57,294 |
45,676 |
12,750 |
Selling, general and administrative expenses
|
(26,195) |
(26,156) |
(29,032) |
Allowance for doubtful accounts
|
(1,221) |
(3,295) |
(12) |
Impairment of long-lived assets
|
(196) |
¡X |
¡X |
Income (loss) from operations
|
29,682 |
16,225 |
(16,294) |
|
5,464 |
864 |
(1,712 |
|
705 |
1,517 |
990 |
|
(5,886) |
(7,580) |
(5,769) |
Share of net gain (loss) of equity investees
|
73 |
124 |
(142) |
Impairment of investments
|
(86 |
(95) |
¡X |
(Loss) gain on sale of investments
|
(729) |
35 |
¡X |
Gain on liquidation of subsidiary
|
1,801 |
¡X |
¡X |
|
1,536 |
2,070 |
2,859 |
Income (loss) before income taxes and minority interests
|
32,560 |
13,160 |
(20,068) |
|
(10,257) |
(6,298) |
(2,132) |
|
(9,330) |
(2,029) |
8,551 |
|
$ 12,973 |
$ 4,833 |
$ (13,649) |
Basic and diluted income (loss) per share
|
$ 0.94 |
$ 0.35 |
$ (0.99) |
| |
|
|
|
| Basic and diluted weighted average common shares outstanding |
13,830,769 |
13,830,769 |
13,830,769 |
|
