date:Mar 14, 2013
Net income in the year ended Dec. 31, 2012, was $1,624,000, equal to 9c per share on the common stock, up 51% from $1,078,000, or 6c per share, in fiscal 2011. Net sales rose 20% to $334,335,000 from $279,463,000.
Income in the fourth quarter ended Dec. 31 was down sharply from the previously year, falling to $180,000, or 1c per share, from $16,144,000, or 89c per share. Last years fourth-quarter results included a $13 million asset acquisition gain related to the acquisition of the companys In