date:Apr 18, 2014
king capital requirements low, and free cash flow healthy. There are significant opportunities for S.G.A. synergies in the business, as well as long-term manufacturing opportunities.
For the first quarter ended March 29, the company had net income of $17,777,000, equal to 33c per share on the common stock, which compared with $19,634,000, or 37c per share, in the same prior-year period.
Net sales totaled $198,140,000, up 16% from $171,194,000 in the first quarter of the year before.
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