HVT » Topics » Operating Results

These excerpts taken from the HVT 10-K filed Mar 16, 2009.

Operating Results

 

The following table sets forth for the periods indicated selected statement of operations data, expressed as a percentage of net sales:

 

 


Percentage of Net Sales

 

 

2008

 

2007

 

2006

 

Net sales

 

100.0%

 

100.0

%

100.0

%

Cost of sales

 

48.3

 

50.3

 

50.4

 

Gross profit

 

51.7

 

49.7

 

49.6

 

Credit service charge revenue

 

0.3

 

0.3

 

0.3

 

Provision for doubtful accounts

 

0.2

 

0.2

 

0.1

 

Selling, general and administrative expenses

 

52.7

 

49.9

 

47.1

 

(Loss) income before income taxes

 

(0.9)

 

0.3

 

3.0

 

Net (loss) income

 

(1.8)

 

0.2

 

1.9

 

 

Operating Results



 



The following table sets forth for the periods indicated selected statement of operations data, expressed as a percentage of net sales:




























































































 


 



Percentage of Net Sales


 


 


2008


 


2007


 


2006


 


Net sales


 


100.0%


 


100.0


%


100.0


%


Cost of sales


 


48.3


 


50.3


 


50.4


 


Gross profit


 


51.7


 


49.7


 


49.6


 


Credit service charge revenue


 


0.3


 


0.3


 


0.3


 


Provision for doubtful accounts


 


0.2


 


0.2


 


0.1


 


Selling, general and administrative expenses


 


52.7


 


49.9


 


47.1


 


(Loss) income before income taxes


 


(0.9)


 


0.3


 


3.0


 


Net (loss) income


 


(1.8)


 


0.2


 


1.9


 




 



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 16, 2009

RELATED TOPICS for HVT:

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