Cobra 2007 Annual Report Download - page 10
Download and view the complete annual report
Please find page 10 of the 2007 Cobra annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2 -
3 -
4 -
5 -
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 -
15 -
16
 |
 |
8 COBRA ELECTRONICS CORPORATION
Years Ended December 31,
In thousands, except per share amounts 2007 2006 2005
Net sales $ 155,935 $ 153,695 $ 133,084
Cost of sales 124,534 123,742 98,949
Selling, general and administrative expense 39,634 32,620 30,614
(Loss) earnings from operations (8,233 ) (2,667 ) 3,521
Interest expense 1,655 479 89
Other income 1,089 63 10,151
(Loss) earnings before income taxes (8,799 ) (3,083 ) 13,583
Minority interest (19 ) 4 –
Net (loss) earnings $ (4,422 ) $ (1,630 ) $ 11,984
Net (loss) earnings per common share:
Basic $ (0.68 ) $ (0.25 ) $ 1.86
Diluted $ (0.68 ) $ (0.25 ) $ 1.81
Weighted average shares outstanding:
Basic 6,458 6,482 6,448
Diluted 6,458 6,482 6,609
Dividends declared and paid per common share $ 0.16 $ 0.16 $ –
CONSOLIDATED STATEMENTS OF OPERATIONS