CTI Industries Corp. (CTIB) Income Statement

Income Statement for CTI Industries Corp.  (CTIB) 
$ 4.85 0.00 (0.00%) Volume: 2:14 PM EST Feb 9, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Operating Revenue 47,748 41,295 44,981 36,510 35,428
Total Revenue 47,748 41,295 44,981 36,510 35,428
Adjustments to Revenue - - - - -
Cost of Revenue (35,145) (30,035) (32,977) (26,269) (25,004)
Cost of Sales With Depreciation 37,145 32,082 34,658 27,825 26,531
Gross Margin 12,603 11,260 12,004 10,241 10,424
Gross Operating Profit 12,603 11,260 12,004 10,241 10,424
Selling/General/Admin Expense (7,556) (6,987) (7,940) (5,965) (5,402)
Research & Development - - - - -
Advertising - - - 1,474 1,201
EBITDA (Operating Income Before Depreciation) 5,047 4,273 4,064 2,802 3,822
Depreciation & Amortization (2,000) (2,047) (1,682) (1,557) (1,527)
Depreciation, Unreconciled - - - - -
Amortization - - - - -
Amortization of Intangibles - - - - -
Operating Income 3,047 2,226 2,383 1,245 2,295
Operating Profit After Depreciation 3,047 2,226 2,383 1,245 2,295
Interest Income 18 18 6 9 23
Earnings from Equity Interest - - - - -
Other Income, Net (31) (20) 50 174 518
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - - - -
Total Income Before Interest Expense (EBIT) 3,033 2,224 2,438 1,427 2,836
Interest Expense (937) (1,103) (1,037) (1,295) (1,714)
Income Before Tax 2,096 1,121 1,401 132 1,122
Income Taxes (343) (114) (247) (51) 774
Minority Interest 74 (4) (0) 0 (2)
Preferred Securities of Subsidiary Trust - - - - -
Other Special Charges 2,096 1,121 1,401 132 1,122
Net Income from Continuing Operations 1,828 1,003 1,154 82 1,895
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 1,828 1,003 1,154 82 1,895
Normalized Income 1,828 1,003 1,154 82 1,895
Extraordinary Income/Loss - - - - -
Special Income/Charges - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Net Income Available for Common 1,828 1,003 1,154 82 1,895
Other Gains - - - - -
Total Net Income 1,828 1,003 1,154 82 1,895
Net Income Available for Common 1,828 1,003 1,154 82 1,895
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.10 0.00 0.00 0.00 0.00
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 0.61 0.36 0.42 0.03 0.91
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Extraordinary Income Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Basic EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Net Income 0.61 0.36 0.42 0.03 0.91
Basic Normalized Net Income per Share 0.61 0.36 0.42 0.03 0.91
Basic EPS from Total Operations 0.61 0.36 0.42 0.03 0.91
Diluted EPS from Continuing Operations 0.60 0.36 0.40 0.03 0.85
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Extraordinary Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Net Income 0.60 0.36 0.40 0.03 0.85
Diluted Normalized Net Income per Share 0.60 0.36 0.40 0.03 0.85
Excise Tax - - - - -
Diluted EPS from Total Operations 0.60 0.36 0.40 0.03 0.85