1、2008 ETHAN ALLEN GLOBAL,INC.ANNUAL REPORT 2008ETHAN ALLEN INTERIORS INC.ANNUAL REPORT 2008hip“New Attitude,”our dynamic newtelevision commercial,has a uniquepercussive rhythm and strikingmodern attitude.A fluid medleyof exciting images and words,thecommercial is a high-impact vehiclefor spreading ne
2、ws of our fashionsensibility to youngerand younger-mindeddemographics.modernchicsexyelegantfreshcoolprettyF I N A N C I A LH I G H L I G H T SAmounts in thousands,except per share data.Fiscal Years ended June 30.Statement of Operations Data200820072006Net sales$980,045$1,005,312$1,066,390Gross profi
3、t$526,065$526,583$540,982Operating income(a)$96,000$111,119$142,672Net income(a)$58,072$69,227$85,682Per Share DataNet income per diluted share(a)$1.97$2.15$2.51Diluted weighted average common shares outstanding29,47032,26134,086Balance Sheet DataWorking capital$174,676$234,990$278,038Current ratio2
4、.29 to 12.59 to 12.88 to 1Total assets$761,973$802,598$814,100Total debt,including capital lease obligations$203,029$202,908$202,787Shareholders equity$375,773$409,642$417,442Debt as%of equity54.0%49.5%48.6%Debt as%of capital35.1%33.1%32.7%Cash Returned to ShareholdersDividends paid$25,495$24,797$23
5、,128Cost of shares repurchased$69,745$53,956$85,107Number of shares repurchased2.3 million1.5 million2.5 millionNet Income perDiluted ShareNet Income(in millions)Net Sales(in millions)(a)Includes the effects of pre-tax restructuring and impairment charges totaling$6.8 million,$13.4 million and$4.2 m
6、illion in Fiscal Years 2008,2007,and 2006,respectively.040506070804050607080405060708$2.08$2.19$2.51$2.15$1.97$69.2$79.5$79.3$85.7$58.1$955.1$949.0$1066.4$980.0$1005.3T H EW E L L-D E S I G N E DH O M E.T H A T SO U RJ O B.1Im pleased to report that Ethan Allen has performed well in a difficult econ