Ethan Allen Interiors Inc. (ETD) 2007年年度报告「NYSE」.pdf

1、A TS E V E N T Y-F I V EANNUAL REPORT 2007FINANCIALhighlightsAmounts in thousands,except per share data.Fiscal Years ended June 30.Statement of Operations DataNet sales$1,005,312$1,066,390$949,012Gross profit$526,583$540,982$461,054Operating income(a)$111,119$142,672$128,978Net income(a)$69,227$85,6

2、82$79,338Per Share DataNet income per diluted share(a)$2.15$2.51$2.19Diluted weighted average common shares outstanding32,26134,08636,193Balance Sheet DataWorking capital$234,990278,038130,423Current ratio2.59to12.88to11.97to1Total assets$802,598$814,100$628,386Total debt,including capital lease obl

3、igations$202,908$202,787$12,510Shareholders equity$409,642$417,442$434,068Debt as%of equity49.5%48.6%2.9%Debt as%of capital33.1%32.7%2.8%2007200620052007$2.152006$2.512005$2.192004$2.082003$1.93Net Income per Diluted ShareNet Income(in millions)2007$69.22006$85.72005$79.32004$79.52003$74.62007$1,005

4、.32006$1,066.42005$949.02004$955.12003$907.3Net Sales(in millions)(a)Includes the effects of pre-tax restructuring and impairment charges totaling$13.4 million and$4.2 million in Fiscal Years 2007 and 2006,respectively.I am pleased to reportthatduringFiscal2007ourfinancialperformancewasstrong,andweg

5、ainedcompetitiveadvantageasweevolvedintoaninteriordesignbusiness.Duringtheyearweachievedsalesof$1billionandnetincomeof$69.2million.Wegeneratedoperatingcashof$119.2million,morethan$50millionofwhichwasusedtorepurchase1.5mil-lionsharesofourcommonstock,andwereturned$25milliontoshareholdersintheformofqua

6、rterlycashdividends.Ithasbeenaverychallengingenvironmentforhomefurnishingsretailers,butwehavesetourselvesapartandpositionedour-selveswelltocontinuetogrowbyfocusingonaddingqualityanddetailtoourproducts,presentinginspirationaldisplaysthatappealtoavarietyoflifestyles,enhancingtheprofessional-ismofourco