Financial Data
SUMMARY FINANCIAL DATA
The following table summarizes the financial data for our business.
You should read this information together with the financial statements and the
notes to those statements appearing elsewhere in this prospectus. See "Selected
Financial Data" and "Management's Discussion and Analysis of Financial Condition
and Results of Operations."
ONE MONTH
YEAR ENDED ENDED YEAR ENDED NINE MONTHS ENDED
DECEMBER 31, JANUARY 31, JANUARY 31, OCTOBER 31,
------------------------------- ----------- ------------- -------------------------
1995 1996 1997 1998 1999 1998 1999
---- ---- ---- ---- ---- ---- ----
(IN THOUSANDS, EXCEPT PER SHARE DATA)
STATEMENT OF OPERATIONS DATA:
Sales............................... $15,355 $6,450 $14,559 $212 $18,629 $13,536 $18,224
Income (loss) from
operations...................... 553 (2,183) 3,775 (635) 2,844 2,079 1,829
Net income (loss)................... (213) (1,577) 2,055 (431) 1,567 1,120 1,022
Earnings (loss) per share:
Basic........................... (0.21) (0.16) 0.21 (0.04) 0.16 0.11 0.10
Diluted.......................... (0.21) (0.16) 0.21 (0.04) 0.16 0.11 0.10
Shares used in computing
basic earnings per share........ 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Shares used in computing
diluted earnings per share ...... 10,000 10,000 10,000 10,000 10,110 10,110 10,229
The following table summarizes our balance sheet as of October 31,
1999 (1) on an actual basis and (2) on an as adjusted basis to give effect to
the sale of the ________ shares in this offering, after deducting the
underwriting discounts and estimated offering expenses, and our anticipated
application of the net proceeds of the offering.
AS OF OCTOBER 31, 1999
----------------------
ACTUAL AS ADJUSTED
------ -----------
BALANCE SHEET DATA: (IN THOUSANDS)
Cash and cash equivalents................ $ 2,575
Working capital.......................... 89
Total assets............................. 13,430
Long-term debt........................... 3,800
Stockholders' equity..................... 568
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