Here are the numbers -
Lifeway Foods, Inc.
Condensed Statement of Operations
(Unaudited: $ in 000's except per share)
Three Months Ended 9/30
1997 1996
Sales $1,504 $1,374
Cost of Sales 834 771
Gross Profit $670 $603
Gross Profit Margin 44.5% 43.9%
Pretax Income $254 $261
Income Taxes 98 101
Net Income $156 $160
Per Share Earnings $0.04 $0.04
Weighted Avg. Shares 3,785 3,775
Nine Months Ended 9/30
1997 1996 Year End
Sales $4,392 $3,986 $5,295
Cost of Sales 2,407 2,149 2,976
Gross Profit $1,985 $1,837 $2,319
Gross Profit Margin 45.2% 46.0% 43.8%
Pretax Income $1,026 $846 $985
Income Taxes 397 328 367
Net Income $628 $519 $618
Per Share Earnings $0.17 $0.14 $0.16
Weighted Avg. Shares 3,785 3,775 3,778
Current Assets $2,233 $2,762 $2,316
Current Liabilities 821 712 620
Working Capital $1,412 $2,050 $1,696
Long-term debt $1,400 $625 $1,469
Shareholder Equity $3,786 $3,035 $3,134
Total Assets $6,043 $4,418 $5,260 |
