American Pacific Reports Revenue Increase of 34% and Net Income of $2.9 Million for Fiscal 2008 Fir... (s Shareholders' Equity Preferred...)

American Pacific Reports Revenue Increase of 34% and Net Income of $2.9 Million for Fiscal 2008 First Quarter

Date:2/7/2008

Shareholders' Equity

Preferred Stock - No par value;

3,000,000 authorized; none

outstanding - -

Common Stock - $0.10 par value;

20,000,000 shares authorized,

9,470,041 and 9,463,541 issued 947 946

Capital in Excess of Par Value 87,618 87,513

Retained Earnings 9,868 7,296

Treasury Stock - 2,034,870 shares (16,982) (16,982)

Accumulated Other Comprehensive

Loss (5,241) (3,084)

Total Shareholders' Equity 76,210 75,689

TOTAL LIABILITIES AND

SHAREHOLDERS' EQUITY $258,708 $249,407

AMERICAN PACIFIC CORPORATION

Consolidated Statements of Cash Flow

(Unaudited, Dollars in Thousands)

Three Months Ended

December 31,

2007 2006

Cash Flows from Operating

Activities:

Net Income $2,863 $639

Adjustments to Reconcile Net

Income to Net Cash Provided (Used) by

Operating Activities:

Depreciation and amortization 4,815 5,144

Non-cash interest expense 164 1,075

Share-based compensation 29 49

Excess tax benefit from stock

option exercises (28) -

Deferred income taxes (13) -

Changes in operating assets

and liabilities:

'/>"/>

Post Your Comments:

American Pacific Reports Revenue Increase of 34% and Net Income of $2.9 Million for Fiscal 2008 Fir...(s Shareholders' Equity Preferred...),Health