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Hawkins, Inc. Reports Fourth Quarter, Fiscal 2008 Results
Date:6/12/2008

4 $196,439,762 $160,405,080

Cost of sales 42,446,932 31,459,035 154,843,280 123,168,103

Gross margin 8,754,491 8,246,039 41,596,482 37,236,977

Selling, general and

administrative

expenses 6,661,767 6,136,878 28,614,185 25,972,636

Income from operations 2,092,724 2,109,161 12,982,297 11,264,341

Investment income 468,676 684,144 1,340,712 1,692,332

Income before income

taxes 2,561,400 2,793,305 14,323,009 12,956,673

Provision for income

taxes 830,833 984,790 5,213,000 4,887,790

Net income $1,730,567 $1,808,515 $9,110,009 $8,068,883

Weighted average

number of shares

outstanding --

basic 10,239,458 10,171,496 10,213,225 10,171,496

Weighted average

number of shares

outstanding --

diluted 10,242,725 10,180,040 10,214,387 10,173,719

Earnings per share --

basic and diluted $0.17 $0.18 $0.89 $0.79

Cash dividends

declared per common

share $0.24 $0.22 $0.48 $0.44


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SOURCE Hawkins, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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