Navigation Links
Smart Balance Announces Third Quarter 2007 Results
Date:11/9/2007

er, due to the aforementioned acquisition of GFA Brands, Inc.

Nine Months of 2007 Operating Basis Results

The following discussion of operating basis results provides a comparison of the operating results of Smart Balance, excluding operating expenses of the parent company prior to the acquisition of GFA Brands, Inc. Therefore, operating basis results in the prior-year period include only the results of operations of GFA Brands, Inc. (the operating company acquired by Smart Balance, Inc. on May 21, 2007). Management believes that the operating basis results are useful to the investor because they reflect the actual performance and expenses of the operating entity in both the current and prior periods for the entire period presented. The operating basis results should not be viewed in isolation or as a substitute for GAAP results. A reconciliation of operating basis results to GAAP results is provided in the accompanying tables.

Net sales in the first nine months of 2007 advanced approximately 28% to $124.8 million, compared with net sales of $97.3 million in the first nine months of 2006, reflecting the 31% gain in net sales in the third quarter, the 32% gain in net sales in the second quarter, and 22% growth in net sales in the first quarter.

Reflecting the impact of non-cash expenses (123R stock-based compensation, depreciation, and amortization) which totaled $6.3 million in the current period and $0.3 million last year, operating income in the first nine months of 2007 grew 11% to $19.8 million, compared with operating income of $17.8 million in the first nine months of 2006. Excluding the effect of the non- cash expenses in both periods, operating income grew 44% to $26.1 million, compared to $18.1 million last year. Operating income growth was driven by the strong sales performance, coupled with the impact of the March and August 2007 price increases and lower promotional spending due to a planned shift in spending to the fourth quarter
'/>"/>

SOURCE Smart Balance, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related medicine news :

1. New Smart Technology Makes Patient Data Collection Easier, More Efficient
2. New Survey Shows Americans are Still Concerned About Food Safety, Yet Still Not Smart About What They Like to Eat
3. Delta Dental of Illinois Introduces Smile Smart For Your Health
4. Toddler Study Proves Humans Outsmart Apes
5. SMART Association Becomes Healthcare Council Member of Smart Card Alliance
6. Smart insulin nanostructures pass feasibility test, UT study reports
7. New Oral-B(R) Triumph(TM) With SmartGuide(TM) is the First Power Toothbrush With a Wireless Display
8. Pasta Gets Smarter - and Healthier
9. Healthy Living Made Easy with New Diabetes Foodsmart e-Newsletter
10. Oridion Introduces New Smart Capnography System for Improved Patient Safety
11. SafeSmart, Inc. Presents SafetyTies to Sixth Annual MedAssets Technology Forum
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2014)... Youth substance abuse is a serious problem ... Houston, TX. Substance abuse can happen to people of ... alcohol dependency in higher numbers than ever before. ... but don’t know where to find professional youth rehab. ... challenge because most treatment options are designed for adults. ...
(Date:8/23/2014)... Holly Springs, NC (PRWEB) August 23, 2014 ... issues facing young people in Holly Springs, NC. Countless adolescents ... on a regular basis. Unfortunately, many never receive professional ... and young adults on where to get help. Troubled Teens ... difference in the lives of local teenage alcohol abusers ...
(Date:8/22/2014)... Search Engine Optimization is needed ... of search engines and get more audience and ... compared many Linux hosting suppliers and announced that ... most recommended Linux hosting suppliers for webmasters from ... buy high quality Linux hosting (including VPS and ...
(Date:8/22/2014)... 23, 2014 2014 Deep Research ... professional and in-depth research report on the Glucose ... information, including Glucose Meter definition, classification, application, and ... This research covers the international market analysis, including ... covering macroeconomic environment & economic situation analysis. The ...
(Date:8/22/2014)... August 23, 2014 Recently, Skmen.com, an ... collection of 2014 bohemian dresses in its online store. ... discounted prices, up to 28% off. All the international ... before August 31, 2014. , The company’s professional ... wants to show worldwide customers more the latest information ...
Breaking Medicine News(10 mins):Health News:New Houston Hotline Assisting Juveniles in Locating Dependable Rehabilitation Help 2Health News:New Helpline Provides Teen Drug & Alcohol Recovery Information in Holly Springs, NC 2Health News:Top10BestSEOHosting.com Announces Best Cheap Hosting Suppliers Of This Summer 2Health News:Glucose Meter Industry Global (Europe, Asia, NA, ROW) Analysis Now Available at ReportsnReports.com 2Health News:Glucose Meter Industry Global (Europe, Asia, NA, ROW) Analysis Now Available at ReportsnReports.com 3Health News:Cheap Bohemian Dresses Unveiled by Experienced Supplier Skmen.com 2
... is becoming an epidemic, a leading obstetricians has warned//. ... to major crisis. With Caesarean this is the risk if ... Dr Dermot MacDonald, former Director of the Dublin-based National Maternity ... Europe. ,Speaking at a seminar in New ...
... in a macabre incident of marital discord, a former nurse murdered ... JoAnn Godt pleaded guilty Monday to the indictment of murder and ... She had apparently beaten her husband to death with a baseball ... been sentenced to 20 years in prison. , Authorities ...
... evidence that explains exactly how exposure to lead during brain ... that exposure to levels of lead that are similar to ... of new neurons (neurogenesis) in the brain. Lead also alters ... of the brain (hippocampus) known to be important for learning ...
... According to a report by a progressive policy group in ... billion dollars if it goes about some bargaining// , with ... information from the Center for Economic and Policy Research, the ... savings from cheaper prices could be diverted to either enhance ...
... Researchers have documented a case of hepatitis B virus (HBV) ... United States//. While this kind of infection is exceedingly rare, ... cases, according to the authors. ,The ... from the Centers for Disease Control and Prevention (CDC) and ...
... to devise ways and means of protecting the survivors of ... has been estimated thousands of such survivors do develop epilepsy ... high for certain kinds of war injuries. Studies of Vietnam ... of the University of Washington. ,Epilepsy may not ...
Cached Medicine News:Health News:'Alarming Rise in Caesarean Births a Cause of Concern' 2Health News:Research Explains How Lead Exposure Produces Learning Deficits 2Health News:Rare Case of Hepatitis B Virus Transmission Between Dental Patients Recorded 2Health News:Rare Case of Hepatitis B Virus Transmission Between Dental Patients Recorded 3Health News:Research to Protect Accident Victims from Epilepsy 2
(Date:8/21/2014)... Aug. 21, 2014   Memorial Hermann Health System ... today announced a new partnership to provide a new ... breast care centers in the greater Houston ... will become the exclusive provider of professional breast radiology services ... in Memorial City, The Woodlands , Northeast, ...
(Date:8/21/2014)... Aug. 21, 2014  eRelevance Corporation ( www.erelevancecorp.com ... today that it has completed integration with Nextech, ... Plastic Surgery and Dermatology practices. "Integration ... to healthcare practices using Nextech," stated Bob ... "Using information from the EMR we are able ...
(Date:8/21/2014)... Eisai Limited is pleased to support the Canadian Epilepsy Alliance ... in Canada . The comic book, an ... and their parents about epilepsy, the most common neurological disorder ... Canadians. Eisai is guided by a corporate philosophy known as ... is central – there was a need within the epilepsy ...
Breaking Medicine Technology:Memorial Hermann, MD Anderson join forces to provide enhanced breast imaging services throughout the Greater Houston Region 2Memorial Hermann, MD Anderson join forces to provide enhanced breast imaging services throughout the Greater Houston Region 3Memorial Hermann, MD Anderson join forces to provide enhanced breast imaging services throughout the Greater Houston Region 4eRelevance Corporation Integrates with Nextech Electronic Medical Records 2Eisai Pleased to Support Canadian Epilepsy Alliance Comic Book that Teaches Children About Epilepsy 2
... Feb. 23, 2011 The Cystic Fibrosis Foundation and Vertex ... that targets the defective protein that causes cystic fibrosis, showed ... The trial was designed to evaluate patients age 12 ... CF mutation called G551D. The study included 161 patients who ...
... 2011 PDI, Inc. (Nasdaq: PDII ) today announced ... present at the Cowen and Company 31st Annual Health Care Conference ... Copley Place in Boston. The live audio broadcast ... website at http://www.pdi-inc.com . The live audio broadcast will be ...
Cached Medicine Technology:Phase 3 Study of VX-770 Shows Marked Improvement in Lung Function Among People with Cystic Fibrosis with G551D Mutation 2Phase 3 Study of VX-770 Shows Marked Improvement in Lung Function Among People with Cystic Fibrosis with G551D Mutation 3
Rotary Piston Nebulizer...
... the exceptional performance you need at a price ... and durability youd expect from headlights priced much ... features our thinnest cable and adjusts from 90 ... when you reach for a headlight you can ...
... The newest STERIS lighting system ... controls, Wavelens™ technology for super-focus capability, ... shadow control and depth of field, ... backup. The system's LCD control center ...
... micro-prism refractive technology that precisely focuses ... onto the surgical site. Patented prism ... of cavity illumination, shadow control, heat ... highly maneuverable PrismAlix Series is available ...
Medicine Products: