Young Innovations, Inc.
Consolidated Statements of Income
(In Thousands, Except Earnings Per Share Data)
(Unaudited)
Three Months Ended Twelve Months Ended
December 31, December 31,
2008 2007 Change 2008 2007 Change
Net Sales $23,923 $25,041 -4.5% $99,143 $97,402 1.8%
Cost of Goods Sold $11,519 11,948 -3.6% $46,847 45,623 2.7%
Gross Profit $12,404 $13,093 -5.3% $52,296 $51,779 1.0%
% of Net Sales 51.8% 52.3% 52.7% 53.2%
Selling, General and
Administrative Expense $7,581 8,014 -5.4% $32,543 31,019 4.9%
% of Net Sales 31.7% 32.0% 32.8% 31.8%
Income from Operations 4,823 5,079 -5.0% 19,753 20,760 -4.9%
% of Net Sales 20.2% 20.3% 19.9% 21.3%
Interest expense, net 263 348 1,332 1,109
Other (income) expense,
net (82) (10) (465) 41
Income Before Taxes 4,642 4,741 -2.1% 18,886 19,610 -3.7%
Provision for Income
Taxes 1,541 1,176 6,705 6,677
Net Income $3,101 $3,565 -13.0% $12,181 $12,933 -5.8%
% of Net Sales 13.0% 14.2% 12.3% 13.3%
Basic Earnings Per
Share $0.40 $0.43 -7.0% $1.52 $1.46 4.1%
Basic Weighted Average
Shares Outstanding 7,812 8,214 $7,999 $8,828
Earnings Per Share
(Diluted) $
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