belf06rel _2 - Bel Fuse Inc.

BEL FUSE AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
($000s omitted, except for per share data)
(Unaudited)
Three Months Ended
December 31,
2006
2005
Twelve Months Ended
December 31,
2006
2005
$ 60,573
$ 56,684
$ 254,933
$ 215,916
46,927
9,093
-56,020
42,346
8,500
-50,846
192,985
37,800
1,030
231,815
156,147
33,152
-189,299
4,553
5,838
23,118
26,617
Other income - net
Gain on sale of marketable securities
817
--
325
--
2,780
5,150
1,098
--
Earnings before income tax provision
5,370
6,163
31,048
27,715
673
2,898
5,845
7,482
Net earnings
$ 4,697
$ 3,265
$ 25,203
$ 20,233
Net earnings per common share -- Basic
Class A
Class B
$
$
0.38
0.40
$
$
0.26
0.28
$
$
2.03
2.16
$
$
1.67
1.79
Net earnings per common share -- Diluted
Class A
Class B
$
$
0.38
0.40
$
$
0.26
0.28
$
$
2.03
2.15
$
$
1.67
1.77
Net Sales
Cost of expenses:
Cost of sales
Selling, general and administrative expenses
Casualty loss
Income from operations
Income tax provision
Weighted average Class A common shares outstanding
Basic
Diluted
2,703
2,703
2,703
2,703
2,703
2,703
2,703
2,703
Weighted average Class B common shares outstanding
Basic
Diluted
9,160
9,172
8,995
9,054
9,105
9,150
8,807
8,891
CONDENSED CONSOLIDATED BALANCE SHEET DATA
( 000s omitted)
ASSETS
December 31,
2006
2005
(unaudited)
(audited)
$ 186,296
$ 165,232
Property, plant
& equipment, net
44,289
42,379
Goodwill
28,117
22,428
9,795
12,017
$ 268,497
$ 242,056
Current Assets
Intangibles & other assets
Total Assets
LIABILITIES & EQUITY
December 31,
2006
2005
(unaudited)
(audited)
$ 41,619
$ 37,029
4,728
3,451
222,150
201,576
Total Liabilities & Equity $ 268,497
$ 242,056
Current liabilities
Non-current liabilities
Stockholders' equity
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