International Aluminum Corporation Announces Results for the Fourth Quarter and Declares Dividend
18 August 2005 - 4:30PM
PR Newswire (US)
MONTEREY PARK, Calif., Aug. 18 /PRNewswire-FirstCall/ --
International Aluminum Corporation (NYSE:IAL) today announced
results for the quarter and fiscal year ended June 30, 2005 as
follows: Quarter Ended June 30 2005 2004 Net sales $67,014,000
$59,316,000 Net income $4,386,000 $2,574,000 Basic and diluted EPS
$1.03 $.61 Fiscal Year Ended June 30 2005 2004 Net sales
$251,588,000 $213,034,000 Income from continuing operations
$12,942,000 $6,529,000 Income from discontinued operations --
129,000 Net income $12,942,000 $6,658,000 Basic and diluted EPS:
Continuing operations $3.04 $1.54 Discontinued operations -- .03
Total $3.04 $1.57 During the quarter and fiscal year ended June 30,
2005, the Company incurred $260,000 and $780,000, respectively, of
pretax expenses related to complying with the internal control
requirements of the Sarbanes-Oxley legislation. The Company also
reported that its Board of Directors has declared a regular
quarterly cash dividend of $.30 per share payable October 10, 2005
to shareholders of record as of September 20, 2005. DATASOURCE:
International Aluminum Corporation CONTACT: Ronald L. Rudy,
President, or Mitchell K. Fogelman, Senior Vice President-Finance,
both of International Aluminum Corporation, +1-323-264-1670
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