ETCC Financials 07/15/2014 19:50:45 Environmental

ETCC Financials 07/15/2014 19:50:45
Environmental Tectonics Corp.
Period Ending Feb 28, 2014 Feb 22, 2013 Feb 24, 2012 Feb 25, 2011
Total Revenue 48,274 62,773 66,294 55,451
Cost of Revenue 33,715 37,904 42,763 33,661
Gross Profit 14,559 24,869 23,531 21,790
Operating Expenses
Research and Development 1,730 1,169 1,400 1,662
Sales, General and Admin. 10,368 13,756 13,994 11,838
Non-Recurring Items - - - -
Other - - - -
Operating Income 2,461 9,944 8,137 8,290
Income From Continuing Operations
Add'l Income/Expense Items (381) (118) 85 (589)
Earnings Before Interest and Tax 2,080 9,826 8,222 7,701
Interest Expense 808 1,005 734 824
Earnings Before Tax 1,272 8,821 7,488 6,877
Income Tax 670 3,859 2,620 (7,665)
Minority Interest 3 14 (5) 8
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 599 4,948 4,873 14,534
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 599 4,948 4,873 14,534
Preferred Stock and Other Adjustments (493) (1,511) (2,208) (2,278)
Net Income Applicable to Common Shareholders 106 3,437 2,665 12,256