| Business Summary | | Todd
Shipyards
Corporation
has
operated
a
shipyard
in
Seattle,
Washington
since
incorporation.
The
Company's
primary
business
is
shipbuilding,
conversion
and
repair
for
the
United
States
Government,
state
ferry
systems,
and
domestic
and
international
commercial
customers.
The
Company
operates
its
shipyard
through
its
wholly
owned
subsidiary,
Todd
Pacific
Shipyards
Corporation.
Todd
Pacific,
historically,
has
been
engaged
in
the
repair/overhaul,
conversion
and
construction
of
commercial
and
military
ships
and
vessels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Todd
Shipyards
is
engaged
in
the
construction,
overhaul,
conversion,
and
repair
of
commercial
military
ships
and
vessels.
For
the
three
months
ended
7/1/01,
revenues
fell
6%
to
$31.2
million.
Net
income
fell
22%
to
$1.8
million.
Revenues
reflect
a
decrease
in
commercial
and
government
repair
and
overhaul
activities
due
to
fluctuations
in
the
size
and
number
of
bidding
opportunities.
Earnings
also
reflect
costs
associated
with
repairs
from
the
Puget
Sound
earthquake. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Patrick Hodgson, 60 Chairman | $115K | -- | Stephen Welch, 44 Pres,
CEO, Director | 523K | $36K | Scott Wiscomb, 55 CFO
and Treasurer | 156K | 67K | Roland Webb, 49 COO
and Pres of Todd Pacific Shipyards Corp. | 202K | -- | Michael Marsh, 50 Sec.
and Gen. Counsel | 229K | 29K | Dollar
amounts are as of 2-Apr-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|