| Business Summary | | Lowrance
Electronics,
Inc.
is
engaged
in
the
design,
manufacture
and
sales
of
sportfishing
SONAR
(also
known
as
fish
finders
or
depth
finders)
and
Global
Positioning
Systems
(GPS/Mapping).
The
Company
sells
sportfishing
SONAR
through
dual-brand
marketing
of
its
Lowrance
and
Eagle
trade
names.
In
support
of
those
two
brands,
the
Company
also
markets
a
complete
line
of
related
accessories,
including
transducers,
temp/speed/distance
sensors,
mounting
systems,
GPS
receivers/antennas,
detailed
CD-ROM
mapping
software,
SONAR/GPS
computer
interfaces
and
a
variety
of
cables/connectors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lowrance
Electronics,
Inc.
designs,
manufactures
and
markets
SONARS
and
accessories
for
use
in
recreational
and
commercial
boating.
For
the
nine
months
ended
4/30/01,
net
sales
decreased
2%
to
$55.1
million.
Net
income
fell
49%
to
$466
thousand.
Revenues
reflect
a
decrease
in
sales
of
SONAR
and
SONAR/GPS
navigation
units.
Net
income
also
reflects
an
increase
in
selling
and
administrative
expenses
due
to
an
increase
in
advertising
expenditures
related
to
new
products. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Darrell Lowrance, 61 Pres
and CEO | $662K | Ronald Weber, 55 Exec.
VP of Technology and Engineering | 331K | Steven Schneider, 40 VP
of Sales and Marketing | 220K | Robert Biolchini, 60 Sec. | -- | Dollar
amounts are as of 31-July-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|