| Business Summary | | Virco
Manufacturing
Corporation
is
engaged
in
the
design,
production
and
distribution
of
furniture
for
the
contract
and
education
markets
worldwide.
Facilities
served
by
the
Company
include
public
and
private
schools,
colleges
and
universities,
convention
centers,
federal
and
state
institutions,
churches
and
other
businesses.
The
Company
also
makes
sales
to
wholesalers,
distributors,
retailers
and
catalog
retailers.
Virco
is
divided
into
two
groups,
Education
and
Commercial. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VIR
is
engaged
in
the
design,
production,
and
distribution
of
furniture
for
the
commercial
and
education
markets.
Products
include
desks,
computer
stations,
activity
tables,
folding
tables
and
chairs,
and
upholstered
stacking
chairs.
For
the
three
months
ended
4/30/01,
net
sales
fell
9%
to
$42.5
million.
Net
loss
before
acctg.
change
totalled
$3.8
million
vs.
an
income
of
$2.6
million.
Results
reflect
lower
commercial
sales
and
a
reduction
in
manufacturing
hours. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Virtue, 68 Pres,
Chairman and CEO | $416K | $51K | Douglas Virtue, 42 Corp.
Exec. VP | 204K | 102K | Robert Dose, 44 VP
- Fin., Sec. & Treasurer | 177K | -- | Glen Parish, 63 VP-
Gen. Mang. Conway Division, Director | 181K | -- | D. Smith, 52 VP
of Marketing | -- | -- | Dollar
amounts are as of 31-Jan-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
|
|