| Business Summary | | Allen
Organ
Company
operates
in
four
industry
segments,
which
are
Musical
Instruments,
Data
Communications,
Electronic
Assemblies
and
Audio
Equipment.
The
Musical
Instruments
segment
consist
of
electronic
keyboard
musical
instruments,
primarily
digital
electronic
church
organs
and
accessories.
The
Data
Communications
segment
is
involved
in
the
design,
manufacture,
sale
and
distribution
of
data
communications
equipment.
Electronic
Assemblies
provides
subcontract
manufacture
of
electronic
assemblies
for
outside
customers.
The
Audio
Equipment
segment
designs,
manufactures
and
markets
high-quality
audio
speaker
cabinets
for
hi-fi
stereo
and
home
theater
applications
and
Public
Address
System
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Allen
Organ
Co.
and
its
subsidiaries
operate
in
four
industry
segments:
musical
instruments,
data
communications,
electronic
assemblies,
and
audio
equipment.
For
the
six
months
ended
6/30/01,
sales
fell
21%
to
$28.4
million.
Net
loss
totaled
$4.2
million,
vs.
an
income
of
$2.2
million.
Revenues
reflect
lower
sales
due
to
shipments
made
against
a
lower
order
backlog.
Loss
suffered
from
lower
gross
profit
margins,
a
$1.4
million
impairment
charge
and
$530
thousand
in
costs
to
close
the
Southampton
plant. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Steven Markowitz, 46 Pres,
CEO, Director | $169K | Leonard Helfrich, 70 VP,
Sec., Director | 116K | Dwight Beacham, 53 VP | -- | Barry Holben, 47 VP | -- | Nathan Eckhart, 36 Treasurer
and Assistant Sec. | -- | Dollar amounts are as of 31-Dec-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
|
|