| Business Summary | | LSB
Industries,
Inc.
is
a
diversified
holding
company
that
is
engaged,
through
its
subsidiaries,
in
the
manufacture
and
sale
of
chemical
products
for
the
explosives,
agricultural
and
industrial
acids
markets
(the
Chemical
Business),
the
manufacture
and
sale
of
a
broad
range
of
hydronic
fan
coils
and
water
source
heat
pumps,
as
well
as
other
products
used
in
commercial
and
residential
air
conditioning
systems
(the
Climate
Control
Business),
and
the
purchase
and
sale
of
machine
tools
(the
Industrial
Products
Business).
The
Company
is
focusing
on
its
core
businesses
relating
to
its
Chemical
and
Climate
Control
Businesses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LSB
is
a
diversified
holding
company
engaged
in
the
chemcial
business,
the
climate
control
business
and
the
industrial
products
business,
with
a
focus
on
chemicals
and
climate
control.
For
the
three
months
ended
3/31/01,
total
revenues
rose
23%
to
$87
million.
Net
loss
applicable
to
Common
before
extraordinary
item
totaled
$1.7
million,
up
from
$543
thousand.
Revenues
reflect
higher
sales
volumes
of
acid
products.
Net
loss
reflects
a
lower
gross
profit
due
to
higher
material
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
185,863;
after
tax
earnings
were
4,110. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jack Golsen, 72 Chairman,
Pres | $477K | Barry Golsen, 50 Vice
Chairman, Pres of the Climate Control Bus. | 227K | Tony Shelby, 59 Sr.
VP-Fin., CFO and Director | 190K | David Goss, 60 Sr.
VP of Operations | 190K | Jim Jones, 59 VP,
Treasurer and Corp. Controller | -- | Dollar amounts are as of 31-Dec-2000 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
|
|