| Business Summary | | Craftmade
International,
Inc.
is
principally
engaged
in
the
design,
distribution
and
marketing
of
ceiling
fans,
light
kits,
outdoor
lighting,
bathstrip
lighting
and
related
accessories
to
a
nationwide
network
of
over
1,600
lighting
showrooms
and
electrical
wholesalers
specializing
in
sales
to
the
remodeling,
new
home
construction
and
replacement
markets.
Craftmade's
ceiling
fan
product
line
consists
of
over
two
dozen
series
of
premium-priced
to
lower-priced
ceiling
fans
and
is
distributed
under
the
Craftmade
trade
name.
Craftmade
also
markets
nearly
80
light
kit
models
in
various
colors
for
attachment
and
use
with
its
ceiling
fans
or
other
ceiling
fans,
along
with
parts
and
accessories
for
its
ceiling
fans
and
light
kits.
In
addition,
nearly
two
dozen
styles
of
bathstrip
lighting
and
over
40
designs
of
outdoor
lighting
are
marketed
under
its
Accolade
trade
name. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CRFT
designs,
distributes
and
markets
ceiling
fans,
light
kits
and
related
products
and
accessories
and
has
contracted
with
Taiwan
to
produce
the
Company's
own
fans.
For
the
fiscal
year
ended
6/30/01,
revenues
increased
9%
to
$93.5
million.
Net
income
increased
10%
to
$4.7
million.
Revenues
benefitted
from
the
roll
out
of
the
Design
Trends
program.
Net
income
also
reflects
an
increased
gross
profit
margin
due
to
a
shift
in
the
sales
mix. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
30,120;
after
tax
earnings
were
1,782. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Ridings, 50 Chairman,
CEO and Pres | $294K | John DeBlois, 47 Director
and Exec. VP of TSI | 243K | Neall Humphrey, 52 Director
and Pres of TSI | 243K | Kathleen Oher, 40 VP,
CFO, Sec. | 115K | Clifford Crimmings, 50 VP
of Marketing | 174K | Dollar amounts are as of 30-June-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
|
|