| Business Summary | | PTI
Holdings
Inc.
operates
in
the
bicycle
helmet,
bicycle
and
bicycle
accessories
industry
through
its
Protective
Technologies
International
Inc.
subsidiary,
and
in
the
personal
care
industry
through
its
Flents
Products
Co.,
Inc.
subsidiary.
The
Company
competes
in
the
mas
market
channel
by
offering
a
complete
line
of
sports
safety
helmets
in
toddler
through
adult
sizes.
It
also
supplies
bicycle
accessory
products
such
as
locks,
tubes
and
tires,
general
accessories,
protective
wear
and
children's
bicycles.
Products
sold
by
Flents
include
cosmetics
and
ear
and
eye
care
accessories.
PTI
Holdings
focuses
on
servicing
primarily
large
mass
merchant
customers,
as
well
as
independent
bicycle
dealers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PTIH
manufactures
and
markets
bicycle
helmets
and
bicycle
accessories
for
sale
principally
to
domestic
retailers.
For
the
nine
months
ended
9/30/00,
net
sales
rose
4%
to
$54.3
million.
Net
loss
totalled
$2.3
million
vs.
income
of
$764
thousand.
Revenues
reflect
additional
months
of
sales
from
the
acquisition
of
Karlen.
Net
loss
reflects
a
$392
thousand
restructuring
charge,
increased
S/G/A
spending
and
financing
costs
associated
with
the
acquisition
of
Karlen. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Merideth Birrittella, 33 Chairman
and CEO | $390K | Warren Schaeffer, 42 Pres,
Sec., Director | 384K | Anthony Costanzo, 30 CFO | 184K | Timothy Drumhiller, 36 Pres
of Flents Products Co., Inc. | 116K | 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
|
|