| Business Summary | | Spartech
Corporation,
together
with
its
subsidiaries,
is
an
intermediary
processor
of
thermoplastics.
The
Company
converts
base
polymers,
or
resins,
from
commodity
suppliers
into
extruded
plastic
sheet
and
rollstock,
acrylic
products,
color
concentrates
and
blended
resin
compounds,
and
injection
molded
and
profile
extruded
products.
The
Company's
products
are
sold
to
over
7,600
original
equipment
manufacturers
and
other
customers
in
a
wide
range
of
end
markets.
Spartech
operates
50
production
facilities
in
North
America
and
one
in
Europe,
and
is
organized
into
three
business
segments,
based
on
the
products
manufactured:
custom
sheet
and
rollstock;
color
and
specialty
compounds;
and
molded
and
profile
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Spartech
Corp.
and
its
subsidiaries
converts
base
polymers,
or
resins,
from
commodity
suppliers
into
extruded
plastic
sheet
and
rollstock,
color
concentrates
and
blended
resin
compounds,
and
injection
molded
and
profile
extruded
products.
For
the
27
weeks
ended
5/5/01,
revenues
rose
6%
to
$480.5
million.
Net
income
fell
25%
to
$18.7
million.
Results
reflect
new
volume
from
the
acquisitions,
offset
by
higher
interest
expense
as
a
result
of
borrowings
for
the
acquisitions. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
222,820;
after
tax
earnings
were
4,659. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bradley Buechler, 52 Chairman,
Pres and CEO | $1.5M | $4.1M | Randy Martin, 38 Exec.
VP- Acrylic Products, CFO | 315K | 71K | George Abd, 37 Exec.
VP- Color and Specialty Compounds | 451K | -- | David Pocost, 39 Exec.
VP, Extruded Sheet and Profile Products | 304K | -- | Jeffrey Fisher, 52 VP,
Gen. Counsel, Sec. | 269K | -- | Dollar
amounts are as of 31-Oct-2000 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
|
|