| Business Summary | | AMF
Bowling
Inc.
owns
bowling
centers
in
the
United
States
and
worldwide,
and
amnufactures
bowling
center
equipment.
AMF
is
principally
engaged
in
two
business
segments:
the
ownership
or
operation
of
bowling
centers,
consisting
of
408
United
States
bowling
centers
and
117
international
bowling
centers,
as
of
December
31,
2000;
and
the
manufacture
and
sale
of
bowling
equipment
such
as
automatic
pinspotters,
automatic
scoring
equipment,
bowling
pins,
lanes,
ball
returns,
certain
spare
parts,
and
the
resale
of
allied
products
such
as
bowling
balls,
bags,
shoes
and
certain
other
spare
parts.
The
principal
markets
for
bowling
equipment
are
bowling
center
operators.
AMF
also
manufactures
and
sells
the
PlayMaster,
Highland
and
Renaissance
brands
of
billiards
tables,
and
owns
the
Michael
Jordan
Golf
Company,
which
operates
two
golf
practice
ranges.
In
July
2001,
AMF
Bowling,
Inc.
and
its
United
States
subsidiaries
filed
for
reorganization
under
Chapter
11
of
the
United
States
Bankruptcy
Code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AMBW
and
its
subsidiaries
are
principally
engaged
in
two
business
segments:
the
ownership
or
operation
of
bowling
centers
and
the
manufacture
and
sale
of
bowling
equipment.
For
the
three
months
ended
3/31/01,
revenues
fell
2%
to
$205.7
million.
Net
loss
rose
from
$10.6
million
to
$33
million.
Revenues
reflect
negative
trends
in
foreign
currency
exchange
rates
and
the
closing
of
16
centers.
Higher
losses
reflect
$4
million
in
refinancing
charges
and
an
increase
of
$9.1
million
in
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Friedman, 43 Chairman | -- | Roland Smith, 46 Pres,
CEO | $825K | Stephen Hare, 47 CFO,
Treasurer, Exec. VP, Director | 492K | John Watkins, 44 Exec.
VP; Pres, U.S. Bowling Centers | 415K | Timothy Scott, 41 Sr.
VP of Marketing | 332K | 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
|
|