| Business Summary | | Vari-Lite
International
Inc.
is
an
international
designer,
manufacturer
and
distributor
of
automated
lighting
systems.
The
Company
provides
automated
lighting
and
other
related
equipment
and
production
services
primarily
to
the
entertainment
industry,
serving
markets
such
as
concert
touring,
theater,
television
and
film
and
corporate
events.
The
Company
sells
and
rents
its
VARI*LITE
automated
lighting
systems
through
its
own
domestic
and
international
offices,
rental
associates
and
worldwide
independent
dealers.
The
Company
is
also
involved
in
providing
complementary
products
and
services
to
the
entertainment
industry,
including
conventional
lighting
equipment,
and
design
and
production
management
services
for
conventions,
business
meetings
and
special
events. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LITE
is
a
designer
and
manufacturer
of
automated
lighting
systems,
products
and
related
services
to
the
entertainment
industry.
For
the
six
months
ended
3/31/01,
revenues
fell
20%
to
$38.7
million.
Net
income
totaled
$4.2
million,
up
from
$31
thousand.
Revenues
reflect
decreased
rental
revenues
due
to
the
sale
of
the
Company's
European
rental
operations.
Net
income
reflects
the
inclusion
of
a
$7.1
million
gain
on
the
sale
of
the
concert
sound
reinforcement
business. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
15,584;
after
tax
earnings
were
-1,301. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| H. Brutsche III, 56 Chairman
and CEO | $652K | T. Clay Powers, 41 Pres
and COO | 257K | Jerome Trojan III, 35 CFO,
VP-Fin., Treasurer, Sec. | 146K | Fuminori Kobayashi, 58 Pres
and Representative Director of Vari-Lite Asia, Inc. | 164K | Tracy Key, 39 VP
and Controller | -- | Dollar amounts are as of 30-Sep-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
|
|