| | Business Summary | | K2,
Inc.
is
a
branded
consumer
products
company
with
a
primary
focus
on
sporting
goods
and
other
recreational
products
as
well
as
certain
niche
industrial
products.
The
Company
offers
a
diverse
portfolio
of
products
used
primarily
in
individual
sports
activities.
K2's
sporting
goods
include
several
name
brand
lines
such
as
K2
and
Olin
alpine
skis,
K2,
Ride
and
Morrow
snowboards,
boots
and
bindings,
K2
in-line
skates,
K2
Kickboard
scooters,
K2
bikes,
Shakespeare
fishing
rods
and
reels,
Stearns
personal
flotation
devices,
rainwear,
and
wet
suits
and
K2
backpacks.
K2's
other
recreational
products
include
Hilton
corporate
casual
apparel,
Planet
Earth
skateboards
and
apparel
and
Adio
shoes.
K2's
industrial
products
consist
primarily
of
Shakespeare
monofilament
line
used
in
weed
trimmers,
in
paper
mills
and
as
fishing
line,
and
Shakespeare
fiberglass
and
composite
marine
antennas,
and
composite
utility
and
decorative
light
poles. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | K2
is
a
branded
consumer
products
company
with
a
portfolio
of
diversified
sporting
goods
products,
other
recreational
products
and
selected
industrial
products.
For
the
six
months
ended
6/30/01,
net
sales
fell
8%
to
$318.1
million.
Net
income
from
continuing
operations
decreased
44%
to
$5.5
million.
Revenues
reflect
the
declines
in
in-line
skate
and
worldwide
fishing
tackle
sales.
Earnings
also
reflect
the
margin
impact
of
weak
European
currencies
on
products
pruchased
in
U.S.D. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Heckmann, 57
Chairman | -- | Richard Rodstein, 46
Pres,
CEO | $698K | J. Wayne Merck, 41
Exec.
VP, Operations | 315K | John Rangel, 47
Sr.
VP-Fin. | 370K | David Cook, 63
VP
and Pres - Stearns | 268K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/k/kto.gif)