| Business Summary | | Nu
Horizons
Electronics
Corp.
is
engaged
in
the
distribution
of
high
technology
active
and
passive
electronic
components.
The
Company
includes
its
wholly
owned
subsidiaries,
NIC
Components
Corp.,
Titan
Logistics
Corp.,
Nu
Horizons
Eurotech
Ltd.,
Nu
Horizons
Asia
PTE.
LTD.,
and
its
majority
owned
subsidiaries,
NIC
Components
Asia
PTE.
LTD.
and
NIC
Eurotech
Ltd.
Nu
Horizons
International
Corp.,
another
wholly
owned
subsidiary,
is
an
export
distributor
of
electronic
components.
Nu
Visions
Manufacturing,
Inc.,
a
majority
owned
subsidiary
of
the
Company,
is
a
contract
assembler
of
circuit
boards
and
related
electromechanical
devices
for
various
original
equipment
manufacturers.
In
August
2001,
Nu
Visions
Manufacturing
was
sold. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NUHC
and
subsidiaries
is
engaged
in
the
distribution
of
high
technology
active
and
passive
electronic
components.
The
Company
also
assembles
circuit
boards
and
related
electromechanical
devices
for
various
OEMs.
For
the
three
months
ended
5/31/01,
revenues
decreased
31%
to
$101.7
million.
Net
income
decreased
87%
to
$984
thousand.
Revenues
reflect
a
decrease
in
demand
in
the
semiconductor
industry.
Earnings
also
reflect
increased
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Irving Lubman, 62 Chairman,
COO | $1.9M | $4.0M | Arthur Nadata, 55 Pres,
CEO, Director | 2.5M | 3.3M | Paul Durando, 57 VP-Fin.,
Treasurer, Director | 369K | 1.5M | Richard Schuster, 52 VP,
Sec., Director | 2.5M | 3.3M | Dollar
amounts are as of 28-Feb-2001 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
|
|