OVERHILL FARMS, INC. CONDENSED SUMMARY OF OPERATIONS For the Fiscal Year Ended ---------------------------- September 30, October 2, 2012 2011 ------------- -------------Net revenues 194,389,370 $ 169,218,474Cost of sales 177,342,289 156,264,764 ------------- -------------Gross profit 17,047,081 12,953,710Selling, general and administrative expenses 11,894,203 10,352,586 ------------- -------------Operating income 5,152,878 2,601,124Total interest expense (312,176) (334,570) ------------- -------------Income before income taxes 4,840,702 2,266,554Income tax provision 1,725,737 825,046 ------------- -------------Net income $ 3,114,965 $ 1,441,508 ============= =============Net income per share - basic $ 0.20 $ 0.09 ============= =============Net income per share - diluted $ 0.19 $ 0.09 ============= =============Shares used in computing net income per share:Weighted average shares outstanding - basic 15,831,596 15,823,271Weighted average shares outstanding - diluted 15,994,853 16,051,058 OVERHILL FARMS, INC. CONDENSED SUMMARY OF OPERATIONS For the Three Months Ended ---------------------------- September 30, October 2, 2012 2011 ------------- -------------Net revenues $ 46,312,998 $ 44,250,708Cost of sales 42,768,499 42,772,064 ------------- -------------Gross profit 3,544,499 1,478,644Selling, general and administrative expenses 3,069,443 3,518,519 ------------- -------------Operating income (loss) 475,056 (2,039,875)Total interest expense (56,617) (83,694) ------------- -------------Income (loss) before income taxes 418,439 (2,123,569)Income tax provision (benefit) 95,992 (766,117) ------------- -------------Net income (loss) $ 322,447 $ (1,357,452) ============= =============Net income (loss) per share - basic $ 0.02 $ (0.09) ============= =============Net income (loss) per share - diluted $ 0.02 $ (0.09) ============= =============Shares used in computing net income (loss) per share:Weighted average shares outstanding - basic 15,841,493 15,823,271Weighted average shares outstanding - diluted 15,917,927 15,823,271
Contacts:
James Rudis
Chairman, President and CEO
Overhill Farms, Inc.
323-582-9977
Alexander Auerbach
Auerbach & Co. Public Relations
1-800-871-2583
Email Contact



