Houston Wire & Cable Company (HWCC) 2016年年度报告「NASDAQ」.pdf

1、ELECTRICAL AND MECHANICAL WIRE&CABLE AND FASTENERS FOR INDUSTRY AND INFRASTRUCTUREHOUSTON WIRE&CABLE COMPANY 2016 ANNUAL REPORTFINANCIAL HIGHLIGHTS(Dollars in thousands except per share data)2016*2015*2014 2013*2012Net Sales$261,644$308,133$390,011$383,292$393,036Sales Per Employee 733 856 1,017 908

2、 954Operating Income(loss)(3,290)9,435 25,423 24,667 28,926Operating Margin(1.26)%3.06%6.52%6.44%7.36%Net Income(loss)(3,308)5,171 14,972 14,594 17,039Diluted Earnings(loss)Per Share(0.21)0.30 0.85 0.82 0.96Total Assets 175,870 159,113 189,813 196,175 197,155Long-term Obligations 60,904 39,463 54,12

3、1 48,478 60,361Stockholders Equity 90,131 100,001 111,307 110,694 109,080 *Non-GAAP excludes the impact of the impairment charge of$2,384 and acquisition expenses related to Vertex of$861.See notes 2,4 and 12 to the consolidated financial statements.2016 results as reported were an operating loss of

4、$(6,535),net loss of$(6,006)and diluted loss per share of$(0.37).*Non-GAAP excludes the impact of the impairment charge of$3,417.See notes 3 and 11 to the consolidated financial statements.2015 results as reported were operating income of$6,018,net income of$2,044 and diluted earnings per share of$0

5、.12.*Non-GAAP excludes the impact of the impairment charge of$7,562.See notes 3 and 11 to the consolidated financial statements.2013 results as reported were operating income of$17,105,net income of$7,902 and diluted earnings per share of$0.44.James L.Pokluda IIIPresident,CEO and DirectorDear Shareh

6、oldersIn 2016,underperforming industrial end markets significantly reduced demand for Houston Wire&CableCompanys(HWCC)products and services.Although we did begin to experience signs of stabilization in certain industrial segments and geographic regions,overall industrial activity remained severely d