 |
|
| Years ended December 31 |
1995 |
|
1994 |
|
 |
|
| Net sales |
$27,037 |
|
$22,245 |
|
| Earnings before income taxes |
2,782 |
|
2,437 |
|
| % to sales |
10.3 |
% |
11.0 |
% |
| Net earnings |
1,781 |
|
1,560 |
|
| % to sales |
6.6 |
% |
7.0 |
% |
Primary net earnings per common and
 common equivalent share (in
dollars) |
2.93 |
|
2.66 |
|
Fully diluted net earnings per common and
common equivalent share
(in dollars) |
2.93 |
|
2.65 |
|
| Research and development expenditures |
2,197 |
|
1,860 |
|
| Fixed asset expenditures |
4,225 |
|
3,322 |
|
| Working capital |
2,717 |
|
3,008 |
|
| Current ratio |
1.35 |
|
1.51 |
|
| Return on average invested capital 1 |
14.7 |
% |
17.5 |
% |
| % of net debt to net debt plus equity 2 |
19.8 |
% |
12.1 |
% |
| Book value per common share (in dollars) |
18.68 |
|
15.47 |
|
| Year-end employment (in thousands) |
142 |
|
132 |
|
|
|
| 1 Average invested capital
is
defined as stockholders' equity plus long and short-term debt less short-term
investments (includes short-term investments categorized as cash
equivalents) |
|
| 2Includes short-term
investments categorized
as cash equivalents. |
|
