International Textile Group, Inc.Greensboro, NC, United States (OTC: ITXN)

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International Textile Group Income Statement

All amounts in millions of except per share amounts.
View: Annual
Dec 07 Dec 06 Dec 05
Revenue 1,010.8 720.9 220.1
Cost of Goods Sold 915.7 660.7 196.7
Gross Profit 95.2 60.2 23.4
Gross Profit Margin 9.4% 8.3% 10.6%
SG&A Expense 100.2 82.6 9.9
Depreciation & Amortization 42.0 14.1 9.3
Operating Income (47.0) (36.6) 4.3
Operating Margin -- -- 2.0%
Nonoperating Income 9.6 11.3 (0.5)
Nonoperating Expenses 33.2 6.9 0.7
Income Before Taxes (70.7) (32.2) 3.1
Income Taxes 11.6 5.9 0.9
Net Income After Taxes (82.2) (38.1) 2.2

Continuing Operations (76.4) (36.1) 3.5
Discontinued Operations (3.7) (14.0) --
Total Operations (80.2) (50.1) 3.5
Total Net Income (80.2) (50.1) 3.5
Net Profit Margin -- -- 1.6%

Diluted EPS from Total Net Income ($) (6.31) (3.25) 0.65
Dividends per Share -- -- --
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