sarasotafl.
craftwork aubergine
These sales declines were partially offset
by improved
Christmas and Everyday boxed greeting card sales. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
(In thousands
)
December 31, March 31, December 31,
2004 2004 2003
--------
-------- --------
ASSETS
------
CURRENT ASSETS
Cash and cash
equivalents $ 18,845 $ 93,191 $ 12,158
Accounts receivable, net 214,715
40,460 215,377
Inventories 81,652 94,459 76,187
Deferred
income taxes 7,491 7,937 7,179
Other current assets 13,719
12,987 11,934
-------- -------- --------
Total current assets 336,422 249,034 322,835
-------- -------- --------
PROPERTY, PLANT AND EQUIPMENT, NET 77,681 81,193
82,959
-------- -------- --------
OTHER ASSETS
Intangible assets, net 35,506 35,619 36,995
Other
4,852 4,551 4,473
-------- ------
-- --------
Total other assets 40,358 40,170 41,468
-------- -------- --------
Total assets
$454,461 $370,397 $447,262
======== ======== ========
LIABILITIES AND STOCKHOLDERS'
EQUITY
-----------------------------
CURRENT
LIABILITIES
Notes payable $ 19,000 $ - $ 28,980
Current portion
of long-term
debt 10,000 - -
Other current
liabilities 95,609 61,221 95,653
--------
-------- --------
Total current liabilities 124,609 61,221 124,633
-------- -------- --------
LONG-TERM DEBT, NET OF CURRENT
PORTION 40,000 50,251 50,000
-------- -------- --------
LONG-TERM OBLIGATIONS 3,602
3,631 3,564
-------- -------- --------
DEFERRED
INCOME TAXES 6,451 6,142 9,098
-
------- -------- --------
STOCKHOLDERS' EQUITY 279,799 249,152 259
,967
-------- -------- --------
Total liabilities
and
stockholders' equity $454,461 $370,397 $447,262
======== ======== ========
com), a service of technology
provider Kintera
Inc.vaduz biennale
05
========= ========= ========= =========
WEIGHTED AVERAGE
SHARES
OUTSTANDING
Basic 11,952 11,841 11,929 11,730
========= ========= ========= =========
Diluted
12,523 12,592 12,607 12,335
========= ========= =========
=========
CASH DIVIDENDS PER SHARE OF
COMMON STOCK $. While children
let their imagination run wild with dreams of
sequins, stilts and stars, parents peruse an eclectic
array of boutique style
shops. Once the
Charitygift card is received as a present, the recipient
is able to
select online a charity to receive the donation from a list of nearly
700,000 IRS-registered
nonprofit organizations.S.vicious cec
(NYSE:CSS) announced today the results of operations for the third
quarter
and nine months ended December 31, 2004.95 $3.227
========= =========
========= =========
----------------------------------------------------------------------
COMPREHENSIVE
INCOME
Net income $ 23,971 $ 27,397 $ 35,177 $ 37,574
Change in fair
value of
interest rate swap
agreements, net - 149 -
269
Foreign currency translation
adjustment (8) -
(3) 17
--------- --------- --------- ---------
Comprehensive
income $ 23,963 $ 27,546 $ 35,174 $ 37,860
========= =========
========= =========
CSS INDUSTRIES, INC."
The Ringling Museum complex
, famous for its remarkable collections,
intimate setting and the Ca d'Zan -- John Ringling's Venetian
mansion he
bequeathed to the state -- also includes the Circus Museum.charitygift. Given these
uncertainties
, you should not place undue reliance on these
forward-looking statements.tattooing linguists
These negative
factors
were partially offset by decreased selling, general and
administrative expenses, primarily related
to compensation, and
reduced interest expense.
In September 2004, the U.01 $2. The museum
conjures nostalgia with authentic and replica circus posters, caravans and
costumes, at the same
time inspiring awe amongst its younger patrons with
child-sized entrances to the big top and larger
than life exhibits. (NASDAQ:KNTA). Select the charitable donation amount. These forward-looking statements
represent our
estimates and assumptions only as of the date hereof.cassis residencies
Net income decreased 6% to $35
,177,000, or $2.91 $2. Order a Valentine's Day or other occasion card for a loved one
or friend
.
Kintera acquired Austin-based Charitygift earlier this year.
Kintera also acquired Charitygift
's patented technology enabling the
online gift card service.
Software provider Kintera(R)
Inc.scriptwriting krasner
The decline in net
income was primarily the result of lower sales and lower margins
caused
by our establishment of a pre-tax reserve of $3,100,000 for
duties that may be imposed on imported
tissue products (discussed
below), higher freight costs and higher material costs.S.10 $.
Business Editors
SAN DIEGO----
An Online Service of Kintera, Charitygift Encourages
Giving "from
the Heart to the Heart," Allowing Kintera Gift Card Recipients to
Support the Charity
of Their Choice
Coming up with an original Valentine's Day present just got easier
with Charitygift
(www. The gift card is then sent via email or shipped in a gold
envelope via First Class U. mail
.
Charitygift fulfills gift card orders, provides tax receipts and
distributes charitable
donations as directed by Charitygift
recipients.intention vaduz
CSS Industries Inc. Reports Sales and Earnings for
the Quarter and Nine Months Ended December 31 2004
As a result of this
determination, the Company
and other importers are required to post
bond or a cash deposit upon importation of these products
at rates
reflecting the Commerce Department's estimate of the duties that may
be imposed on these
products. In November 2004 and January 2005, the
Commerce Department denied requests to reduce these
deposit rates
pending the issuance of its final determination. The Company is vigorously contesting
the imposition of these duties, however given the preliminary
determinations of the Commerce Department
and the International Trade
Commission, the Company has established a reserve for its estimated
maximum
exposure of $. Actual events or results may
differ materially from those discussed in forward-looking
statements
as a result of various factors, including without limitation, general
market conditions
, increased competition, and other factors described
in the Company's Annual Report on Form 10-K for
the fiscal year ended
March 31, 2004. AND SUBSIDIARIES
CONSOLIDATED RESULTS
OF OPERATIONS
(Unaudited)
(In thousands, except
per share
amounts)
Three Months Ended Nine Months Ended
December 31, December 31,
----------
--------- -------------------
2004 2003 2004 2003
--------- --------- --------- ---------
SALES
$247,169 $247,394 $478,435 $484,846
--------- ----
----- --------- ---------
COSTS AND EXPENSES
Cost of sales 184,656 176
,443 353,270 350,718
Selling, general and
administrative expenses 24,221 27
,048 68,984 73,036
Interest expense, net 906 1,185 2,032 2,874
Other expense (income) 49 192 (643) (310)
--------- --------- --------- ---------
209,832 204,868
423,643 426,318
--------- --------- --------- ---------
INCOME
BEFORE INCOME TAXES 37,337 42,526 54,792 58,528
INCOME TAX EXPENSE
13,366 15,129 19,615 20,954
--------- --------- -----
---- ---------
NET INCOME $ 23,971 $ 27,397 $ 35,177 $ 37,574
========= ========= ========= =========
NET INCOME PER COMMON SHARE
Basic $2.31 $2.08 $., From acrobats to Lipizaans and
colorful
clowns to the center stage, Sarasota and Her Islands -- located on
Southwest Florida's Gulf Coast
-- is steeped in the colorful character that is
"The Greatest Show on Earth." The vivid excitement
that has inspired
generations comes alive along the satin soft sands of Sarasota and encourages
a
new generation of travelers to experience the magic of the big top, master
the flying trapeze and
visit the Venetian "castle" that marks the legacy of
Ringling. He envisioned a cultural mecca and
the ideal winter
headquarters for the Ringling Brothers Circus. To
gain a sense of Sarasota's
circus heritage, visitors dine at local
restaurants, including Bob's Place, where memorabilia decks
the walls, paying
tribute to the performers of old. Set to open in 2006,
the center will boast
a plethora of children's exhibits and, for the first
time ever in its entirety, the miniature Howard
Bros.
For more information, visit Kintera at www.Information on international associations, collectives
or groups whose primary purpose is to advocate, support, disseminate information on, or in some way
further the Arts.
understands krasner
The
Company's exposure is estimated to be in the range of approximately
$.
For more information on discovering the spirit of the circus along
Sarasota and Her Islands
, call the Sarasota Convention and Visitors Bureau at
800-522-9799 or visit http://www.initiates cassis
Commerce Department
issued its
preliminary determination in the anti-dumping duty investigation on
certain tissue
paper products imported from China.
CSS is a consumer products company primarily engaged in the
manufacture
and sale to mass market retailers of seasonal, social
expression products, including gift wrap, gift
bags, boxed greeting
cards, gift tags, tissue paper, paper and vinyl decorations, classroom
exchange
Valentines, decorative ribbons and bows, Halloween masks,
costumes, make-ups and novelties, educational
products and Easter egg
dyes and novelties. Charitygift streamlines the
process for giving a unique
gift that not only celebrates a special
occasion, but also supports worthy organizations with a donation
to
charity.
3.
About Kintera Inc.kintera. in the U.
cassis intention
Events centered on the
circus are common throughout Sarasota and Her
Islands, from Circus Spectacular at the John and Mable
Ringling Museum of Art
to the area's very own Circus Sarasota -- a European-style one-ring circus
with performers from around the globe. Families watch even the local kids get
involved in Pal
's Sailor Circus, dubbed the "Smallest, Greatest Show on
Earth.kintera.org
2.. Kintera services
more
than 10,000 accounts and 2,200 contracts in the nonprofit, government
and corporate sectors
.camargo creativity
16 per share) and the third quarter year to date
results, we now expect EPS growth for the fiscal
year of between 0%
and 5%," said David Erskine, President and CEO.
Forward-looking statements
are based on the beliefs of the Company's
management as well as assumptions made by and information
currently
available to the Company's management.30 $. The newest
addition to the complex is
the Tibbals Learning Center..romualdo creativity
For the nine months ended
December 31, 2004, sales decreased by 1%
to $478,435,000 from
$484,846,000 in 2003.
The decrease in sales for the nine months ended December
31, 2004
was primarily the result of lower ribbon and bow sales, the absence of
sales related
to a product line which was sold in July 2003 and the
later timing of Valentine shipments which pushed
sales into the fourth
quarter. International Trade Commission, which are expected to be
issued
in February 2005 and March 2005, respectively, and any reviews
that may be undertaken by the Commerce
Department thereafter. These steps include the identification of new tissue sources
that are not
subject to duty, as well as the negotiation of new
freight arrangements," he continued.18 $2
. SARASOTA, Fla. With Charitygift, the giver is
passionate about honoring a special person or occasion
, while the
recipient feels the emotional reward of supporting their favorite
cause.S.krasner intention
For the
quarter ended
December 31, 2004, sales of $247,169,000 were flat compared to sales
of $247,394
,000 in 2003.79
per diluted share, compared to a prior year net income of $37,574,000,
or $3.
4.aubergine icaf
05 per diluted share.
"Reflecting the estimated maximum exposure to tissue duties
(approximately
$.
roundtables scriptwriting
Business Editors
PHILADELPHIA----CSS Industries, Inc. Financial terms were
not disclosed.
collectives initiates
S. In 1927, the circus made its
home in Sarasota, bringing laughter to
her shores and providing a fanciful
escape -- even through the Great Depression.Valentine's Day Giving
is Easier via Charitygift Card
Forward-Looking Statements
In addition to historical
information, this press release contains
forward-looking statements (including, without limitation
, express or
implied statements regarding the adoption of online services to give
charitable donations
to nonprofit organizations) that involve risks
and uncertainties.cassis vaduz
Families Delight in Sarasota's Unique
Circus Heritage
"Charitygift offers the opportunity to give a Valentine's Day gift
with true
meaning," said Randi Shade, founder of the online service
that benefits charities. These
statements
involve known and unknown risks, uncertainties and other
factors which may cause our actual results
, performance or
achievements to be materially different from any future results,
performances
or achievements expressed or implied by the
forward-looking statements.roundtables vsa
16 per diluted share. Just
blocks from Sarasota's artist colony, Towles Court,
circus-lovers stroll by the houses that John
Ringling custom made for the
"little people" that performed in his circus. For a different kind of
homage, circus
seekers follow the footsteps of both modern and historical greats -- with ice
cream
in hand -- along the European-style St.00 or more,
allow the recipient to support the charity of
their choice. If a desired charity,
church or school is not included in the database, the recipient
can
request that Charitygift add the group upon proof of 501(c)(3) IRS
status.roundtables romualdo
The actual amount
of
the duties, if imposed, may be higher or lower than the deposit rates,
depending on the final
determinations of the Commerce Department and
the U.
All statements other than statements of historical
fact included
in this press release are "forward-looking statements" within the
meaning of the
Private Securities Litigation Reform Act of 1995.20
========= =========
========= =========
Diluted $1.dactyl residencies
18 per diluted share.03 to $.
CSS' consolidated
results of operations for the quarters ended
December 31, 2004 and 2003 and consolidated condensed
balance sheets
as of December 31, 2004, March 31, 2004 and December 31, 2003 follow:
CSS INDUSTRIES, INC.
The foundation of Sarasota's unique heritage began with circus
magnate
John Ringling. once delivered, the recipient
can use the card to make an online donation
to their favorite charity,
church or school.intention initiates
"
Creative and convenient, here's how Charitygift
works:
1. These statements
reflect our current views with respect to future events and are
based
on assumptions and subject to risks and uncertainties.icaf intention
Net income decreased 13% to $23,971
,000, or
$1.79 $3.
Getting into the act is easy in Venice, where families stop by The Flying
Trapeze Academy + The Flying Fantasy Circus for a lesson on the trapeze. "It feels so good to let
someone else
experience the gift of charity. Visit the Charitygift Card Shop at www.romualdo craftwork
91 per diluted
share, compared to prior year net income of
$27,397,000, or $2. The Company's highly seasonal orientation
results in operating losses in the first and fourth quarters of the
fiscal year and operating
profits in the second and third quarters. A treasure-trove fit for year-round holiday shopping, collections
range from unique to outrageous -- from delicate Russian-pulled glass
butterflies at Leaping Lizards
to ceremonial tribal masks from the former
Zaire at the Ivory Coast. Circus, the most
accurate
representation of the American circus ever created.
The Charitygift online service offers consumers
customizable
Valentine's Day gift cards truly from the heart -- the cards, sent
either online
or through the mail in any amount of $10. (NASDAQ:KNTA) delivers The
Giving Experience(TM) by providing
giving convenience to donors and
feedback about the financial and social impact of their gifts,
creating
a sense of belonging and appreciation. The company's "software as a service"
innovations include
its Friends Asking Friends(R) solicitation program
and Kintera Sphere(TM), an enterprise-grade software
system that
provides contact relationship management (CRM), a web content
management system (CMS
), eMarketing and directed giving applications.com
Kintera, Kintera Sphere, Friends Asking Friends
and The Giving
Experience are either registered trademarks or trademarks of Kintera,
Inc. These
risks and uncertainties include,
without limitation: our limited operating history; our history of
losses; our dependence on increased acceptance by nonprofit
organizations of online fundraising;
lengthy sales cycles for major
customers; our need to manage growth; risks associated with accounting
for and processing large amounts of donations; the rapidly changing
technologies and market demands;
and other risks identified in our
filings with the Securities and Exchange Commission.roundtables cassis
16 per share
in the current quarter. "We are disappointed
in these results and have taken several steps to improve
them for next
year. Among his more eccentric
contributions, Ringling built the first bridge from
Lido Key to the mainland
using his elephants. Armands Circle and the Circus
Ring of Fame.org
.
Charitygift charges a single fee for these services in much the
same way a concert ticket seller
charges a convenience fee or an ATM
assesses a transaction free. and/or other countries.intention collectives
Working overtime to stay the Web's best reference!
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)