MONTEREY PARK, Calif., May 12 /PRNewswire-FirstCall/ -- International
Aluminum Corporation (NYSE: IAL) today announced results for the quarter and
nine months ended March 31, 2005 as follows:
Quarter Ended March 31
2005 2004
Net sales $62,088,000 $50,064,000
Net income $2,731,000 $855,000
Basic and diluted EPS $ .64 $ .20
Nine Months Ended March 31
2005 2004
Net sales $184,574,000 $153,718,000
Income from continuing operations $8,556,000 $3,955,000
Income from discontinued operations -- 129,000
Net income $8,556,000 $4,084,000
Basic and diluted EPS:
Continuing operations $2.01 $ .93
Discontinued operations -- .03
Total $2.01 $ .96
During the quarter and nine months ended March 31, 2005, the Company
incurred $310,000 and $520,000, respectively, of pretax expenses related to
complying with the internal control requirements of the Sarbanes-Oxley
legislation.
The Company also reported that its Board of Directors has declared a
regular quarterly cash dividend of $.30 per share payable July 11, 2005 to
shareholders of record as of June 20, 2005.
SOURCE International Aluminum Corporation
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CONTACT:
David C. Treinen, President, or Mitchell K.
Fogelman, Senior Vice President-Finance, both of International
Aluminum Corporation, +1-323-264-1670
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