Contents || Corporate Listings
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The changes in financial position from 1996 to 1997 were due to the Company's investments in affiliated companies, primarily Rawlings. The changes in financial position from 1995 to 1996 were due to the purchase of $15,000 in Gray preferred stock, as well as the result of an $8,179 increase in the Company's investment in affiliated companies resulting from Gray's public offering of its class B common stock. The changes in financial position from 1994 to 1995 were due to the Company's investments in CSP, HCI and USA. The changes in financial position from 1993 to 1994, and the changes in operating results from 1993 to 1994 to 1995, were due to the investment in a 43.6% interest in Datasouth in 1993 and merger with Datasouth in 1994. No dividends were declared or paid during the periods presented. The earnings per share amounts prior to 1997 have been restated as required to comply with Statement of Financial Accounting Standards No. 128, "Earnings Per Share". For further discussion of earnings per share and the impact of Statement No. 128, see the Notes to Consolidated Financial Statements.
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