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Ogden Financial Data

Essay by   •  November 9, 2010  •  Research Paper  •  8,379 Words (34 Pages)  •  2,357 Views

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OGDEN CORPORATION AND SUBSIDIARIES

SELECTED FINANCIAL DATA

DECEMBER 31 1988 1987(*) 1986(*)

(In thousands of dollars,

except per-share amounts)

Net sales and service

revenues $1,087,785 $ 902,565 $ 819,629

INCOME (LOSS) FROM:

Continuing operations 57,780 47,802 35,109

Discontinued operations 80,920

Net income (loss) 57,780 47,802 116,029

EARNINGS (LOSS) PER COMMON

SHARE:

Continuing operations 1.44 1.19 .89

Discontinued operations 2.09

Total 1.44 1.19 2.98

EARNINGS (LOSS) PER COMMON

SHARE-ASSUMING FULL

DILUTION:

Continuing operations 1.41 1.17 .88

Discontinued operations 2.00

Total 1.41 1.17 2.88

Total assets 2,201,745 1,759,496 1,642,634

LONG-TERM OBLIGATIONS:

Operations other than

resource-recovery 251,855 183,740 110,315

Resource-recovery operation 1,163,565 795,195 772,754

SHAREHOLDERS' EQUITY 425,754 406,576 392,639

SHAREHOLDERS' EQUITY PER

COMMON SHARE 10.70 10.32 10.09

CASH DIVIDENDS DECLARED PER

COMMON SHARE 1.10 1.00 .90

(TABLE CONTINUED)

DECEMBER 31 1985(*) 1984(*)

(In thousands of dollars,

except per-share amounts)

Net sales and service revenues $ 743,963 $688,669

INCOME (LOSS) FROM:

Continuing operations 14,375 24,591

Discontinued operations (35,675) 15,150

Net income (loss) (21,300) 39,741

EARNINGS (LOSS) PER COMMON SHARE:

Continuing operations .36 .63

Discontinued operations (.94) .40

Total (.58) 1.03

EARNINGS (LOSS) PER COMMON

SHARE-ASSUMING FULL DILUTION:

Continuing operations .36 .62

Discontinued operations (.94) .38

Total (.58) 1.00

Total assets 1,465,023 837,445

LONG-TERM OBLIGATIONS:

Operations other than

resource-recovery 228,103 261,567

Resource-recovery operation 597,945

SHAREHOLDERS' EQUITY 308,833 361,098

SHAREHOLDERS' EQUITY PER COMMON SHARE 7.19 9.38

CASH DIVIDENDS DECLARED PER

COMMON SHARE .90 .90

(*) Restated - See Note 1 to Consolidated Financial Statements.

[*37] [HARDCOPY PAGE 37]

Ogden Corporation and Subsidiaries

MANAGEMENT'S DISCUSSION AND ANALYSIS OF CONSOLIDATED OPERATIONS

The accompanying financial

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