ROANOKE TIMES Copyright (c) 1997, Roanoke Times DATE: Wednesday, February 5, 1997 TAG: 9702050096 SECTION: BUSINESS PAGE: B-5 EDITION: METRO
Carmike Cinemas Inc.
4th qtr. ended 12-31 1996 1995
Revenues $108.8 million $97.2 million
Net Income $4.2 million $3.1 million
Share earnings 37 cents 28 cents
Full year ended 12-31
Revenues $426.7 million $364.7 million
Net Income ($7.3 million) $13.1 million
Share earnings (65 cents) $1.16
Carmike, based in Columbus, Ga., operates 2,519 screens in movie theaters, including three complexes in the Roanoke Valley. The company said its net loss last year includes non-cash charges in the first quarter of $28.2 million for new accounting methods.
Tower Automotive Inc.
4th qtr. ended 12-31 1996 1995
Revenues $119.9 million $58 million
Net Income $6.9 million $3.5 million
Share earnings 47 cents 30 cents
Year ended 12-31
Revenues $399.9 million $222.8 million
Net Income $20.6 million $12.1 million
Share earnings $1.55 $1.05
Tower Automotive Inc. is a Minneapolis-based designer and maker of components for cars and trucks. It intends to buy the Botetourt County operation of A.O. Smith Corp. of Milwaukee this year.
*Figures in parentheses indicate a loss.
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