Business
Paul Mueller Company Announces Its Second Quarter Earnings of 2016
Paul Mueller Company Announces Its Second Quarter Earnings of 2016.
About this update from Mueller (paul) Co.
[{"type":"text","content":"\n\n SPRINGFIELD, Mo., July 29, 2016 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC:MUEL) today announced earnings for the quarter ended June 30, 2016.   \n    PAUL MUELLER COMPANY    SIX-MONTH REPORT  Unaudited                     CONSOLIDATED STATEMENTS OF INCOME                     (In thousands)   Three Months Ended Six Months Ended Twelve Months Ended        June 30 June 30 June 30         2016   2015   2016   2015   2016   2015                      Net Sales    $  45,524  $  49,710  $  86,685  $  94,353  $  170,927  $  196,228   Cost of Sales      32,720     34,692     61,565     67,133     120,794     143,943   Gross Profit  $  12,804  $  15,018  $  25,120  $  27,220  $  50,133  $  52,285   Selling, General and Administrative Expense    11,856     10,214     22,721     20,028     41,728     41,298   Operating Income  $  948  $  4,804  $  2,399  $  7,192  $  8,405  $  10,987   Interest Expense     (63)    (100)    (99)    (221)    (240)    (629)  Other Income (Expense)     (63)    (317)    (111)    (326)  ...