PLEASANTON, Calif., Feb. 2, 2012 /PRNewswire/ — Simpson Manufacturing Co., Inc. (the “Company”) (NYSE: SSD) today announced its fourth quarter 2011 results. The following discussion refers only to continuing operations unless otherwise indicated.
For the fourth quarter of 2011, net sales increased 9.3% to $130.7 million compared to net sales of $119.6 million for the fourth quarter of 2010. The Company had income, net of tax, of $4.9 million for the fourth quarter of 2011 compared to a loss, net of tax, of $4.5 million for the fourth quarter of 2010. Diluted income, net of tax, per common share was $0.10 for the fourth quarter of 2011 compared to diluted loss, net of tax, of $0.09 per common share for the fourth quarter of 2010.(…)