Northwest Pipe Co. (NWPX) 2000年年度报告「NASDAQ」.pdf

1、N o r t h w e s t P i p e C o m p a n y 2 0 0 0 A n n u a l R e p o r tA b o u t t h e C o m p a n yNorthwest Pipe Company manufactures welded steelpipe in two business segments.Its Water TransmissionGroup is a leading supplier of large diameter,high-pressure steel pipe products that are used primar

2、ily forwater transmission in the United States and Canada.Its Tubular Products Group manufactures smaller di-ameter,electric resistance welded steel pipe for a widerange of construction,energy,agricultural,industrialand mechanical applications.The company is head-quartered in Portland,Oregon.C o n t

3、 e n t s1.Financial Highlights2.Letter to Shareholders4.Water Transmission Group6.Tubular Products Group8.Financial Contents27.Report of Independent Accountants28.Officers/Board of Directors29.Investor InformationF i n a n c i a l H i g h l i g h t s(In thousands,except per share amounts)Year Ended

4、December 31,2000199919981997 1996C o n s o l i d a t e d S t a t e m e n t o f I n c o m e D a t a:Net sales$240,307$209,516$150,833$135,182$97,715Gross profit48,90441,66431,11730,94219,576Net income13,28512,58111,10010,4045,107Basic earnings per share2.061.961.731.926.11Diluted earnings per share2.

5、011.901.681.851.44C o n s o l i d a t e d b a l a n c e s h e e t d a t a:Working capital$56,478$54,237$51,051$35,737$22,438Total assets248,271234,151132,051101,42464,454Long-term debt,less current portion76,98476,32139,94414,35612,040Stockholders equity97,16983,71570,77959,69433,729O t h e r:Gross

6、margin20.3%19.9%20.6%22.9%20.0%Return on sales5.5%6.0%7.4%7.7%5.2%969798990096979899009697989900N o r t h w e s t P i p e C o m p a n y|1Net Income(millions of dollars)10.411.112.613.310.7Net Sales(millions of dollars)135.2150.8209.5240.3281.4Net SalesWater Transmission(millions of dollars)89.999.31