RV Investor

RV STOCKS AND INDUSTRY NEWS

 See full size image

RVIA Reports Wholesale Shipments for November Down 72% from 2007

Made in the USA
Made in the USA

Recreational Vehicle Industry Association

 

 

York and Company
 

 

 

 

 

Coachmen Industries (NYSE: COA) Snapshot

Updated 5/18/2008

 

Company Profile

 

Coachmen Industries, Inc. is a manufacturer of recreational vehicles and modular construction.

 

Recreational vehicles are manufactured under the Coachmen Recreational Vehicles, LLC, Sportscoach RV, Georgie Boy Manufacturing, LLC and Viking Recreational Vehicles, LLC  brand names. The Coachmen Companies produce a full line of recreational vehicles, including Class A motorhomes, Class C "mini" motorhomes, travel trailers, fifth wheel trailers and folding camping trailers.

 

Consolidated Charting

 

Consolidated Statements
  Quarter Ending    
COA Income Statement Q1-05 Q2-05 Q3-05 Q4-05 Q1-06 Q2-06 Q3-06 Q4-06 Q1-07 Q2-07 Q3-07 Q4-07    
  Mar-05 Jun-05 Sep-05 Dec-05 Mar-06 Jun-06 Sep-06 Dec-06 Mar-07 Jun-07 Sep-07 Dec-07   TTM
Revenue   205,117  208,978    198,036     139,977   162,554   155,321   130,715   115,792   130,244   149,762   123,855     76,979    480,840
Cost of Goods Sold  183,956  184,868    180,391     136,639   147,912   139,334   117,650   110,065   128,817   143,769   116,096     79,441    468,123
Gross Margin    21,161    24,110      17,645        3,338     14,642     15,987     13,065      5,727      1,427      5,993      7,759     (2,462)      12,717
As a % of Sales 10.3% 11.5% 8.9% 2.4% 9.0% 10.3% 10.0% 4.9% 1.1% 4.0% 6.3% -3.2%   2.6%
                             
Operating Expenses                            
R&D            -            -              -              -            -            -            -            -            -            -                  -
SG&A    23,125    27,842      28,450      22,219     16,259     10,574     12,746     19,183     12,048     12,914     12,131     11,929      49,022
Non Recurring           (4)        (45)        6,731              -     (2,677)     (3,372)       (291)            -            -      3,850       (143)       (427)        3,280
Depreciation            -            -              -              -            -            -            -            -            -            -                  -
Others             -            -              -          133            -      7,917      7,084     (2,349)       (445)               (445)
Operating Expenses     23,121    27,797      35,181      22,352     13,582     15,119     19,539     16,834     11,603     16,764     11,988     11,502      51,857
As a % of Sales 11.3% 13.3% 17.8% 16.0% 8.4% 9.7% 14.9% 14.5% 8.9% 11.2% 9.7% 14.9%   10.8%
                             
Operating Income    (1,960)    (3,687)     (17,536)     (19,014)      1,060         868     (6,474)   (11,107)   (10,176)   (10,771)     (4,229)   (13,964)     (39,140)
As a % of Sales -1.0% -1.8% -8.9% -13.6% 0.7% 0.6% -5.0% -9.6% -7.8% -7.2% -3.4% -18.1%   -8.1%
                             
Income from Continuing Operations                            
Total Other Income/Expenses Net         892        658          492           (85)         526         543      1,099       (529)         569         599         694         232        2,094
Earnings Before Interest And Taxes     (1,068)    (3,029)