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Katy Industries - Statement of Operations (in thousands) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 120,321 $ 124,761
Cost of goods sold 109,034 114,234
Gross profit 11,287 10,527
Selling, general and administrative expenses 18,297 19,289
Severance, restructuring and related charges 417 1,277
Loss (gain) on sale or disposal of assets 58 (216)
Operating loss (7,485) (9,823)
Interest expense (2,055) (1,528)
Other, net 175 2,232
Loss from continuing operations before income tax benefit (9,365) (9,119)
Income tax benefit from continuing operations 230 491
Loss from continuing operations (9,135) (8,628)
Income from operations of discontinued business (net of tax) 2,843 3,561
Gain on sale of discontinued business (net of tax) 11,099  
Net income (loss) $ 4,807 $ (5,067)
Net income (loss) per share of common stock - Basic    
Loss from continuing operations (in Dollars per share) $ (1.15) $ (1.09)
Discontinued operations (in Dollars per share) $ 1.75 $ 0.45
Net income (loss) (in Dollars per share) $ 0.60 $ (0.64)
Net income (loss) per share of common stock - Diluted    
Loss from continuing operations (in Dollars per share) $ (0.34) $ (1.09)
Discontinued operations (in Dollars per share) $ 0.52 $ 0.45
Net income (loss) (in Dollars per share) $ 0.18 $ (0.64)