EX-99.1 2 c50736exv99w1.htm EX-99.1 EX-99.1
Exhibit 99.1
GARDNER DENVER, INC.
SELECTED SEGMENT FINANCIAL INFORMATION
(Dollars in thousands)
(Unaudited)
                                         
    Year Ended December 31, 2008  
    First     Second     Third     Fourth     Total  
    Quarter     Quarter     Quarter     Quarter     Year  
Industrial Products Group
                                        
Revenues
   $ 246,111     $ 269,270     $ 247,827     $ 294,893     $ 1,058,101  
Operating income (loss)
     24,851       29,509       18,164       (1,201 )     71,323  
Operating income (loss) as a percentage of segment revenues
     10.1 %     11.0 %     7.3 %     (0.4) %     6.7 %
Orders
     273,274       252,422       231,589       261,100       1,018,385  
Backlog
     251,995       235,308       203,408       262,399       262,399  
 
                                        
Engineered Products Group
                                        
Revenues
   $ 249,559     $ 248,842     $ 232,483     $ 229,347     $ 960,231  
Operating income
     51,097       44,086       37,292       54,401       186,876  
Operating income as a percentage of segment revenues
     20.5 %     17.7 %     16.0 %     23.7 %     19.5 %
Orders
     251,676       246,754       281,448       173,413       953,291  
Backlog
     359,170       357,579       387,342       326,724       326,724  
 
                                        
Reconciliation of Segment Operating Income to Consolidated Income Before Income Taxes
                                        
Total segment operating income
   $ 75,948     $ 73,595     $ 55,456     $ 53,200     $ 258,199  
Interest expense
     5,600       5,041       3,829       11,013       25,483  
Other (income) expense, net
     (241 )     (336 )     (237 )     64       (750 )
 
                              
Consolidated income before income taxes
   $ 70,589     $ 68,890     $ 51,864     $ 42,123     $ 233,466  
 
                              
                 
    Years Ended  
    December 31      
    2007     2006  
Industrial Products Group
                
Revenues
   $ 943,992     $ 874,927  
Operating income
     97,702       89,586  
Operating income as a percentage of segment revenues
     10.3 %     10.2 %
Orders
     972,937       887,259  
Backlog
     214,356       174,382  
 
                
Engineered Products Group
                
Revenues
   $ 924,852     $ 794,249  
Operating income
     193,817       144,763  
Operating income as a percentage of segment revenues
     21.0 %     18.2 %
Orders
     888,018       838,389  
Backlog
     345,921       366,237  
 
                
Reconciliation of Segment Operating Income to Consolidated Income Before Income Taxes
                
Total segment operating income
   $ 291,519     $ 234,349  
Interest expense
     26,211       37,379  
Other income, net
     (3,052 )     (3,645 )
 
            
Consolidated income before income taxes
   $ 268,360     $ 200,615