Diluted earnings per share were $0.33 for the fourth quarter of 2007, compared to $0.39 for the same period of 2006.
For the full-year period of 2007, net income was $5.52 million, a decrease of 2.3% compared to $5.65 million for the corresponding period of 2006. Earnings per diluted share were $1.42 for the full-year period of 2007, a decrease of 2.7% compared to $1.46 for the same period of 2006.
Ralph Tapscott, president and CEO, said: This has been an excellent year for our company, and I am proud of the contribution our employees have made to our success. We have been quick to adapt to the changes in our markets and in our industry, and we have continued to maintain a high level of performance throughout.
