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| Topic: |
Business
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| Number of pages / Number of words: |
24 / 6479 |
Essay's paper body
Gross margin increased $6,671,000 to $31,501,000 for the fiscal year ended June 30,
2004, from $24,830,000 for the fiscal year ended June 30, 2003. Gross margin as a percentage of net
revenue decreased to 56.4 percent from 61.7 percent in the period.
Marketing and Selling expenses increased $4,553,000 to $21,814,000 for the fiscal year
ended June 30, 2004, from $17,261,000 for the fiscal year ended June 30, 2003...
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As a percentage
of net revenues, general and administrative expenses decreased to 10.4 percent for the fiscal year
ended June 30, 2004, from 12.3 percent for the fiscal year June 30, 2003.
Interest expense increased to $668,000 due to increased long term debt obligations
associated with the acquisition of Calyx & Corolla for the fiscal year ended June 30, 2004,
compared to $599,000 for the fiscal year ended June 30, 2003...
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