William H. Sadlier, Inc. Reports Earnings Results for the Year Ended December 31, 2011; Declares Dividend Payable on June 22, 2012
May 01, 2012 at 12:33 am IST
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William H. Sadlier, Inc. reported earnings results for the year ended December 31, 2011. The company reported annual net income of $4,012,000 for 2011 compared to $3,512,000 of net income reported in 2010. Net sales increased to $54,277,000 compared to $52,817,000 in 2010. On a fully diluted per share basis, the company earned $5.11 for the year 2011 compared to $4.40 per share earned for the full year 2010.
The company also announced that its Board of Directors, at its meeting on April 25, 2012, declared a dividend of $1.35 per share of its Common Stock payable on June 22, 2012 to holders of record at the close of business on May 16, 2012.
William H. Sadlier, Inc. is primarily engaged in offering a range of educational materials in print and digital formats. The Companyâs school subjects include mathematics, vocabulary, English language arts, grammar and writing, and reading. Its Sadlier school provides noted products, such as vocabulary workshops, progress in mathematics, Sadlier math, and the new from phonics to reading. The Companyâs religion programs offer catechetical programs, sacrament programs, catechetical bilingual, sacrament bilingual and lifelong learning. The Company's Sadlier religion program provides noted products, such as Christ In Us, We Believe, and Believe, Celebrate, and Live series.