Thomas Industries Inc. announced that it has entered into an agreement to sell its 32% interest in Genlyte Thomas Group LLC (GTG) to The Genlyte Group Incorporated for $386.5 million, plus 32% of GTG’s earnings, less distributions to Thomas Industries, …
The Board of Directors of Thomas Industries Inc. has declared a quarterly cash dividend of 9-1/2 cents per share, payable July 1, 2004, to shareholders of record June 4, 2004. This will be the 196th consecutive quarterly cash dividend paid by the Company.
Thomas Industries Inc. reported that earnings for the first quarter of 2004 were the highest for any quarter in the Company’s history, while sales were a record for any quarter for the pump and compressor business.
Thomas Industries Inc. announced two upcoming Webcasts. Interested parties may access each of the Webcasts from Thomas Industries’ Web site at www.thomasind.com …
Thomas Industries Inc. reported record earnings for the year-ended December 31, 2003, on net sales that were an all time record for its pump and compressor business.
George H. Walls, Jr. has been elected to the Board of Directors of Thomas Industries Inc. Walls is currently Chief Deputy for the North Carolina Office of the State Auditor, a position he has held since 2000.
Thomas Industries Inc. announced that the Company plans to begin expensing stock options in 2003, using the guidelines of the Statement of Financial Accounting Standards (SFAS) No. 123, “Accounting for Stock-Based Compensation”.
Thomas Industries Inc. today reported that earnings for the third quarter of 2003 were the highest for any quarter in the Company’s history, while sales for the pump and compressor business were the highest for any third quarter.
Thomas Industries Inc. today announced it expects operating income from its pump and compressor business to decline approximately 30 to 35 percent for the third quarter of 2003 versus the third quarter of 2002.
Louisville, KY., Aug. 29 – Thomas Industries Inc. today announced that for the third quarter of 2003, ending September 30, 2003, equity earnings from Genlyte Thomas Group will include a non-recurring gain of approximately $2.2 million, due to the settlement of GTG’s patent infringement lawsuit against Acuity Brands and its Lithonia Lighting Division.
