Exhibit 99.1
International Aluminum Corporation Announces Results For Second Quarter
MONTEREY PARK, CA, February 11, 2004 - International Aluminum Corporation (NYSE: IAL) today announced results for the quarter and six months ended December 31, 2003 as follows:
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| Quarter Ended |
| Six Months Ended |
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| 2003 |
| 2002 |
| 2003 |
| 2002 |
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Net sales |
| $ | 50,698,000 |
| $ | 45,784,000 |
| $ | 103,654,000 |
| $ | 94,928,000 |
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Income from continuing operations |
| $ | 1,562,000 |
| $ | 839,000 |
| $ | 3,100,000 |
| $ | 1,751,000 |
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Income (loss) from discontinued operations |
| 88,000 |
| (177,000 | ) | 129,000 |
| (390,000 | ) | ||||
Net income |
| $ | 1,650,000 |
| $ | 662,000 |
| $ | 3,229,000 |
| $ | 1,361,000 |
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Basic and diluted EPS: |
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Continuing operations |
| $ | .37 |
| $ | .20 |
| $ | .73 |
| $ | .41 |
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Discontinued operations |
| .02 |
| (.04 | ) | .03 |
| (.09 | ) | ||||
Total |
| $ | .39 |
| $ | .16 |
| $ | .76 |
| $ | .32 |
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Contact:
David C. Treinen, President (323) 264-1670
Mitchell K. Fogelman, Senior Vice President-Finance (323) 264-1670
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