EXHIBIT 99.1
International Aluminum Corporation Announces
Results For The Fourth Quarter and Declares Dividend
MONTEREY PARK, Calif., August 23, 2006: International Aluminum Corporation (NYSE: IAL) today announced results for the quarter and fiscal year ended June 30, 2006 as follows:
|
| Quarter Ended June 30 |
| ||||
|
| 2006 |
| 2005 |
| ||
Net sales |
| $ | 77,107,000 |
| $ | 67,014,000 |
|
|
|
|
|
|
| ||
Net income |
| $ | 5,611,000 |
| $ | 4,386,000 |
|
|
|
|
|
|
| ||
Basic and diluted EPS |
| $ | 1.30 |
| $ | 1.03 |
|
|
| Fiscal Year Ended June 30 |
| ||||
|
| 2006 |
| 2005 |
| ||
Net sales |
| $ | 280,826,000 |
| $ | 251,588,000 |
|
|
|
|
|
|
| ||
Net income |
| $ | 16,244,000 |
| $ | 12,942,000 |
|
|
|
|
|
|
| ||
Basic and diluted EPS |
| $ | 3.78 |
| $ | 3.04 |
|
The Company also reported that its Board of Directors has declared a regular quarterly cash dividend of $.30 per share payable October 10, 2006 to shareholders of record as of September 20, 2006.
Contact:
Ronald L. Rudy, President (323) 264-1670
Mitchell K. Fogelman, Senior Vice President-Finance (323) 264-1670