DALLAS-- Dal-Tile International Inc. recently announced record sales and profits for the fourth quarter and fiscal year 2001.
For the fourth quarter, sales increased $21.6 million, or 9.4%, to $250.8 million compared to $229.2 million for the fourth quarter of 2000. On a pro forma - fully taxed basis, net income for the fourth quarter increased $5.2 million, or 31.1%, versus the fourth quarter of 2000 to $21.9 million, or $0.37 per share. Pro-forma net income excludes a $1.6 million extraordinary item, net of tax, related to the fourth quarter restructuring of the company's debt facilities.