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Armstrong reports $89,000 net income for August
New York, Sept. 30 - Armstrong World Industries, Inc. reported net income of $89,000 for the month of August.
Sales for the month were $129.34 million bringing the total for the 45 months to Aug. 31, 2004 to $5.36 billion.
Operating income for the month was $2.22 million but a loss of $2.60 billion for the 45 month period.
Net income for the 45 months is negative $1.64 billion.
As of Aug. 31, the company had $318.0 million of cash and equivalents, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.
The Lancaster, Pa.-based flooring company filed for bankruptcy on Dec. 6, 2000 to resolve its asbestos liability. Its Chapter 11 case number is 00-4471.
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