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American Pacific Reports Fiscal 2013 First Quarter Results; Reaffirms Full Year Guidance
Date:2/7/2013

micals within its focused markets.  We supply active pharmaceutical ingredients and advanced intermediates to the pharmaceutical industry.  For the aerospace and defense industry we provide specialty chemicals used in solid rocket motors for space launch and military missiles.  We produce clean agent chemicals for the fire protection industry, as well as electro-chemical equipment for the water treatment industry.  Our products are designed to meet customer specifications and often must meet certain governmental and regulatory approvals. Additional information about us can be obtained by visiting our web site at www.apfc.com.

Contact:  Dana M. Kelley – (702) 735-2200
E-mail:  InvestorRelations@apfc.com
Website:  www.apfc.comAMERICAN PACIFIC CORPORATIONCondensed Consolidated Statements of Operations (Unaudited, Dollars in Thousands, Except per Share Amounts)Three Months Ended December 31, 20122011Revenues

$ 36,318

$ 38,485Cost of Revenues

20,906

26,255Gross Profit

15,412

12,230Operating Expenses

10,464

9,485Other Operating Gains

-

14Operating Income

4,948

2,759Interest and Other Income (Expense), Net

8

7Interest Expense

1,282

2,639Loss on Debt Extinguishment

2,835

-Income from Continuing  Operations before Income Tax

839

127Income Tax Expense (Benefit)

(312)

92Income from Continuing Operations

1,151

35Income from DiscontinuedOperations, Net of Tax

4

116Net Income

$ 1,155

$ 151Basic Earnings Per Share:Income from Continuing Operations

$ 0.15

$ 0.00Income from DiscontinuedOperations, Net of Tax

$ 0.00

$ 0.02Net I
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SOURCE American Pacific Corporation
Copyright©2012 PR Newswire.
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