...2014 Annual Report March 23, 2015 To Our Stockholders: You are cordially invited to attend the annual meeting of stockholders to be held on Tuesday, May 5, 2015 at 9:00 a.m., central time, at the corporate office of Encore Wire Corporation located at 1329 Millwood Rd., McKinney, Texas. The purposes of the meeting are to elect directors for the ensuing year, ratify the appointment of auditors for 2015, to approve, in a non-binding advisory vote, the compensation of the Company’s named executive officers and conduct other business that may properly come before the meeting. Net sales for the year ended December 31, 2014 were $1.167 billion, while net income for the year was $37.1 million, with fully diluted net earnings per common share of $1.78. Unit volume, measured in copper pounds contained in the wire sold increased 3.6% in 2014 versus 2013. Our new aluminum building wire plant finished its second full year of operations, during which we sold $103.4 million of aluminum building wire. We believe that our ability to sell aluminum wire has resulted in increased copper wire sales as customers prefer to “one-stop shop” and order enough pounds to get free freight. Aluminum demand is so strong that we are expanding the current 200,000 square foot aluminum plant with a 250,000 square foot addition. We believe that our costs are as low, or lower, than our competitors. We believe our superior order fill rates continue to enhance our competitive position, as our electrical ...
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...MAKING ENTERPRISE RISK MANAGEMENT PAY OFF Thomas L. Barton William G. Shenkir Paul L. Walker Prentice Hall PTR One Lake Street Upper Saddle River, NJ 07458 www.phptr.com Editorial/Production Supervision: KATHLEEN M. CAREN Executive Editor: JIM BOYD Marketing Manager: BRYAN GAMBREL Manufacturing Manager: MAURA ZALDIVAR Cover Design: TALAR BOORUJY ©2002 Financial Executives Research Foundation, Inc. Published by Financial Times/Prentice Hall PTR Pearson Education, Inc. Upper Saddle River, NJ 07458 Prentice Hall books are widely used by corporations and government agencies for training, marketing, and resale. The publisher offers discounts on this book when ordered in bulk quantities. For more information, contact: Corporate Sales Department, Phone: 800-382-3419; Fax: 201-236-7141; E-mail: corpsales@prenhall.com; or write: Prentice Hall PTR, Corp. Sales Dept., One Lake Street, Upper Saddle River, NJ 07458. All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher. Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 ISBN 0-13-008754-8 Pearson Education LTD. Pearson Education Australia PTY, Limited Pearson Education Singapore, Pte. Ltd. Pearson Education North Asia Ltd. Pearson Education Canada, Ltd. Pearson Educación de Mexico, S.A. de C.V. Pearson Education—Japan Pearson Education Malaysia, Pte. Ltd. Pearson Education, Upper Saddle River, New Jersey A D V I S O R Y C O...
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