PGT Inc (PGTI)

[FUNMAN]

Terrific News: PGT Industries Selected to Barron's 400 Index
Inclusion in the List Underscores Continued Financial Strength
GlobeNewswire PGT, Inc.

23 hours ago

N. VENICE, Fla., April 4, 2014 (GLOBE NEWSWIRE) -- PGT Industries (PGTI), has been selected to the 2014 Barron's 400 Index for the second consecutive semester. The innovative measure of U.S. securities is made up of the 400 strongest and most promising stocks in North America, out of more than 6,000, that score the highest when evaluated against the rigorous and fundamentals-based criteria.

"PGT Industries' recognition on the Barron's 400 Index is indicative of our strong culture, solid performance and financial strength as the nation's leading manufacturer and supplier of residential impact-resistant windows and doors," said Jeff Jackson, CFO of PGT Industries. "Given that only 6 percent of all publically traded companies in North America are selected, we are honored to be a part of such a distinguished group and look forward to continued growth."

As a measure of the quality of its underlying constituents, the Index has notably outperformed the S&P 500 Index by more than 5 percentage points per year over the last decade, a clear measure of the quality of the companies it selects and their prospects as investments for public shareholders.

All Index components are selected on the basis of their fundamental strength as measured by MarketGrader's overall grade. This grade is based on 24 fundamental indicators including growth, value profitability and cash flow, each measured by six unique factors. To qualify, all stocks must have a minimum float-adjusted market cap of $250 million and to ensure liquidity, all stocks must have a minimum three-month average dollar-trading volume of $2 million, among other strenuous requirements.

ABOUT PGT:

PGT pioneered the U. S. impact-resistant window and door industry and today is the nation's leading manufacturer and supplier of residential impact-resistant windows and doors. Founded in 1980, the company employs approximately 1,500 at its manufacturing, glass laminating and tempering plants in North Venice, Florida. Utilizing the latest designs and technology, PGT products are ideal for new construction and replacement projects serving residential, commercial, high-rise and institutional markets. PGT's product line includes PGT Aluminum and Vinyl Windows and Doors; PGT WinGuard and PGT PremierVue Impact-Resistant Windows and Doors; PGT Architectural Systems; and PGT Eze-Breeze Sliding Panels. PGT Industries is a wholly owned subsidiary of PGT, Inc. (PGTI). For additional information visit pgtindustries.com.


Contact:
Jeff Jackson
941-480-1600
[e-mail]

[woody85]

Looking good FUN! I like PGTI, Its the rest of the market that is starting to concern me. JMO. Im all liquid right now. Only making short term trades. GL bud....

Take a look at this chart.

http://stockcharts.com/public/1001240/chartbook/224249946

[FUNMAN]

PGT released their 10K today.

I bought PGTI this month 3 times and will hold it.

I don't expect it to go up or down very much for a while. They have to show continued top line growth, an ability to handle increased debt, and they must complete their new glass plant on time and budget. Their profit margins will increase after the glass plant opens.

If they meet their first quarter forecast, they will only meet revenues posted during the past 3 quarters.

In other words, they have to show more growth for the stock to continue going up. I will follow them very closely.

I will not buy more until they indicate they are worthy.


http://www.sec.gov/Archives/edgar/data/1354327/000119312514075673/d650177d10k.htm

[woody85]

They have been staying busy! I know for a fact they have been running 3 shifts for over a year now! Growing! Great things in store for this company!

[FUNMAN]

I bought more PGTI today.

Here is an example of something I like about my newest investment, a relatively small company with a $550MM market cap and revenues of $250MM.

One of their VP's (Dean Ruark, Code Compliance Manager for PGT Industries - third down in the article) was recognized for his good work in support of the entire industry. It's good to have those guys on your team.

http://www.glassonweb.com/news/index/21586/


They beat on revenues and hit the EPS estimate yesterday and the street reacted positively.

PGT, Inc. (PGTI) - NasdaqGM
12.06 Up 0.54 +4.69% 3:07PM EST - Nasdaq Real Time Price

[FUNMAN]

I am buying more this morning.


PGT Reports 2013 Fourth Quarter and Fiscal Year Results
GlobeNewswire PGT, Inc.
15 hours ago
VENICE, Fla., Feb. 19, 2014 (GLOBE NEWSWIRE) -- PGT, Inc. (PGTI), the leading U.S. manufacturer and supplier of residential impact-resistant windows and doors, announces financial results for the fourth quarter and year ended December 28, 2013.

"We continued to take market share and capitalize on improving economic conditions in the fourth quarter, with sales coming in at $62.0 million, up 37.2% over fourth quarter of 2012. Our growth came from both new construction sales, up 56.2%, and repair and remodel sales, up 28.7%. This marks the fifth straight quarter with substantial top line growth over the prior year. We attribute our success to a combination of improving market conditions and our commitment to product quality and reliability of on time delivery, which separates us from our competition and drives sales growth and share gains," said PGT's President and Chief Executive Officer, Rod Hershberger.

Mr. Hershberger continued, "The fourth quarter capped a great year, with 2013 sales of $239.3 million, up 37.1% compared to 2012. We posted net income of $26.8 million, an increase of $17.9 million, or 199.5% when compared to 2012. Sales of impact products grew 41.0%, while sales of non-impact products grew 25.8% during the year. Our employees worked hard to keep pace with growing demand for our products, and I am thankful for their efforts and dedication."

Our financial highlights for the fourth quarter ended December 28, 2013, compared to the results for the same period last year include:

Net sales of $62.0 million, an increase of $16.8 million, or 37.2%;
Gross margin increased $4.6 million to $20.6 million;
Net income of $5.3 million compared to net income of $3.2 million;
Net income per diluted share of $0.11 compared to net income per diluted share of $0.06; and
EBITDA of $9.5 million, compared to $6.9 million;
Net Income and Net Income per diluted share, after the fourth quarter tax item adjustment, were $5.9 million and $0.12 per share.
Commenting on the fourth quarter and twelve months ended December 28, 2013, Jeff Jackson, PGT's Executive Vice President and Chief Financial Officer, stated, "The 37.2% sales growth during the quarter led to a 28.8% increase in gross margin dollars. This growth was achieved as a result of the leverage on increased sales. As a percent, however, gross margin decreased by 2.2% due mostly to an increase in both labor and material costs. We attribute this increase to a combination of hiring and training 144 new employees during the quarter, as well as purchasing finished glass units to support sales in excess of our current glass capacities. We did experience a favorable impact due to the price increase announced in third quarter, however this was offset by a market shift towards vinyl and new construction during the fourth quarter."

Our financial highlights for the twelve months ended December 28, 2013, compared to the results for the prior year include:

Net sales of $239.3 million, an increase of $64.8 million, or 37.1%;
Gross margin of $80.1 million, an increase of $20.5 million, or 34.3%;
Net income of $26.8 million compared to net income of $9.0 million for the prior year;
Net income per diluted share of $0.51 compared to net income per diluted share of $0.16; and
EBITDA of $38.0 million, compared to $24.7 million;
Net Income, Net Income per diluted share, and EBITDA, after adjusting for our tax items, the costs associated with the secondary offering and refinancing executed in May of 2013 and for the gain on the sale of the Salisbury facility, were $23.2 million, $0.44 per share, and $37.8 million, respectively.
Mr. Jackson continued, "Cash flow generated from operations was $9.4 million during the quarter. We leveraged revenue growth during the quarter by reducing selling, general and administrative expenses as a percent of sales to 22.2 %, compared to 26.4 % in the fourth quarter of 2012. Lastly, to address internal capacities for glass production and reduce reliance on outsourced finished glass, during August we purchased land neighboring our existing campus and broke ground in January of 2014 on our new glass operations plant, expected to be operational by the end of the third quarter of 2014."

Mr. Jackson concluded, "During December of 2013 JLL Partners, Fund IV, L.P. ("JLL"), completed its divestiture of our shares of common stock. In connection with the divestiture, three of the four JLL associates who served as board members have decided to end their services on our board, which became effective during the first quarter of 2014. We are pleased to announce that Al Castaldi, the remaining JLL associate, will continue his service as a board member."

Conference Call

As previously announced, PGT will hold a conference call Thursday, February 20, 2014, at 10:30 a.m. Eastern time and will simultaneously broadcast it live over the Internet. To participate in the teleconference, please dial into the call a few minutes before the start time: 877-769-6798 (U.S. and Canada) and 678-894-3060 (international). A replay of the call will be available beginning February 20, 2014, at 1:30 p.m. Eastern Time through February 26, 2014. To access the replay, dial 855-859-2056 (U.S. and Canada) and 404-537-3406 (international) and refer to pass code 22452203. The webcast will also be available through the Investor Relations section of the PGT, Inc. website, http://www.pgtindustries.com.

About PGT

PGT(R) pioneered the U.S. impact-resistant window and door industry and today is the nation's leading manufacturer and supplier of residential impact-resistant windows and doors. Founded in 1980, the company employs approximately 1,400 at its manufacturing, glass laminating and tempering plants in Florida. Utilizing the latest designs and technology, PGT products are ideal for new construction and replacement projects serving the residential, commercial, high-rise and institutional markets. PGT's product line includes a variety of aluminum and vinyl windows and doors. Product brands include WinGuard (R); SpectraGuard (TM); PremierVue (TM); PGT Architectural Systems; and Eze-Breeze(R). PGT Industries is a wholly owned subsidiary of PGT, Inc. (PGTI). For additional information, or to find a distributor near you, visit pgtindustries.com or call 800-284-6019.

Forward-Looking Statements

From time to time, we have made or will make forward-looking statements within the meaning of Section 21E of the Exchange Act. These statements do not relate strictly to historical or current facts. Forward-looking statements usually can be identified by the use of words such as "goal", "objective", "plan", "expect", "anticipate", "intend", "project", "believe", "estimate", "may", "could", or other words of similar meaning. Forward-looking statements provide our current expectations or forecasts of future events, results, circumstances or aspirations. Our disclosures in this report contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We may also make forward-looking statements in our other documents filed or furnished with the Securities and Exchange Commission and in oral presentations. Forward-looking statements are based on assumptions and by their nature are subject to risks and uncertainties, many of which are outside of our control. Our actual results may differ materially from those set forth in our forward-looking statements. There is no assurance that any list of risks and uncertainties or risk factors is complete. Factors that could cause actual results to differ materially from those described in our forward-looking statements include, but are not limited to:

Changes in new home starts and home remodeling trends
The economy in the U.S. generally, or in Florida, where the substantial portion of our sales are generated
Raw material prices, especially aluminum
Transportation costs
Level of indebtedness
Dependence on our WinGuard branded product lines
Product liability and warranty claims
Federal and state regulations
Dependence on our manufacturing facilities
Any forward-looking statements made by us or on our behalf speak only as of the date they are made and we do not undertake any obligation to update any forward-looking statement to reflect the impact of subsequent events or circumstances. Before making any investment decision, you should carefully consider all risks and uncertainties disclosed in all our SEC filings, including our reports on Forms 8-K, 10-Q and 10-K and our registration statements under the Securities Act of 1933, as amended, all of which are accessible on the SEC's website at www.sec.gov and at http://ir.pgtindustries.com/sec.cfm.

Use of Non-GAAP Financial Measures

This Press Release and the financial schedules include financial measures and terms not calculated in accordance with generally accepted accounting principles in the United States (GAAP). We believe that presentation of non-GAAP measures such as adjusted net income, adjusted net income per share, EBITDA and adjusted EBITDA provides investors and analysts with an alternative method for assessing our operating results in a manner that enables investors and analysts to more thoroughly evaluate our current performance compared to past performance. We also believe these non-GAAP measures provide investors with a better baseline for assessing our future earnings potential. The non-GAAP measures included in this release are provided to give investors access to types of measures that we use in analyzing our results.

Adjusted net income consists of GAAP net income adjusted for the items included in the accompanying reconciliation. Adjusted net income per share consists of GAAP net income per share adjusted for the items included in the accompanying reconciliation. We believe these measures enable investors and analysts to more thoroughly evaluate our current performance as compared to the past performance and provide a better baseline for assessing the company's future earnings potential. However, these measures do not provide a complete picture of our operations.

EBITDA consists of GAAP net income adjusted for the items included on the accompanying reconciliation. Adjusted EBITDA consists of EBITDA adjusted for the items included in the accompanying reconciliation. We believe that EBITDA and adjusted EBITDA provide useful information to investors and analysts about the company's performance because they eliminate the effects of period to period changes in taxes, costs associated with capital investments and interest expense. EBITDA and adjusted EBITDA do not give effect to the cash the company must use to service its debt or pay its income taxes and thus do not reflect the funds generated from operations or actually available for capital investments.

Our calculations of adjusted net income, adjusted net income per share, EBITDA and adjusted EBITDA are not necessarily comparable to calculations performed by other companies and reported as similarly titled measures. These non-GAAP measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to GAAP measures. Schedules that reconcile adjusted net income, adjusted net income per share, EBITDA and adjusted EBITDA to GAAP net income are included in the financial schedules accompanying this release.

PGT, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited - in thousands, except per share amounts)





Three Months Ended Year Ended
December 28, December 29, December 28, December 29,
2013 2012 2013 2012
Net sales $ 62,035 $ 45,211 $ 239,303 $ 174,540
Cost of sales 41,410 29,203 159,169 114,872
Gross margin 20,625 16,008 80,134 59,668
Gain on sale of assets held -- -- (2,195) --
Selling, general and administrative expenses 13,778 11,888 54,594 47,094
Income from operations 6,847 4,120 27,735 12,574
Interest expense 956 762 3,520 3,437
Other expense, net 29 182 770 72
Income before income taxes 5,862 3,176 23,445 9,065
Income tax expense (benefit) 519 (18) (3,374) 110
Net income $ 5,343 $ 3,194 $ 26,819 $ 8,955





Basic net income per common share $ 0.11 $ 0.06 $ 0.55 $ 0.17





Diluted net income per common share $ 0.11 $ 0.06 $ 0.51 $ 0.16





Weighted average common shares outstanding:



Basic 46,824 53,458 48,881 53,620





Diluted 49,554 56,764 52,211 55,262



PGT, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED BALANCE SHEETS
(unaudited - in thousands)




December 28, December 29,

2013 2012
ASSETS

Current assets:

Cash and cash equivalents $ 30,204 $ 18,743
Accounts receivable, net 20,821 13,997
Inventories 12,908 11,529
Asset held for sale -- 5,259
Other current assets 7,467 3,802
Total current assets 71,400 53,330



Property, plant and equipment, net 44,123 41,220
Other intangible assets, net 38,869 45,327
Other assets, net 2,240 1,440
Total assets $ 156,632 $ 141,317



LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable and accrued expenses $ 15,522 $ 13,279
Deferred income taxes -- 46
Current portion of long-term debt 4,890 --
Total current liabilities 20,412 13,325



Long-term debt 72,365 37,500
Deferred income taxes 13,380 14,858
Other liabilities 1,400 1,424
Total liabilities 107,557 67,107



Total shareholders' equity 49,075 74,210
Total liabilities and shareholders' equity $ 156,632 $ 141,317





PGT, INC. AND SUBSIDIARY
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO THEIR GAAP EQUIVALENTS
(unaudited - in thousands, except per share amounts)






Three Months Ended Year Ended

December 28, December 29, December 28, December 29,

2013 2012 2013 2012
Reconciliation to Adjusted net income and Adjusted net income per share (1):



Net income $ 5,343 $ 3,194 $ 26,819 $ 8,955
Reconciling item:


Gain on sale of Salisbury Facility (2) -- -- (2,195) --
Expenses related to offering of common stock and debt refinancing (3) -- -- 1,918 --
Release of Valuation Allowance on Deferred Tax Assets (4) 519 -- (3,374) --
Tax effect of reconciling items -- -- -- --
Adjusted net income $ 5,862 $ 3,194 $ 23,168 $ 8,955





Weighted average shares outstanding:
Diluted 49,554 56,764 52,211 55,262





Adjusted net income per share - diluted $ 0.12 $ 0.06 $ 0.44 $ 0.16





Reconciliation to EBITDA and Adjusted EBITDA:
Net income $ 5,343 $ 3,194 $ 26,819 $ 8,955
Reconciling items:


Depreciation and amortization expense 2,694 2,973 11,080 12,233
Interest expense 956 762 3,520 3,437
Income tax expense (benefit) 519 (18) (3,374) 110
EBITDA 9,512 6,911 38,045 24,735
Add:



Gain on sale of Salisbury Facility (2) -- -- (2,195) --
Expenses related to offering of common stock &debt refinancing (3) -- -- 1,918 --
Adjusted EBITDA $ 9,512 $ 6,911 $ 37,768 $ 24,735
Adjusted EBITDA as percentage of net sales 15.3% 15.3% 15.8% 14.2%





(1) The Company's non-GAAP financial measures were explained in its Form 8-K filed February 19, 2014.





(2) Gain on sale of Salisbury, NC facility of $2.2 million represents the net selling price of approximately $7.5 million less the asset's carrying value at the time of the sale of approximately $5.3 million.





(3) The expenses related to the offering of 12.65 million shares of common stock of PGT by JLL Partners, and the unamortized costs that were written off as a result of the debt refinancing. Approximately $1.6 million of these charges are included in Selling, general and administrative expenses, while the remaining $0.3 million are included in Other Expense, net for the year ended December 28, 2013.





(4) During the second quarter, we reversed the deferred tax asset ("DTA") valuation allowance of approximately $3.9 million. In the fourth quarter, we recorded $0.5 million of tax expense in excess of the release of the net operating loss valuation allowance.

Contact:
PGT, Inc.
Jeff Jackson, Executive Vice President of Operations and CFO
941-480-1600
[e-mail]

[woody85]

Congrats. Beautiful Chart. Looks like that 11.50 range to be tested again. Probably break it IMO 3rd times a charm.... Then it's on to new highs

[FUNMAN]

11.22 Up 0.28(2.56%) 1:13PM EST - Nasdaq Real Time Price

Very sweet.

I missed the 7 point rise over the past year, but at least I finally found PGT. I bought it on the 11th at $10.25

It's been a nice few days.

[woody85]

100% agree

PGT's mgmt has proven they will do great.

New construction and renovations; everything is in their sweet-spot right now.

South West Florida will grow. And so will PGT. Wish I didnt sell all my $3.41 shares i bought in OCT of 2012. Made %100 on my money. Alot more coming. $20 stock here long term IMO. PGTI

[FUNMAN]

Not every company tied to the housing industry is going to do well as long as housing keeps improving, but PGT's mgmt has proven they will do great.

New construction and renovations; everything is in their sweet-spot right now. I wish I noticed them 6 months ago.

[woody85]

agree. great long play. company will continue to grow.

[FUNMAN]

I just bought today. It's a beautiful company.

[woody85]

This baby is going to pop huge! Earnings May 1st

[Penny Roger$]

~ Wednesday! $PGTI ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $PGTI ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=PGTI&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=PGTI&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=PGTI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=PGTI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=PGTI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=PGTI
Finviz: http://finviz.com/quote.ashx?t=PGTI
~ BusyStock: http://busystock.com/i.php?s=PGTI&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=PGTI >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[Penny Roger$]

lots of good tools there to utilize down there.. gl on P.R. mission.

[Penny Roger$]

<<< $PGTI Links! >>> ~ MAC's Quick DD Links without the charts.




PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/PGTI


OTC Markets Company Info ~ http://www.otcmarkets.com/stock/PGTI/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/PGTI/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/PGTI/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/PGTI/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/PGTI/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/PGTI/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/PGTI/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/PGTI/research


Google Finance Summary ~ http://www.google.com/finance?q=PGTI
Google Finance News ~ http://www.google.com/finance/company_news?q=PGTI
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=PGTI
Google Finance Financials ~ http://www.google.com/finance?q=PGTI&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=PGTI
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=PGTI&histperiod=weekly#


Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=PGTI+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=PGTI+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=PGTI+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=PGTI
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=PGTI+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=PGTI+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/PGTI
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/PGTI
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=PGTI+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=PGTI+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=PGTI+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=PGTI+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=PGTI+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=PGTI+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=PGTI+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=PGTI+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=PGTI+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=PGTI+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=PGTI+Cash+Flow&annual


FINVIZ ~ http://finviz.com/quote.ashx?t=PGTI&ty=c&ta=0&p=d


Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=PGTI
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=PGTI
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=PGTI
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=PGTI
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=PGTI
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=PGTI&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260


CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=PGTI&exchange=US


Barchart Quote ~ http://barchart.com/quotes/stocks/PGTI?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/PGTI
Barchart Options Quotes ~ http://barchart.com/options/stocks/PGTI
Barchart Technical Chart ~ http://barchart.com/charts/stocks/PGTI&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/PGTI&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/PGTI
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=PGTI
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/PGTI
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/PGTI
Barchart News Headlines ~ http://barchart.com/news/stocks/PGTI
Barchart Profile ~ http://barchart.com/profile//PGTI
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=PGTI&view=key_statistics


OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=PGTI&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=PGTI&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=PGTI&MarketTicker=NYSE&Typ=S


Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/PGTI/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/PGTI/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/PGTI/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/PGTI/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/PGTI
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/PGTI/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/PGTI/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/PGTI/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/PGTI/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/PGTI/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/PGTI/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=PGTI&sid=1795093&framed=False


The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=PGTI


Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=PGTI


StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=PGTI&num1=567&cobrand=&mode=stock


StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=PGTI
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=PGTI


AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=PGTI&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8


Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=PGTI.PK&WTmodLOC=C4-Officers-5


StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=PGTI®ion=U


Search NASDAQ ~ http://www.nasdaq.com/symbol/PGTI
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/PGTI/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/PGTI/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/PGTI/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=PGTI&selected=PGTI
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=PGTI&selected=PGTI
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/PGTI/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/PGTI/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/PGTI/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/PGTI/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/PGTI/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/PGTI/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/PGTI/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/PGTI/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/PGTI/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/PGTI/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/PGTI/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/PGTI/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/PGTI/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/PGTI/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=PGTI&selected=PGTI
NASDAQ Financials ~ http://www.nasdaq.com/symbol/PGTI/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/PGTI/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/PGTI/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/PGTI/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/PGTI/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/PGTI/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/PGTI/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/PGTI/insider-trades/sells


The Motley Fool ~ http://caps.fool.com/Ticker/PGTI.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/PGTI/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/PGTI/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/PGTI/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/PGTI/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/PGTI/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/PGTI/Statements.aspx?source=icasittab0000009


MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=PGTI


YCharts ~ http://ycharts.com/companies/PGTI
YCharts Performance ~ http://ycharts.com/companies/PGTI/performance
YCharts Dashboard ~ http://ycharts.com/companies/PGTI/dashboard


InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=PGTI&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=PGTI&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=PGTI&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=PGTI


Zacks Quote ~ http://www.zacks.com/stock/quote/PGTI
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=PGTI
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=PGTI


Knobias ~ http://knobias.10kwizard.com/files.php?sym=PGTI


StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=PGTI


Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/PGTI/HOT_TOPIC.html


Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=PGTI&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=PGTI®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=PGTI®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=PGTI®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=PGTI®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=PGTI®ion=USA&culture=en-us


CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=PGTI


TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=PGTI


OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=PGTI&searcharea=e&image1.x=0&image1.y=0


Insidercow ~ http://www.insidercow.com/history/company.jsp?company=PGTI&B1=Search%21


Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=PGTI
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=PGTI&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null


YouTube Symbol Search ~ http://www.youtube.com/results?search_query=PGTI


Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=PGTI


Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=PGTI


Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=PGTI

Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=PGTI
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=PGTI

Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=PGTI

Investorpoint ~ http://www.investorpoint.com/ enter "PGTI" and click search.

Hotstocked ~ http://www.hotstocked.com/ enter "PGTI" and click search.

Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=PGTI

Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=PGTI

DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=PGTI

SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=PGTI

OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=PGTI

Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "PGTI" and click search.

http://www.coordinatedlegal.com/SecretaryOfState.html

http://regsho.finra.org/regsho-Index.html

http://www.shortsqueeze.com/?symbol=PGTI&submit=Short+Quote%99



DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=PGTI
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=PGTI
Check those searches for recent PGTI mentions. If PGTI is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS



MACDlinks

[Penny Roger$]

~ Thursday! $PGTI ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $PGTI ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=PGTI&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=PGTI&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=PGTI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=PGTI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=PGTI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=PGTI
Finviz: http://finviz.com/quote.ashx?t=PGTI
~ BusyStock: http://busystock.com/i.php?s=PGTI&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=PGTI >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[oakslem]

THEY SHOULD MAKE ME THE PR MAN

[oakslem]

STILL BELIEVE

[oakslem]

Looks like I am the only one who knows of a real outfit .Heading back to VENICE FLORIDA, since I am the # 1 supporter. Believe me this is a real outfit, go check it out for your self.

[oakslem]

Buy American-------STILL BELIEVE

[oakslem]

Heading back to CHICAGO.
Still think this is a great company.
Hear good things from people ,who work there.
Will keep watching.
Chicago Pat

[oakslem]

CONSTRUCTION PICKING UP IN SOUTHERN FLORIDA------KEEPING EYE ON THIS ONE

[oakslem]

Still here in VENICE FLORIDA and still like this COMPANY

[oakslem]

Climbing back slow but sure.

[oakslem]

Still watching this one

[oakslem]

The whole world is supply and demand PGT will make it .
Check out the history.
Need to get in this one while the timing is right.IMO

[oakslem]

The whole world is supply and demand PGT will make it Check out the history.
Need to get in this one while the timing is right.IMO

[oakslem]

Winter and storms coming soon. Construction should increase . A lot of form T trades [ After hours tradeing]---
On RADAR.

[oakslem]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48546522

[oakslem]

PGT had a good week . Maybe a little sun shine out there .Only a matter of time, till people dd this stock imo

[oakslem]

This is a real outfit and will be around when the building industry get moving
Had friends work for pgt and all were happy to work there' Just a supporter from VENICE FLORIDA

[CaptWhizbang]

Posted by: CaptWhizbang Date: Friday, August 22, 2008 11:16:11 AM
In reply to: None Post # of 164335

PGTI: UP .10 today. Ready to move. Following a Bump and Run Chart Pattern on low volume. Watch this one for next week. May go early...

Maker safety sliding glass doors and windows for homes. Located in Florida has been hit with the recession and has retructured; layoffs, cutbacks, etc. Bouncing back on the news. Also presently being hit with Hurricanes and following need of homeowners to repair.

Last shorters covered yesterday, and indicators are showing consolidation. May be ready to move again significantly. Following a Bump and Run Chart Pattern on low volume.

http://stockcharts.com/h-sc/ui?s=PGTI&p=D&yr=0&mn=4&dy=0&id=p72801802054&a=147849188&listNum=1

[gotinearly]

PGT Reports Record Second Quarter and Year-to-Date 2006 Results

VENICE, Fla.--(BUSINESS WIRE)--Aug. 2, 2006--PGT, Inc. (Nasdaq:PGTI), the leading U.S. manufacturer and supplier of residential impact-resistant windows and doors, today announced record sales and earnings from operations for its quarter ended July 1, 2006.

"We delivered outstanding results in the second quarter by leveraging our competitive strengths and aggressively executing our strategy," said Rod Hershberger, PGT's President and Chief Executive Officer. "Our year-to-date accomplishments were highlighted by the successful completion of our initial public offering and record first half sales of $205.0 million, which represents an increase of 30% over the prior year period. In addition, our adjusted net income in the first half increased by 127% year-over-year after adjusting for items related to the IPO and refinancing transactions."

A reconciliation of non-GAAP financial measures to their GAAP equivalents is attached to this release and can also be found on the company's website.

Second Quarter 2006 Financial Results
-------------------------------------
(See accompanying financial schedules for full financial details and
reconciliations of non-GAAP financial measures to their GAAP
equivalents.)


Total sales for the second quarter were $108.7 million, an increase of 39%, versus $78.2 million for the same period in 2005. This growth is largely due to increased sales volume of our WinGuard(R) Impact-Resistant Windows and Doors.


Gross margin percentage for the second quarter was 43.3%, compared to 35.1% in the same quarter of 2005. The primary drivers of gross margin expansion include an increase in sales of our WinGuard impact-resistant products, which carry a higher margin than our other product lines, as well as overall higher prices and improved manufacturing efficiencies. WinGuard sales represented 65.9% of our total sales for the second quarter of 2006, compared to 51.6% for the second quarter of 2005.


Second quarter net income of $10.0 million grew 169% from $3.7 million for the comparable period of 2005. On an adjusted basis, second quarter net income was $13.0 million, an increase of 239% over the comparable period of 2005.


Diluted weighted average shares outstanding for the second quarter of 2006 were 18,173,432 compared to 17,221,477 for the same quarter last year. The higher share count was due to the company's initial public offering (IPO), which was completed on June 27, 2006, and inclusion of options in the current year that were considered anti-dilutive last year. Assuming the IPO was completed at the beginning of the respective reporting periods, the pro forma diluted weighted average shares outstanding for the second quarters of 2006 and 2005 were 27,932,643 and 27,368,535, respectively.


Net income per diluted share for the second quarter of $0.55 increased from $0.22 for the comparable period of 2005. On an adjusted basis, net income per pro forma diluted share of $0.47 increased from $0.14 for the prior year period.


EBITDA for the second quarter was $27.4 million, an increase of 119%, versus $12.5 million for the comparable period of 2005. On an adjusted basis, EBITDA for the second quarter was $28.4 million, an increase of 122%, versus $12.8 million for the comparable period of 2005.

Commenting on the second quarter results, Jeff Jackson, PGT's Chief Financial Officer, said, "We closed our second quarter on solid financial footing by reporting double digit gains in sales and more than doubling net income for the quarter compared to the prior year. Overall, we benefited from a strong demand for our WinGuard impact-resistant products, price increases, improved operating efficiencies, and leverage of our operating expenses."

First Half 2006 Financial Results
---------------------------------
(See accompanying financial schedules for full financial details and
reconciliations of non-GAAP financial measures to their GAAP
equivalents.)


Total sales for the first half were $205.0 million, an increase of 30%, versus $157.6 million for the same period in 2005. This growth is largely due to increased sales volume of our WinGuard impact-resistant products.


Gross margin percentage for the first half of 2006 was 40.4% compared to 36.3% in the same period of 2005. Gross margin expansion was largely driven by price increases, improved manufacturing efficiencies, and an increase in sales of our WinGuard impact-resistant products, which carry a higher margin than our other product lines.


First half 2006 net income/(loss) was ($4.1) million compared to $8.5 million in the same period in 2005. The loss in 2006 was largely due to the $26.9 million cash payment to option holders in connection with the payment of dividends to our shareholders. On an adjusted basis, first half 2006 net income was $19.8 million, an increase of 127% year-over-year.


Diluted weighted average shares outstanding for the first half of 2006 were 15,950,129, compared to 17,221,477 for the same period last year. The lower share count was largely due to the exclusion of options in the diluted share calculation in 2006 as a result of our net loss position. Assuming the IPO was completed at the beginning of the respective reporting periods, the pro forma diluted weighted average shares outstanding for the first half of 2006 and 2005 were 27,890,530 and 27,368,535, respectively.


EBITDA for the first half was $18.6 million, compared to $26.5 million for the same period of 2005, such decrease was due to the $26.9 million payment to option holders in 2006. On an adjusted basis, EBITDA was $47.0 million, an increase of 74%, versus $27.0 million for the same period in 2005.

Financing Activities
--------------------
(See accompanying financial schedules for full financial details.)


Subsequent to the end of our second fiscal quarter, we repaid $137 million of long term debt through the use of the proceeds generated from our initial public offering of $115 million and cash on hand of $22 million. Following this debt repayment, total outstanding debt was $183 million and cash on hand was $10 million.


On July 27, 2006, IPO underwriters exercised their over-allotment option in full and, on August 1, 2006, purchased 1,323,529 additional shares that generated approximately $17 million in net proceeds for the company which we expect to use to pay down long term debt. Following this debt repayment, we expect total outstanding debt to be approximately $166 million and cash on hand to be $17 million.

Outlook
-------

Commenting on the company's outlook, Mr. Hershberger said, "We exceeded our goals in the first half of 2006 and anticipate a solid back half as demand for our WinGuard products remains robust and we continue to penetrate the active impact-resistant market. We also believe that our enhanced product mix and expanded marketing efforts will drive our top line growth and help maintain our margins."

Mr. Hershberger concluded, "We remain committed to enhancing shareholder value by continuing to leverage our competitive strengths and executing our long-term growth strategy. We believe we are well positioned to continue our positive momentum and look forward to 2007 with confidence."

Conference Call
---------------

As previously announced, PGT will hold a conference call Thursday, August 3, 2006, at 10:30 a.m. Eastern Time and will simultaneously broadcast it live over the Internet. To participate in the teleconference, please dial into the call a few minutes before the start time: 866-510-0705 (U.S. and Canada) and 617-597-5363 Eastern Time (international). A replay of the call will be available from 3:00 p.m. Eastern Time through August 17, 2006. To access the replay, please dial 888-286-8010 (U.S. and Canada) and 617-801-6888 (international). Please refer to pass code 38944732. To access the webcast, go to http://www.pgtinc.com and click on "Investors". The online archive of the webcast will be available for approximately 14 days.

About PGT

PGT® pioneered the U.S. impact-resistant window and door industry and today is the nation's leading manufacturer and supplier of residential impact-resistant windows and doors. PGT is also one of the largest window and door manufacturers in the United States. In its 25th year, the company employs approximately 2,400 at its 485,000-square-foot manufacturing, glass tempering and laminating plants, and delivery fleet facilities in Venice, FL, and its 225,000-square-foot production facility in Lexington, NC. Sold through a network of over 1,300 independent distributors, the company's total line of custom windows and doors is now available throughout the eastern United States, the Gulf Coast and in a growing international market, which includes the Caribbean, South America and Australia. PGT's product line includes PGT® Aluminum and Vinyl Windows and Doors; WinGuard® Impact-Resistant Windows and Doors; Multi-Story Series 800 Windows and Doors; and Eze-Breeze® Sliding Panels.

Use of Non-GAAP Financial Measures

This press release and the financial schedules hereto include financial measures and terms not calculated in accordance with generally accepted accounting principles in the United States (GAAP). We believe that presentation of non-GAAP measures such as adjusted net income, pro forma net income per share, EBITDA and adjusted EBITDA provides investors and analysts with an alternative method for assessing our operating results in a manner that enables investors and analysts to more thoroughly evaluate our current performance compared to past performance. We also believe these non-GAAP measures provide investors with a better baseline for assessing our future earnings potential. The non-GAAP measures included in this release are provided to give investors access to the types of measures that we use in analyzing our results.

Pro forma net income per share consists of GAAP net income per share adjusted for the items included in the accompanying reconciliation. We believe this measure enables investors and analysts to more thoroughly evaluate our current performance as compared to past performance and provides a better baseline for assessing the company's future earnings potential. However, this measure does not provide a complete picture of our operations. Therefore, net income per share and adjusted net income, on both a GAAP and non-GAAP pro forma basis, may need to be considered to get a comprehensive view of our results.

EBITDA consists of GAAP net income adjusted for the items included in the accompanying reconciliation. Adjusted EBITDA consists of EBITDA adjusted for the items included in the accompanying reconciliation. We believe that EBITDA and adjusted EBITDA provide useful information to investors and analysts about the company's performance because they eliminate the effects of period to period changes in taxes, costs associated with capital investments and interest expense. EBITDA and adjusted EBITDA do not give effect to the cash the company must use to service its debt or pay its income taxes and thus do not reflect the funds generated from operations or actually available for capital investments.

Our calculations of pro forma net income per share, EBITDA and adjusted EBITDA are not necessarily comparable to calculations performed by other companies and reported as similarly titled measures. These non-GAAP measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to GAAP measures. Schedules that reconcile adjusted net income, pro forma net income per share, EBITDA and adjusted EBITDA to GAAP net income are included in the financial schedules accompanying this release.

Forward-looking Statements

Statements in this news release and the schedules hereto which are not purely historical facts or which necessarily depend upon future events, including statements about forecasted financial performance or other statements about anticipations, beliefs, expectations, hopes, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based upon information available to PGT, Inc. on the date this release was submitted. PGT, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to the Company's revenues and operating results being highly dependent on, among other things, the homebuilding industry, aluminum prices, and the economy. PGT, Inc. may not succeed in addressing these and other risks. Further information regarding factors that could affect our financial and other results can be found in the risk factors section of PGT, Inc.'s Form S-1 (File No. 333-132365) filed with the Securities and Exchange Commission. Consequently, all forward-looking statements in this release are qualified by the factors, risks and uncertainties contained therein.

Financial Schedules to Follow

PGT, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited - dollars in thousands, except per share amounts)

Three Months Ended Six Months Ended
------------------- -------------------
July 1, July 2, July 1, July 2,
2006 2005 2006 2005
--------- --------- --------- ---------

Net sales $108,689 $ 78,217 $205,044 $157,581
Cost of sales 61,579 50,800 122,213 100,436
--------- --------- --------- ---------
Gross margin 47,110 27,417 82,831 57,145
Stock compensation expense
related to dividend - - 26,898 -
Selling, general and
administrative expenses 23,796 18,482 45,664 37,973
--------- --------- --------- ---------
Income (loss) from
operations 23,314 8,935 10,269 19,172
Other expense, net (357) 157 (766) 77
Interest expense 7,282 3,203 17,641 6,346
--------- --------- --------- ---------
Income (loss) before income
taxes 16,389 5,575 (6,606) 12,749
Income tax expense (benefit) 6,365 1,851 (2,554) 4,234
--------- --------- --------- ---------
Net income (loss) $ 10,024 $ 3,724 $ (4,052) $ 8,515
========= ========= ========= =========

Basic net income (loss) per
common share $ 0.62 $ 0.24 $ (0.25) $ 0.54
Diluted net income (loss) per
common and common equivalent
share $ 0.55 $ 0.22 $ (0.25) $ 0.49
Weighted average common shares
outstanding:
Basic 16,151 15,720 15,950 15,720
Diluted 18,173 17,221 15,950 17,221

PGT, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED BALANCE SHEET
(dollars in thousands)

July 1, December 31,
2006 2005
------------ ------------
ASSETS (unaudited)
Current assets:
Cash and cash equivalents $ 39,692 $ 3,270
Accounts receivable, net 41,508 45,193
Inventories 14,222 13,981
Deferred income taxes 6,497 3,133
Other current assets 12,309 11,360
Subscriptions receivable related to
proceeds from IPO 114,882 -
------------ ------------
Total current assets 229,110 76,937

Property, plant and equipment, net 79,504 65,508
Goodwill 169,648 169,648
Other intangible assets, net 104,703 107,760
Other assets, net 5,753 5,700
------------ ------------
Total assets $ 588,718 $ 425,553
============ ============

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued expenses $ 34,763 $ 31,137
Current portion of long-term debt 2,050 -
------------ ------------
Total current liabilities 36,813 31,137
Long-term debt less current portion 317,437 183,525
Deferred income taxes 54,319 54,320
------------ ------------
Total liabilities 408,569 268,982

------------ ------------
Total shareholders' equity 180,149 156,571
------------ ------------
Total liabilities and shareholders' equity $ 588,718 $ 425,553
============ ============

PGT, INC. AND SUBSIDIARY
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO
THEIR GAAP EQUIVALENTS
(unaudited - dollars and shares in thousands,
except per share amounts)

Three Months Ended Six Months Ended
---------------------------------------
July 1, July 2, July 1, July 2,
2006 2005 2006 2005
--------- --------- --------- ---------
Reconciliation to Adjusted Net
Income and Adjusted Net Income
per Share:

Net income / (loss) $ 10,024 $ 3,724 $ (4,052) $ 8,515
Reconciling items:
Cash payment to stock option
holders (1) - - 26,898 -
Write-off of unamortized debt
issuance costs in connection
with the February 2006
refinancing (2) - - 4,617 -
Reduction / (increase) in
interest expense assuming
February 2006 debt
refinancing and repayment of
debt with IPO proceeds
were completed at the
beginning of each period (2) 3,897 (69) 5,941 (135)
Management fee (3) 973 253 1,434 491
Tax effect of reconciling
items at 38.6% (1,880) (71) (15,012) (137)
--------- --------- --------- ---------
Adjusted net income $ 13,014 $ 3,837 $ 19,826 $ 8,734
========= ========= ========= =========

Weighted average shares
outstanding:
Diluted shares 18,173 17,221 15,950 17,221
Incremental shares for IPO
(4) 9,759 10,147 9,953 10,147
Incremental shares for stock
incentive awards (5) - - 1,987 -
--------- --------- --------- ---------
Pro forma diluted shares 27,933 27,369 27,891 27,369
========= ========= ========= =========
--------- --------- --------- ---------
Adjusted net income per pro
forma share - diluted $ 0.47 $ 0.14 $ 0.71 $ 0.32
========= ========= ========= =========

Reconciliation to EBITDA and
Adjusted EBITDA:
Net income / (loss) $ 10,024 $ 3,724 $ (4,052) $ 8,515
Reconciling items:
Depreciation and amortization
expense 3,772 3,748 7,591 7,390
Interest expense 7,282 3,203 17,641 6,346
Income tax expense /
(benefit) 6,365 1,851 (2,554) 4,234
--------- --------- --------- ---------

EBITDA 27,443 12,526 18,626 26,485
Add: Cash payment to stock
option holders (1) - - 26,898 -
Management fee (3) 973 253 1,434 491
--------- --------- --------- ---------
Adjusted EBITDA $ 28,416 $ 12,779 $ 46,958 $ 26,976
========= ========= ========= =========
Adjusted EBITDA as
percentage of sales 26.1% 16.3% 22.9% 17.1%


(1) Represents cash payment made to stock option holders (including
applicable payroll taxes) in lieu of adjusting exercise prices in
conjunction with the payment of dividends to our shareholders.
This amount is included as a separate line item in the
consolidated statement of operations of which $5,069 and $21,829
related to cost of sales and selling, general and administrative
expenses, respectively.

(2) This amount is included in interest expense.

(3) Represents management fees paid to our majority stockholder.
Since consummating the initial public offering, these fees will no
longer be paid. The fees are included in selling, general and
administrative expenses.

(4) Represents incremental shares related to the company's IPO
assuming 10,147 shares sold by the company (including the
over-allotment option of 1,324 shares) were issued at the
beginning of the respective periods.

(5) Represents incremental shares for stock options that were excluded
in the calculation of earnings per share for the six months ended
July 1, 2006 because their effect would have been anti-dilutive.

CONTACT: PGT, Inc., Venice
Jeffrey T. Jackson, 941-486-0100, extension 22786
[e-mail]

SOURCE: PGT, Inc.

[gotinearly]

Wow, this IPO is doing very well. Check out the link in the header. I am very familiar with this company and have watched it (local company for me) grow from a small window company to very nice size public company with thousands of employees. This is the real deal.