Bell Industries, Inc. (fka BLLI)

[badman]

BLLI Bell Industries

Nine Months Ended September 30, 2011 Compared to Nine Months Ended September 30, 2010
Revenues from continuing operations for the first nine months of 2011 were $92.9 million, up 3.1% from $90.2
million in the first nine months of 2010, with a $0.2 million increase in revenues related to the company’s
Recreation Products Group segment and a $2.6 million increase in revenues related to the company’s Bell Techlogix
business. The company had net income of $1.8 million for the first nine months of 2011, an improvement over the
prior year period net income of $0.9 million.
The company’s Recreational Products Group reported revenues of $32.1 million for the first nine months of 2011,
compared with $31.9 million in the prior year period. The 0.6% increase in revenues was attributed primarily to
slight growth in Marine product lines, decreased sales in the Snowmobile product lines, and flat trends in the RV
product lines.