2008 3rd Quarter Profit Sharing Calculation
PROFIT SHARING 2008

THIRD QUARTER
 EBITDA  $           
 EDITDA PER TON  $                     
 TONS SHIPPED                      
 PROFIT SHARING POOL $              
 TOTAL HOURS WORKED                 
AMOUNT PER HOUR  $                          5.12 
 AMOUNT FOR 40 HOURS  $                      2,662.40 
 AMOUNT FOR 48 HOURS 

$                      3,194.88

 CONTRIBUTIONS TO VEBA 

$              

EBITA= ADJUSTED EARNINGS BEFORE INTEREST ,TAXES,DEPRECIATION,AND AMORTIZATION
Profit Sharing Pool Formula
percent of profits EDITDA (profit) / ton
0%   $0       to $24.99
5%   $25.00 to $49.99
7.50%   $50.00 to $69.99
10%   $70.00    and above

 

 Click on icon to get the complete 2007-2008 Profit Sharing calculations.