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Prospector
Profile
07.1207
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| Movie Gallery, Inc. |
NAICS |
532230 |
| 900 West Main St.
Dothan, AL 36301 |
Description |
Video Rental |
| (334) 677-2108 |
Employees |
41400 |
| http://www.moviegallery.com/ |
Revenue |
(mil) |
2541.9330 |
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Income |
(mil) |
-25.7200 |
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Assets |
(mil) |
1153.2770 |
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Liability |
(mil) |
1389.7080 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Move Gallery Inc.'s consolidated balance sheet at July 1, 2007, showed $892.0 million in total assets, $1.45 billion in total liabilities, resulting in a $560.3 million total stockholders' deficit. The company's consolidated balance sheet at July 1, 2007, also showed strained liquidity with $291.1 million in total current assets available to pay $1.42 billion in total current liabilities. Movie Gallery reported a net loss of $309.9 million and an operating loss of $282,245 for the second quarter ended July 1, 2007, compared with a net loss of $14.9 million and an operating income of $14.2 million for the second quarter ended July 2, 2006.
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Intellectual Property:
The Company’s registered trademarks include "Hollywood Video" and "Game Crazy." The Company considers the service marks important to its continued success. [SEC Filing 10-K 03-16-07]
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Description:
The Company operates home video retail stores that rent and sell movies and video games in North America.
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Officers:
J.T. Malugen (Chair, Pres. & CEO); H. Harrison Parrish (Vice Chair); Jeffrey S. Stubbs (EVP & COO); S. Page Todd (EVP, Gen. Counsel, Sec. & Gen. Compliance Officer); Mark S. Loyd (EVP & Chief Admin. Officer); Keith A. Cousins (EVP); Thomas D. Johnson, Jr. (SVP & CFO); Ivy M. Jernigan (SVP); Mark D. Moreland (VP & Treas.); William B. Snow (Dir.); John J. Jump (Dir.); James C. Lockwood (Dir.)
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Auditor:
Ernst & Young LLP
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Securities:
Common Stock-Symbol MOVI; NasdaqGM;
31,838,901 common shares outstanding as of January 17, 2007.
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