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WSI Industries, Inc. (WSCI) Message Board

  • cpa38 cpa38 Oct 24, 2013 5:43 PM Flag

    Fail 5

    Pigs at the trough: "Included in selling and administrative cost was non-cash stock option compensation expense of $247,000, $198,000 and $205,000 in fiscal 2013, 2012 and fiscal 2011, respectively. "

    So, $650 K in executive bonuses over a 3 year period where only $3 M went to the bottom line? 20% goes to mgt? For what? Terrible financial performance? Pay for pathetic performance. Right. Got it.

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