<SEC-DOCUMENT>0001193125-15-393109.txt : 20151202
<SEC-HEADER>0001193125-15-393109.hdr.sgml : 20151202
<ACCEPTANCE-DATETIME>20151202151909
ACCESSION NUMBER:		0001193125-15-393109
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20151201
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20151202
DATE AS OF CHANGE:		20151202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POWELL INDUSTRIES INC
		CENTRAL INDEX KEY:			0000080420
		STANDARD INDUSTRIAL CLASSIFICATION:	SWITCHGEAR & SWITCHBOARD APPARATUS [3613]
		IRS NUMBER:				880106100
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12488
		FILM NUMBER:		151264561

	BUSINESS ADDRESS:	
		STREET 1:		8550 MOSLEY DR
		STREET 2:		POST OFFICE BOX 12818
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77075
		BUSINESS PHONE:		7139446900

	MAIL ADDRESS:	
		STREET 1:		8550 MOSLEY DRIVE P O BOX 12818
		STREET 2:		8550 MOSLEY DRIVE P O BOX 12818
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77075

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PROCESS SYSTEMS INC
		DATE OF NAME CHANGE:	19780926
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d75594d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>WASHINGTON, DC 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT
TO SECTION 13 OR 15(d) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>OF THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>DATE OF REPORT: December&nbsp;1, 2015 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Date of earliest event reported) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>POWELL
INDUSTRIES, INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact Name of Registrant as Specified in Its Charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Delaware</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>001-12488</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>88-0106100</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of incorporation or organization)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification Number)</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>8550 Mosley Road<BR>Houston, Texas</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>77075-1180</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of Principal</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Executive Offices)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(713) 944-6900 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s Telephone Number, Including Area Code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>N/A </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former Name or
Former Address, if Changed Since Last Report) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR240.14a-12) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Action (17CFR240.14D-2(b)) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c)) </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;2.02 &#150; Results of Operations and Financial Condition </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On December&nbsp;1, 2015, Powell Industries, Inc. (NASDAQ: POWL) issued a press release regarding the Company&#146;s results of operations for its year ended
September&nbsp;30, 2015. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The information in this
Current Report, including the exhibit, is being furnished pursuant to Item&nbsp;2.02 of Form 8-K and General Instruction B.2 thereunder. The information in this Current Report shall not be deemed &#147;filed&#148; for the purposes of Section&nbsp;18
of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be deemed incorporated by reference into any registration statement or other document
pursuant to the Securities Act of 1933, as amended. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;9.01 &#150; Financial Statements and Exhibits </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(d) Exhibits. The following exhibit is furnished as part of this Report. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="41%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; width:28.45pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Description</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman" ALIGN="center">99.1</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Press Release dated December&nbsp;1, 2015</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3">POWELL INDUSTRIES, INC.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: December 2, 2015</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ DON R. MADISON</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Don R. Madison</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Executive Vice President</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Chief Financial and Administrative Officer</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">(Principal Financial Officer)</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d75594dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Exhibit 99.1 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g7559422222.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="35%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B>FOR IMMEDIATE RELEASE</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">Contacts:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Don R. Madison, CFO</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Powell Industries, Inc.</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">713-947-4422</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>POWELL INDUSTRIES ANNOUNCES FISCAL 2015 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FOURTH QUARTER AND YEAR-END RESULTS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">HOUSTON &#151; DECEMBER 1, 2015 &#151; Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control
and distribution of electrical energy, today announced results for the fiscal 2015 fourth quarter and year ended September&nbsp;30, 2015. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Revenues from continuing operations for the fourth quarter of fiscal 2015 were $162.3 million compared to revenues of $162.8 million for the
fourth quarter of fiscal 2014. Net income for the fourth quarter of 2015 was $6.3 million, or $0.54 per diluted share, compared to net income of $2.4 million, or $0.20 per diluted share, in the fourth quarter of fiscal 2014. Excluding special items,
net income for the fourth quarter of fiscal 2015 was $5.2 million, or $0.45 per diluted share. A reconciliation of this non-GAAP financial measure to net income is included in the financial tables below. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Michael A. Lucas, President and Chief Executive Officer, stated, &#147;Fourth quarter performance was in line with our expectations as we
recognized revenue from several large projects moving through production. We continued to see improvement in our operational efficiency, although we are incurring some premium costs to meet customer commitments. Entering the new fiscal year, we
expect to see continued efficiency enhancement and operational improvement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;We ended our fiscal 2015 with solid revenues and a
healthy backlog. However, bookings reflect the lagging effect of reduced capital spending levels in the energy markets. Capital spending remains depressed and uncertain.&nbsp;We expect little change in the oil and gas industry outlook in fiscal
2016.&#148; </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">New orders placed during the fourth quarter of fiscal 2015 totaled $92 million compared to $193
million in the third quarter of fiscal 2015 and compared to $199 million in the fourth quarter of fiscal 2014. The Company&#146;s backlog as of September&nbsp;30, 2015 was $441 million compared to $518 million as of June&nbsp;30, 2015 and compared
to $507 million at the end of last year&#146;s fourth quarter. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>FISCAL 2015 RESULTS </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Revenues for fiscal 2015 were $661.9 million compared to revenues of $647.8 million for fiscal 2014. Income from continuing operations for
fiscal 2015 was $9.4 million, or $0.79 per diluted share, compared to income from continuing operations of $19.6 million, or $1.62 per diluted share, in fiscal 2014. Excluding special items, income from continuing operations for fiscal 2015 was
$15.4 million, or $1.29 per diluted share. A reconciliation of this non-GAAP financial measure to net income is included in the financial tables below. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>OUTLOOK </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following statements are
based on the current expectations of the Company. These statements are forward-looking, and actual results may differ materially as further elaborated in the last paragraph below. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Based on its backlog and current business conditions, Powell Industries currently expects full year fiscal 2016 revenues to range between $520
million and $560 million and full year fiscal 2016 adjusted earnings to range between $0.65 and $1.05 per diluted share. Fiscal 2016 earnings outlook excludes costs the Company may incur during the year for restructuring and separation costs. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>CONFERENCE CALL </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Powell Industries has
scheduled a conference call for Wednesday, December&nbsp;2, 2015 at 11:00 a.m. eastern time. To participate in the conference call, dial 412-902-0030 at least 10 minutes before the call begins and ask for the Powell Industries conference call. A
replay of the call will be available approximately two hours after the live broadcast ends and will be accessible until December&nbsp;9, 2015. To access the replay, dial 201-612-7415 using a passcode of 13624069#. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Investors, analysts and the general public will also have the opportunity to listen to the
conference call over the Internet by visiting <U>powellind.com</U>. To listen to the live call on the web, please visit the website at least fifteen minutes before the call begins to register, download and install any necessary audio software. For
those who cannot listen to the live webcast, an archive will be available shortly after the call and will remain available for approximately 90 days at powellind.com. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Powell Industries, Inc., headquartered in Houston, engineers packaged solutions and systems for the management, control and distribution of
electrical energy. Powell markets include large industrial customers such as utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations and commuter railways. For more information, please visit
<U>powellind.com</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements.
In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw
materials and execution of business strategy. For further information, please refer to the Company&#146;s filings with the Securities and Exchange Commission, copies of which are available from the Company without charge. </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>This press release contains references to certain non-GAAP financial measures discussed above. Please see the financial table below for more details on
these non-GAAP financial measures, including a reconciliation of these non-GAAP financial measures to net income and the reasons management believes these measures are useful to investors. </I></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>POWELL INDUSTRIES, INC. &amp; SUBSIDIARIES </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><B>Three Months Ended</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><B>Years Ended</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center"><B></B>(In thousands, except per share data)<B></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center"><B></B>(Unaudited)<B></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">162,325</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">162,847</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">661,858</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">647,814</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cost of goods sold</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132,378</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">137,101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">553,597</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">522,340</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gross profit</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29,947</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25,746</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108,261</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125,474</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Selling, general and administrative expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18,508</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21,012</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">76,801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87,756</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Restructuring and relocation expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">659</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,397</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Research and development expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,872</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,821</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,980</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,608</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Amortization expense</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">779</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Operating income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,818</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20,648</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29,331</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(509</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(508</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,402</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,522</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest expense</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">178</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(86</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income from continuing operations before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,291</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,272</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22,991</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30,688</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income tax provision</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,979</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">843</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13,552</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,068</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income from continuing operations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,312</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,429</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,439</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19,620</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income from discontinued operations, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,604</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Net income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,312</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,429</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,439</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29,224</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Earnings per share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Continuing operations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Discontinued operations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Basic earnings per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Continuing operations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Discontinued operations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Diluted earnings per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Weighted average shares:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,619</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,015</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,869</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,003</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,669</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,071</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,908</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,058</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">SELECTED FINANCIAL DATA:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Depreciation and Amortization</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,316</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,737</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13,555</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12,165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Capital Expenditures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">473</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,199</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">34,719</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16,495</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>POWELL INDUSTRIES, INC.&nbsp;&amp; SUBSIDIARIES </B></P>
<P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>CONDENSED CONSOLIDATED BALANCE SHEETS </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>September&nbsp;30,<BR>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>September&nbsp;30,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center"><B></B>(In thousands)<B></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><B>(Unaudited)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Current assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">297,099</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">357,327</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Property, plant and equipment (net)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">154,594</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">156,896</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Long-term assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17,131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27,220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">468,824</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">541,443</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Liabilities&nbsp;&amp; equity:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Current liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">124,952</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">158,099</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Long-term debt, net of current maturities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Deferred and other long-term liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,210</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,447</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Stockholders&#146; equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">333,262</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">371,097</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Total liabilities and stockholders&#146; equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">468,824</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">541,443</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>POWELL INDUSTRIES, INC.&nbsp;&amp; SUBSIDIARIES </B></P>
<P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>NON-GAAP NET INCOME RECONCILIATION </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><B>Three Months Ended</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><B>Years Ended</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"><B></B>(In thousands)<B></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sept&nbsp;30,&nbsp;2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center">(Unaudited)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center">(Unaudited)</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Net Income:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income from continuing operations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,312</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,429</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,439</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19,620</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income tax reserve release (FIN 48)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4,149</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sales&nbsp;&amp; use tax audit, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(721</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(721</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Restructuring and separation costs, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">484</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,691</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Canadian tax valuation allowance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(857</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,139</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Non-GAAP net income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,218</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,429</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15,399</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19,620</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Diluted shares outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,669</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,071</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,908</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,058</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Diluted Earnings Per Share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Earnings per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Non-GAAP earnings per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>For all periods presented, the Company defines non-GAAP net income as net income from continuing operations which excludes:
1) the Income tax reserve release (FIN 48); 2) Sales and use tax audit, net of tax; 3) Restructuring and separation costs, net of tax; and 4) the Canadian tax valuation allowance. Non-GAAP financial measures should not be considered a substitute
for, or superior to, measures of financial performance prepared in accordance with GAAP. However, the Company believes by excluding these items, these non-GAAP financial measures are helpful in comparing the historical results to current results and
measuring operating earnings trends. </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>These adjustments are summarized below: </I></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B><I>Income tax reserve release</I></B>&#150; In the second quarter of Fiscal 2015, we released an income tax reserve of $4.1 million for R&amp;D tax credits upon the closing of an IRS audit. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B><I>Sales and use tax audit, net of tax </I></B>&#150; In the fourth quarter of Fiscal 2015, we recorded a benefit of $0.7 million following the conclusion of a state sales and use tax audit. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B><I>Restructuring and separation costs, net of tax </I></B>&#150; In Fiscal 2015, we incurred restructuring and separation costs of approximately $0.5 million in the fourth quarter and $2.7 million year-to-date to
align our operating cost structure with expected market conditions. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><B><I>Canadian tax valuation allowance </I></B>&#150; In Fiscal 2015, we established a valuation allowance against the Canadian deferred tax assets of approximately $9.0 million in the second quarter and recorded a
fourth quarter adjustment of ($0.9 million). This valuation allowance was recorded because we believe that we may not be able to realize the benefits of the deductible differences based on the historical Canadian losses. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I># # # </I></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g7559422222.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g7559422222.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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MY]14"/Y1O#/_ "<EX?\ ^RX:5_ZGD%,I[']7-(D* "@ H * "@ H * "@ H
M* "@ H * "@ H * "@!DDB0QO+(P2.)&D=V(541%+,S$\ !022?2LZU6&'HU
M:]5\M.A"52;[1A%RD_DDRH0E.4:<$Y3DU&,5NVW9))=6]$?R5?"ZWC_:Q_X*
M76VL10B?0/$'QLU?QM*8(&2(^$/!%U<:Q8FX$0/E_:=+T+3[=Y&(W2WN2=SU
MV< T98/"1S"K'DJ8# XK,IPGHX8O&2?LHQ6BO1Q^.I-1>G+3:UV>?';C*OB<
MKI.,77K83)[2?M/:T\/"EA,7.#C92<\)AL37A:\8+5MQ@V?JS_P65\-?#^7]
MG+0O%>L:5I2^/K'Q_H6C^#];^SQ)K9MKZUU.XUS2EO$433:6^GV;W#V\C&(2
MVEO( )%4U\YC+TLXR?ZO[M3$/$K$J.T\-2P[:E46S]EB'AHTYOWH>UE"+4:L
MU+VL$G4RS.%5M*EAJ-"='G?\/$2Q=""5*[3YYT)8ERA&ZE",IRBW2C*'._\
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M>+_BEJD7Q/7Q%/HNJWFJPWUE<6UG#X:>&YN_%=Y)JM[+8QRW=C 9H'>6=!&
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M7-(D* "@ H * "@ H * "@ H * "@ H * "@ H * "@#\1_^"UGQ431OA?\
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MFUE4N]261U_UHM 8-/B?O#IL.><UBW^!_1?#N5K*<IPF%M:I;VE7^].>K_\
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M7*F>\3_LW^+9O#,/A%?VL_VF;/1;;3(-(M_[*D_9^T;6(+&VM!90+#XETGX
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M<XVQ&,:JS\DU[D?E'7YGVH./P_I4;>5CZ_;RL% !0 4 % !0 4 % !0 4 %
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M@84 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0!__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
