BNET Industries

Market Cap:$112.4M
Last Fiscal Year Sales:$535.1M
  • Public
  • US
Dow Jones Description

Founded in 1917 as a street corner newsstand in Florence, Alabama, Books-A-Million, Inc. has grown to become the premier book retailing chain in the Southeastern United States, and the third largest book retailer in the nation. Based in Birmingham, Alabama, the company currently operates more than 200 stores in 19 states and the District of Columbia. In addition to its primary retail component, the corporation includes a book wholesale and distribution subsidiary, American Wholesale Book Company, an e-commerce division operating as BOOKSAMILLION.COM, and an internet development and services company, NetCentral, in Nashville, Tennessee.

Chairman and Chief Executive Officer
Clyde B. Anderson
Number of Employees 2,800
Contact Information

402 Industrial Ln

PO Box 19768

Birmingham, Alabama 35211-4465

booksamillionin...

(205) 942-3737

NAICS Code Book Stores: 451211

Recent Events

  • Books-A-Million posts smaller Q3 loss

    11/23/09 - Financial Announcement - View Story

  • Books-A-Million Opens First Location in New Jersey

    11/17/09 - Site Opening - View Story

  • Books-A-Million 2Q earnings double

    8/24/09 - Financial Announcement - View Story

  • Books-a-Million Inc. Announces Management Promotions

    8/24/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

books-a-million inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Sandra B. Cochran President
Brian W. White Interim Chief Financial Officer and Secretary
Douglas G. Markham Chief Financial Officer
Richard S. Wallington CFO
Susan Harwood Vice President, Information Technology
J. Barry Mason Director and Dean, Culverhouse College of Commerce, The University of Alabama
Albert C. Johnson Director
Ronald G. Bruno Director
Terrance G. Finley President

Board of Directors

Name (plus bio) Position
Clyde B. Anderson Chairman and Chief Executive Officer
Terrence C. Anderson Board of Directors
Terry C. Anderson Board Member
William H. Rogers Board of Directors

Clyde B. Anderson has served as the Chairman and Chief Executive Officer of the Company since March 2009. Mr. Anderson was re-elected to the position of Chief Executive Officer upon the resignation of Sandra B. Cochran from that position in March 2009. He served as the Executive Chairman of the Board of Directors from February 2004 to March 2009. He has served as a director of the Company since August 1987. Mr. Anderson has served as the Chairman of the Board of Directors since January 2000 and also served as the Chief Executive Officer of the Company from July 1992 until February 2004. Mr. Anderson also served as the President of the Company from November 1987 to August 1999. From November 1987 to March 1994, Mr. Anderson served as the Company's Chief Operating Officer. Mr. Anderson is the brother of Terry C. Anderson, a member of the Company's Board of Directors.

Organization Position Status
Books-A-Million, Inc. Chairman and Chief Executive Officer Current

Organization Position Status
Books-A-Million, Inc. Chief Executive Officer Former
Books-A-Million, Inc. Secretary Current
Books-A-Million, Inc. Chief Financial Officer Former
Books-A-Million, Inc. Executive Vice President Former
SunTrust Securities, Inc. Vice President Former
Books-A-Million, Inc. Assistant Secretary Former

Brian W. White has served as the Interim Chief Financial Officer of the Company since January 2, 2009. Prior to his appointment as Interim Chief Financial Officer upon the deployment of Douglas G. Markham to military service, Mr. White served as the Vice President Controller of Books-A-Million upon joining the Company in October 2007. Mr. White is scheduled to serve as Interim Chief Financial Officer until Mr. Markham returns to Birmingham, Alabama from active military service. Prior to joining the Company, Mr. White was the Southeast Regional Product Line Controller for the Ready Mix division of Lafarge North America from September 2003 to October 2007. Prior to September 2003, Mr. White was employed by Saks, Inc. for approximately five years where he held various positions including Director of Corporate Accounting. The section under the heading "Code of Business Conduct and Ethics" included in the Proxy Statement of the Company for the Annual Meeting of Stockholders to be held May 21, 2009 is incorporated herein by reference.

Organization Position Status
Books-A-Million, Inc. Interim Chief Financial Officer and Secretary Current
Books-A-Million, Inc. Vice President Controller Former

Organization Position Status
Books-A-Million, Inc. Chief Financial Officer Current
Books-A-Million, Inc. Director Current

Organization Position Status
Books-A-Million, Inc. CFO Current
Books-A-Million, Inc. CFO Current

Organization Position Status
Books-A-Million, Inc. Vice President, Information Technology Current
Borders Group, Inc. Chief Information Officer Former

Organization Position Status
Books-A-Million, Inc. Director and Dean, Culverhouse College of Commerce, The University of Alabama Current
Books-A-Million, Inc. Director Current
The University of Alabama Interim President Former

Albert C. Johnson has served as director of the Company since August 2005. Mr. Johnson is an independent financial consultant and a retired CPA. He retired from Arthur Andersen LLP in 1994 after a 30-year career. Mr. Johnson most recently served as Senior Vice President and Chief Financial Officer of Dunn Investment Company from 1994 to 1998. Mr. Johnson has served as a director of Hibbett Sports, Inc., a sporting goods retailer, since March 2008. He also is a director of Regions Morgan Keegan Mutual Funds. Mr. Johnson has been determined to be independent by the Board as defined by NASDAQ listing standards.

Organization Position Status
Hibbett Sports, Inc. Director Current
Books-A-Million, Inc. Director Current

Organization Position Status
Books-A-Million, Inc. Director Current

Array

Organization Position Status
Hibbett Sports, Inc. Board of Directors Current
Books-A-Million, Inc. Director Current
Books-A-Million, Inc. Executive Vice President Former
Books-A-Million, Inc. General Manager Former

Organization Position Status
Books-A-Million, Inc. Board of Directors Current

Organization Position Status
American Promotional Events, Inc. Chief Executive Officer Current
American Promotional Events, Inc. President Current
Books-A-Million, Inc. Board Member Current
American Promotional Events, Inc. Director Former

Organization Position Status
Books-A-Million, Inc. Board of Directors Current

Executive News

  • Books-a-Million Inc. Announces Management Promotions

    InternetRetailer.com - 8/24/09 - View Story

  • Books-A-Million 2Q earnings double

    Examiner.com - 8/24/09 - View Story

  • Books-A-Million 2Q earnings double

    CNBC - 8/20/09 - View Story

  • Books-A-Million Announces Management Promotions; Co Names Brian White CFO - Quick Facts

    RTTNews.com - 8/20/09 - View Story

  • Profits up 134% at Books-A-Million

    Biz Journals - 8/20/09 - View Story

  • Books-A-Million, Inc. Announces Higher Second Quarter Earnings

    Business Wire - 8/20/09 - View Story

  • Books-A-Million, Inc. Announces Management Promotions

    Business Wire - 8/20/09 - View Story

  • Books-A-Million (BAMM) Announces Several Executive Management Changes

    Street Insider - 8/20/09 - View Story

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     BAMM $7.15 -0.26 (-3.51% )
Average Volume 96,658
Shares Outstanding 15.73M
Market Cap 112.4M
Year High 15
Year Low 1.81
Earnings Per Share 0.83
P/E Ratio 8.61
Dividend 0.20
Yield 2.80
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