BNET Industries

Last Fiscal Year Sales:$300.0M
  • Private
  • US
Dow Jones Description

In accordance with accounting principles generally accepted in the United States of America (GAAP), we record most of our assets at the lower of cost or fair value. In the case of some of our assets, principally accounts receivable, inventories and deferred income taxes, we make adjustments to their costs or fair values to arrive at what we expect to be able to collect on outstanding accounts receivables, the amounts at which we expect to be able to sell our inventories and the amounts of available income tax benefits that we will be able to use to reduce our future income tax liability. Those adjustments are made on the basis of a number of different factors, including judgments or assumptions we make regarding economic and market conditions and trends and their impact on our financial performance, and those judgments and assumptions are, in turn, based on current information available to us. If those conditions or trends were to change in ways that we did not expect, then based on our assessment of how those changes will affect the prospects for realizing the values at which we have recorded these assets, we may be required, pursuant to GAAP, to further adjust the carrying values at which we record these assets for financial reporting purposes. Any resulting downward adjustments are commonly referred to as write-downs in the carrying values of the assets affected by the changed conditions.

President, Chief Executive Officer and Director
Jim Musbach
Number of Employees 374
Contact Information

350 Woodview Ave

Morgan Hill, California 95037

www.coastdistri...

1 408 782 6686

NAICS Code Recreational Vehicle Dealers: 441210

News & Analysis

coast distribution - All News and Analysis

Decision Makers

Name (plus bio) Position
Jim Musbach President, Chief Executive Officer and Director
Stephan C Lussier President, the Coast Distribution System (Canada), Inc.
Sandra A Knell Executive Vice President, Finance, Chief Financial Officer
David A Berger Executive Vice President, Operations
Dennis A Castagnola Executive Vice President, Product Development
Keith Brittingham Purchasing Manager
Leonard P Danna Certified Public Accountant

Board of Directors

Name (plus bio) Position
Thomas McGuire Chairman of the Board and Chief Executive Officer
Ben A Frydman Board of Directors
John W Casey Board of Directors
Robert S Throop Board of Directors

Organization Position Status
Coast Distribution President, Chief Executive Officer and Director Current
Coast Distribution Board of Directors Current
Raytek Corporation Former

Organization Position Status
Coast Distribution Chairman of the Board and Chief Executive Officer Current

Organization Position Status
Coast Distribution President, the Coast Distribution System (Canada), Inc. Current

Organization Position Status
Coast Distribution Executive Vice President, Finance, Chief Financial Officer Current

Organization Position Status
Coast Distribution Executive Vice President, Operations Current
Coast Distribution Executive Vice Presdient Former

Organization Position Status
Coast Distribution Executive Vice President, Product Development Current

Organization Position Status
Coast Distribution Purchasing Manager Current

Organization Position Status
Coast Distribution Certified Public Accountant Current
Coast Distribution Director Current

Organization Position Status
Coast Distribution Board of Directors Current

John W. Casey has served as a director of the Company since August 1998. From 1980 and until his retirement in 1994, Mr. Casey was President and Chief Executive Officer of Shurflo Pump Mfg. Company ( Shurflo ), which is engaged in the manufacture and sale of pumps used in pumping and circulating water or other liquids in a variety of products and equipment, including recreational vehicles and soft drink dispensing machines. Mr. Casey also serves as a director of the Deschutes Basin Land Trust.

Organization Position Status
Deschutes Basin Land Trust Director Current
Coast Distribution Board of Directors Current

Organization Position Status
Coast Distribution Board of Directors Current
Azerity, Inc. Director Current
Arrow Electronics, Inc. Board of Directors Former
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