LSB INDUSTRIES INC &lt;LSB> 4TH QTR NET

  Shr profit five cts vs loss 2.11 dlrs
      Net profit 375,061 vs loss 10.4 mln
      Revs 39.9 mln vs 37.8 mln
      Avg shrs 6,536,008 vs 4,939,895
      12 mths
      Shr profit 47 cts vs loss 3.37 dlrs
      Net profit 2,837,288 vs loss 16.6 mln
      Revs 169.1 mln vs 149.4 mln
      Avg shrs 6,037,640 vs 4,937,378
      NOTE: primary earnings per share are based on the weighted
  average number of common and dilutive common equivalent shares
  outstanding during each period after accounting for preferred
  stock dividends.
      The qtr and year 1985 includes a 6,000,000 provision for
  restructuring costs related to the sale of its Energy business
  and parts of its Bearing business.
      The qtr and year 1986 includes charges of 1,200,000 and
  5,200,000, respectively, for restructuring costs and operating
  losses which were charged against the previously provided
  accruals for restructuring costs.
      The qtr and year 1986 includes deferred income taxes of
  244,000 and 785,000, respectively.
      Year net 1986 includes operations of Friedrich Climate
  Master Inc, which the company acquired in August 1985, for the
  full period, while the comparable period for 1985 includes only
  operations from August 16, 1985, to Dec 31, 1985.
      Third qtr 1986 Includes extraodinary tax gain of 270,000 
  from early extinquishment of certain drafts payable.
  

