Tulsa bookseller tops service sector company rankings
Tulsa's Educational Development Corp., which publishes Usborne Books, was Oklahoma's top-rated service company for the year.
Investors in the educational materials company saw their total returns of 145 percent, including stock and dividends.
Oklahoma Inc. rankings analyze company financial results through June 30.
Educational Development Corp. saw revenue grow 119 percent and earnings per share grow by 156.5 percent over the previous year.
In August, Educational Development Corp. reached record net revenues of $10 million, compared to $5 million last year.
Usborne Books & More, the company's direct sales division saw the most growth over the year, with net revenues of $9.1 million, compared to $3.9 million a year ago.
The company is experiencing extraordinary growth and ended the third quarter with a backlog of more than $4 million of orders to be shipped. Since December 1, 2015,
Educational Development Corp. recently and moved to a new 40-acre property with a 401,000 sq. ft. office and warehouse building complex.
"There are a number of challenges we have faced as we adjusted to our rapid growth, while simultaneously preparing to meet sustained high demand in the months ahead," said Randall White, chairman, president and CEO of Educational Development Corp. "With our new facility and additional equipment, we have now doubled the number of daily shipments we can process, compared to our previous facility."
Oklahoma City-based Paycom Software Inc. came in second place in the services sector for the year. The human resources software company saw its one-year total returns for investors grow by 26.5 percent.
The tech company, saw its revenues grow by 53.9 over the previous year. Earnings per share grew by 112.9 percent over the previous year.
Paycom is gearing up to begin construction on a fourth building at its northwest Oklahoma City campus after several years of rapid growth. The company expects to hire 1,090 people over the next five years. Paycom had 1,461 employees at the end of 2015.
Rounding out the top three, Sonic Drive-In franchisor Sonic Corp. saw it revenue grow by 4.2 percent and earnings per share grow by 21.5 percent over the year.
For the fiscal year ended Aug. 31, Sonic saw 2.6 percent same-store sales growth systemwide.
Sonic opened 19 new drive-ins in the fourth quarter and 53 new drive-ins in the 2016 fiscal year.