July 26, 2011

Announcing Our Second Quarter Results

Today we reported our results for the second quarter 2011:

  • Operating income for the quarter was $86 million, resulting in a 7.5% operating margin, compared to operating income of $95 million and a 10.2% operating margin in the second quarter of 2010.
  • Pre-tax income of $43 million in the second quarter. This compares to pre-tax income of $52 million in the second quarter of 2010.
  • Net income for the second quarter was $25 million, or $0.08 per diluted share. This compares to our second quarter 2010 net income of $31 million, or $0.10 per diluted share.

Learn more about our second quarter earnings via our press release

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