Today we reported our results for the first quarter 2013:
- Operating income for the quarter was $59 million, resulting in a 4.5% operating margin, compared to operating income of$89 million and a 7.4% operating margin in the first quarter of 2012.
- Pre-tax income of $23 million in the first quarter. This compares to pre-tax income of $49 million in the first quarter of 2012.
- Net income for the first quarter was $14 million, or $0.05 per diluted share. This compares to our first quarter 2012 net income of $30 million, or $0.09 per diluted share.