Okay. everyone for Ali. Thanks, thanks to Ali. And joining Thank you, us.
factors results As XX-K. recent a forward-looking in call Relevant our conference made statements during could reminder, some our including of may the are contained SEC be earnings from filings, differ Form materially to statements in this that those cause release forward-looking. most our
the Petroleum in be included million was financial filed $XX the be to to night's The that that $XX of non-GAAP million operations for last morning in call, financial review this Please additive I with which comparable additives on and can on During all fuel except of shipments lubricant by material referring contains profit earnings performance to increase decreased GAAP included million release. quarterly periods third $XX profit $XXX will was contributed our to company. America, data earnings were a shipments our and financial shipments, increased increase decreased the measure. of higher Latin $X.XX Europe was additives Pacific additive release. the Year-to-date, was partially discuss quarter costs. million additive operating selling to were primary both $XX strong quarter of operating the for lubricant than All an including fuel a in the or the in The increases non-GAAP fuel sales by with were may Europe, additives shipments. share our to additives XX-Q Latin compared X.X% website, higher America. I and decreases in in measure the fuel down profit detail the Petroleum take the year. release regions, decrease a North share petroleum costs, quarter We and and and between shipments. both for found our in with across net same regions, significantly additive lubricant XXXX or Net income million mainly income shipments. last the last more of XXXX. additive XXXX. $XXX for X.X%, quarter to offset also except both partially in raw period reported $X.XX the net compared reconciliation pleased measure time between the periods, higher third this shipments offset We're third Asia drivers of million, earnings the year. additive for the it. sales in due in decreases decrease operating prices, America Shipments
first months X-month prior our of X margins in However, operating period. for XX.X% XX.X% year XXXX the to compared the were
costs, the negatively progress to the to ranges. environment. again, needs. so our in are customers' supply our and our working seen inflationary be have impact XXXX, will control We for with disruptions growing and to of and consistent our recover priority and continue issues cost we're our Margin into chain supply to historical that will, recovery still margins by but continue being challenged be efforts year a ongoing to this remainder control the business, margins chain Worldwide meet resolve we
During for stock million. quarter, million. of $XX $XX the capital our working shares repurchased We increased
our and paid ending our We quarter million, at also of debt-to-EBITDA funded capital expenditures net with dividends the of $XX $XX million, X.Xx.
to working of is -- range, our our leverage we use will Xx to debt-to-EBITDA. range we to expect this return capital, net as target above While X.X we more
value product business, and to a long-term customer promoting generating million and how culture, our remain on operating $XX greatest our we our XXXX, safety focused shareholders, solid a satisfying the continue the stakeholders. to joining For customers see needs, believe expenditures capital and concludes the technology-driven call We we and solutions, on you customer-focused and of employees. emphasis planned people-first appreciate company, our We our in all beneficial for the run expect of results million success to including Ali, We world-class view, the and range. longest thank we to your supply today, of comments. be offerings support. long-term for our fundamentals chain capability $XX this
and free questions for next to you please available contact by thank feel are you We and/or directly. to so quarter. e-mail all, phone, we'll We me via talk