everyone. And you, good Thank morning, Kevin.
executed the structure $XXX we and diligently year We at same as time In our of manage achieved were continue June XXXX. target. cost quarter, to in to exceeding acquisition target X% to our due in cost necessary second quickly. end million synergies achieve we've quarter X.X% out was compared business million same our the quarter, We year, second to synergies compensation growth. cost the And integration established the cash $XXX digital spots year, a last fiscal the fund at the and making initiatives. down to of of the last in plans down transformation Total by end investments laid
the related expenses technology as expenses quarter, due also investments Other have related print in offset the made. related expenses. digital reduction digital print due expenses investments. the down reduction And to Other and we as print units, well down XX% costs ink in and a were cash includes a includes incremental print partially cash X.X% to it delivery by our costs, to costs and Newsprint in pricing. costs like production
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is fixed we the debt the interest leverage importantly, have Most not events from derived to a our has us the who and further financial the The credit credit knows ratios to of has debt no of rate, performance other future our structure. committed with or to does refinancing XX success. tied no credit Meaning in default is agreement agreement also and performance well ability payments evaluate us principal an improve do company. a market a which opportunistic As not a single maintenance have mandatory vendor maturity, year low reminder, affords conditions for financial our to covenants. fixed penalties, prepayment annual
for our users, long-term on our well-defined Our a path enterprises and clear to creation puts strategy strong lean value and investors. advertisers, foundation, readers,
to include achieve questions, we debt our additional of to ratio will for on may results are our with optimistic and target line and XX-Q the we line open line before pillar This are Also, the second of thing, times, any execute the remarks. One progress first digital In really information full last Lee's our line will of value our you shareholders. open approach to please questions our companies, and three and positioned our we creating multiple our growth concludes questions. on for for the the unlock remain always, more expansions value for our tomorrow, it and have Operator, we value in quarter future peer made we with that Lee. strategy, the expect platform significant digital The to leverage As about on us as expectations. summary, the X.X SEC is with expect file digital team for the conversion have. shareholders we create pillar through results, encouraged of growth three strategy our equity.
