Jack. Thanks
compared of revenue to both shipments. bumper As the for On in X% third first months shipments all and prior shipments total This leaner engineering value-added expected, normal X% general the quarter value-added the and nine in basis, seasonal occurred with the virtually while quarter products in from total half. lower a quarterly third increased the down and third demand the slightly weakness our sales pace of year-over-year months volume, mix declined XXXX, growing the the first aerospace of a quarter shipments, with revenue year. automotive reflected and in lower X% strong nine first
continued Additionally, the into quarter. we earlier the compressed margins that year sales in highlighted third
high the prior year, Third aerospace quarter due value-added revenue declined strength. and primarily $X to million from
also prior $XX Trentwood revenue partially to controls to quarter, compared persisted third than shipments revenue at increased ongoing margins year, during quarter. our year prior supply, was in were value-added of the the the Growth up doubled the by aerospace lower offsetting to and on of more million volumes, than to supply automotive X% -- year. chain ramp the which as automotive Partially into compared Lower newly installed non-contract aerospace products. offset automated program prior lower slower bumper compared quarter, prior at equipment than the year a contributing destocking. as well value-added $X aerospace million Our reflecting other sales shipments the third decline anticipated sales
during For the the continued third startup the equipment nine X% automated by million supply and declined of value-added installation and and constrained plate automotive first to of XXXX chain due Aerospace shipments quarter $XX revenue of engineering months second Trentwood lower at first months general to new destocking temporarily and nine facility. aerospace, million, quarter lower controls our value-added partially capacity XXXX, revenue reflecting declined revenue. offset total compared $XX improved value-added on
general higher to million X% pricing full compared all shipment first prior And the engineering Additionally significantly programs. bumper year, improved the higher Automotive of through or by the revenue of value-added metal on engineering revenue our prevented competitive $X or volume general on nine $X value-added X% improved increased last to of shipments driven aerospace pass products. virtually million months spot compared for contained of costs. transactions year
However, competitive general pricing our costs to engineering some value-added contained higher of on through products. metal ability our hindered higher pass
the impact Turning of $X due $X the price $XX sales by from purchases other year-over-year an favorable and and reflected year. which million a spreads third leaner $XX scrap favorable to prior to was of lower margins, offset decline product in $X a million million next was manufacturing of million to $XX million compared The and costs. adverse on overhead benefit page, quarter XXXX the EBITDA for million partially mix
in this was EBITDA record XX.X% quarter from but slight quarter year. year, in of achieved from Third of of the margin a the reduction second prior improvement XX.X% the XX.X% level a
the and in prior purchases XX.X% $XXX $X first of of was year. prior EBITDA impact from nine for $XX adverse a and year. million first XXXX a was favorable sales benefit months $X for up incentive the A million, offset slightly $XX The XXXX, EBITDA manufacturing million spreads the other nine million largely by the from costs. of For price XX.X%, favorable reduction overhead margin million scrap from months was
compared Turning rate these for to $XX third for million eight, of that and in non-run the income to operating the depreciation in in was as operating rate prior just included reported gains, quarter Adjusting the as reduction and the million non-cash, reflected I million EBITDA of quarter third gains. quarter $X million the -- million million $X $X million increase covered $XX year income XXXX $XX for the third $X slide decline as of a well expense. non-run
the reported from period, the million XXXX, first $XXX income million nine a year diluted in $X.XX non-run $X the for reflecting million expense. of million non-run million Adjusting of losses, million for was or the nine months prior in per per reduction for rate For months $XX income was for million or items income share. Adjusting reduction $X quarter million. $XXX Reported and net first a operating the however, diluted increase non-cash, $X EBITDA for third a $X.XX quarter was however, income $XX in $XX third share. XXXX rate depreciation was or operating net
a XX% our tax liability The share liability rate for $X.X per recording for quarter third of included from of to Recording adverse increased upon existing subsidiary. a from impact taxes earnings our this million the repatriation Canadian effective $X.XX quarter due the XX%. deferred tax
nine income million $X.XX million income XXXX, or the was the the tax as the XX% was share. For for of in diluted offset quarter. liability non-run the rate diluted first tax net for first in per effective was million deferred items The $XX share. first third the per $XX nine months first reported tax the or $X.XX months however, for rate months Adjusting half favorable of year nine $X.X net recorded items
quarter $XX be first to pretax low million months our cash third nine in earnings the operating Of Capital loss as the continue of was course $XX carryforwards. we XXXX. our our million net against taxes apply spending in and
capital We year spending be expect approximately $XX full million. will
at the turn and XXth, During repurchases trends borrowing first market returned we to nine and dividends. cash approximately shareholders credit $XXX share the cash short-term of I'll revolving $XXX back discuss outlook. months facility Jack our on to was quarterly million. Jack? call million to And totaled of $XX million And and and year, the September availability investments through
