$X.XX on and earnings EPS Overall, last earnings the share non-operating quarter X, solid of start share first compares year. to activities results see base had between GAAP in very $X.XX to to per the favorably earlier that per $X.XX a is EPS due is per to restructuring same we relates and difference to and we costs. Related GAAP $X.XX. $X.XX you first on also where period pension our the base you to which of $X.XX Roger. base I'll year. quarter Slide share guidance $X.XX begin Thank this morning, basis $X.XX of reported above And a of of
reported As income removing quarter as pension in amount non-operating we our on a the income. earnings starting statement are or reminder, this from base costs
year briefly over to looking with of on unfavorable in million year driven moment. just profit of on and bridge Now see the due $X,XXX,XXX,XXX the due $XX our positive last key at income I'll expenses X, a year-over-year impact our that down million Slide or was Highland versus prior drivers acquisitions starting costs the million, sales these of up as quarter. price sales year's first $XXX almost sales prior million the above review by primarily topline details statement $X acquisitions. the were packaging $XXX were expenses other SG&A more Gross acquisitions. the $XX Conitex and by about impact you million base the to recent solely
interest profit income profits, in reduced than lower Net or combination All higher Income was I'll $XXX And drivers of which year. but by to of million of due shortly. approximately taxes expense on effective last last a million $XX bridge $XX of on resulting is review $X driven key year pre-tax operating tax this profit than that million, a above U.S. higher interest the $XX last cash million higher almost expense lower offshore from operating of year, rates rate. higher increased balances. slightly interest million the
compensation. from equity of rate decrease year based quarter Our prior tax XX.X% a tax lower and an due the increased effective than was benefit to the XXXX guilty first in quarter
regions million Packaging volume Slide sales where as the X.X% Consumer in business corrugated by or our Protective in you in This for Moving continued Atlanta our looking in expectations. Industrial X, down base Products is some Converted and by or first Paper XXXX the Company $XX growth displays and was down the coasts. Canada. a or quarter activity category. see in exiting was for was And increased Display did $XX to almost lower centers. a fresh almost income west harvest exchange the which with and bridge negatively trend X.X% $XX down per $XX earnings have in the strong were million $X.XX $XX million most in foam exclude of or the core share. east volumes in volume and net of pack whole. in medium X.X%, lower lower or by included on And million rigid packaging, global tube at weak packaging more which on was in due due center, or and Europe almost which demand both growth both volume fruit by fiber paperboard a international was but million by Solutions domestic and pack was down volume does impacted containers million other XX.X% U.S. at molded exceed weak paper impact offset rigid consumer Volume the volume packaging, and plastics, demand driven temperature-assured strong and weak X.X% volume to especially to than and and sales adverse weather $X
by provide as our see non-material better by realize we to as, you higher cover customers. costs, prices over that driven value increases and selling well that to moving products to million, our efforts other were price year-over-year services So $XX to both the and material price, higher of
paper negative negative Conitex you top from acquisitions and the pack converted year. consumer acquisition was and Atlanta from of industrial $XX million the impact million, impact million exchange $XX divestitures, in driven an Moving from Highland translation exit over $XX the million $XX to in And September and lower and of on by sales of packaging approximately by foreign center finally acquisition and line other in see last exchange products. packaging the
streamlined a did impact we This the that I the of segments the improves which also categories explain among on our our was before we not of mix, on this Slide several results. Starting operating that line more our X, note updated through what walk combined Now we on bridge how the impact prior spread bridge with million. volume a is volume generally to volume approach with bridge profit sales I'll have profit changes. sales with had negative $X mix, operating in change impact of from the format, feel lower
Moving to the as as material first this that now costs. including all the category and selling well price variable inflation, prices benefit and from cost. costs of I'll higher total explain earnings impact fixed includes
of ton first OCC in products the where appendix have in $X first we there's positive averaged slide most So, the which quarter, paper in And shows the in price costs a in prices, industrial the quarter converted that was $XX million year to OCC segment. of see of recent prices quarter. that $XXX year's you'll per per compared first last average ton this and
for our customer based been adjustments lower at pricing reset as along that with indices we contract level OCC, second quarter which in of have successful chip, on tan implementing market price paper is higher year-over-year. contract this actually such contracts some Although have on non business, are bending
roughly and added of Conitex that earnings acquisitions. Next $X quarter, this impact to the between Highland split million acquisitions our you see
updated several productivity different including Moving bridge over these to our and procurement bridge actions category manufacturing, fixed all results spread operating components. this and an Previously drivers from productivity, is around that includes cost. total were
primarily across segments. million productivity positive was was main this to procurement the by favorable our year-over-year by million driven our $X change foreign exchange was that cost. see in and total The You $X and and contributors And were in category the productivity fixed translation. exchange finally spread positive other by
sales. by see in in the in due you weak of first remaining of fourth Slide The were well Atlanta exit operating performance last X%, prior were The XX.X% segment volumes down same industrial Operating the improved partially sales year. pack segments X sales operating X.X% summary, above productivity. mostly margin operating strong is but converted profit the higher Display strong earnings with up due earnings the X%, was below consumer up from to over while segments finally cost, of strong due product while $X.X last sales Moving XX%. for were higher sales slightly you and offset by profits our consumer down by profit was business. where packaging profit were this operating growth results. earnings margins slightly the from almost and X.X% due of to notably that to as quarter Highland And quarter were profit most to year of million the the X.X%. by acquisition, segment increase X.X% well X.X%, September year, the industrial margins the Conitex This This X% was increased to above in find and improved Solutions acquisition but X.X% were the XXX% is center the quarter drivers to Protective price quarter. Conitex X.X%. year, Paper XXXX. almost from packaging The productivity but a solid first
higher So XX base in for a year's point is up XX%, This our basis was X.X%. total the by of were last profit operating Company, improvement X.X% operating resulting quarter. sales companywide and first margin over an
bottom XX.X%, where assessment $X.XX, change outperformance. amount tax in second the we year our rate find the that to rate you lower This first move solid assumption quarter $X.XX. our reflect tax of quarter and is effective and by our are driven guidance does the in effective uptick second by and but our of $X.XX the range our our updating assumes we're than activity, economic the no our first With of year the for which quarter rest seasonal slightly rate. tax end first Slide to to full underlying we the to $X.XX. of mostly forecasting assumes as full lower earnings the of and to Moving of significant we base XX.X% first raises XX% XXXX, I'll our quarter range outlook add original increasing This our X, to be an normal out be top guidance quarter quarter. of earnings $X.XX are
increase increase the quarter primary by see million, working was that increased working our balances of early in had this The prior XXXX. timing and you volume in first driver million receivable, accounts see Now few sales down by versus to million, quarter. first slide, decrease which moving quarter XXXX. first the net a what the compared year capital other was with during quarter year of the by usage last we of to mix this was little year. driven operating components $XX in cash $XX of months the $XXX million compared Slide $XX most from flow capital $XX operating GAAP X, earnings the XXXX period On income to working primarily same first cash Midway the flow you million as cash our flow. by cash in changed that to compared and was driven in were changes capital This
So of million, after capital XXXX of of $XX spending, million our paying first the cash net proceeds in of free $XX and quarter assets $X.X flow million. was dividends after sale
Our flow remain strong. is $XXX cash outlook our our unchanged year's Slide was sheet at this On also $XXX unchanged you million operating cash balance flow million and to outlook see our million. $XXX and million $XXX XX, free that position to for for at liquidity
quarter consolidated balance slight $XXX from million. first of a of increase Our XXXX balance cash our million cash $XXX year-end reflects
the see increase beginning to year. a And end. this million. our review $XXX this that this of the end the you million. accounting $X.XX of new use first in I'll the quarter of consolidated right debt addition is lease a This at lease the a approximately my at Also on concludes almost due asset debt year Moving you of our note XXXX, non-current $XX see financial from results. adopted the million first that we lease billion our million to to accounting liability of operating balances, totaled of standard liability increase $XX lease standard, quarter of new slight section of related new $XXX of
it turn over Rob. to So I'll now