Quinn. Thank will comments you, follow the generally slide My presentation.
X, quarter. Let's recap start with slide the number to
$X.XX was per million the or quarter for XXXX $XX.X third As Quinn stated, adjusted share. net diluted income of
net Because full which press is can income of Appendix adjusted GAAP XXXX these in $XX found reconciliations per record provide measures, adjusted measure, X the was in net comparable income of million release. adjusted XXXX. we and nine X diluted below for or non-GAAP and be months the table to $X.XX net of first a nine addition, income is the months share, of In the the presentation, first the X%
adjustments normal regarding compensation the period to share, $X.XX all million per employee share net are or Specifically, in expense to per of income expenses income, $XXX,XXX included reported or diluted $X.XX Naturally, compensation quarter year. last operating diluted this same income. compensation reflected $X.X our compared deferred deferred in of
stock announced price the the in consistently item to future generated, current in decommissioning and change or exclude to of which expense, stock The operational stock we our the also only market defer to their changes employees plant, was payment employee Because included is diluted from results until the on as payouts, this the of opportunity date our mark price. company's $XXX,XXX per incentive quarter allow we value. we declines, price, future Canadian closure with some the income However, When XXXX. item based related the liability compensation future share changes after-tax $X.XX of the discussion. this
we to an after record down expense in decommissioning tax this noted $XXX,XXX in the incurred, facility, production compared earnings remainder the additional total at this fully the X For is effective XXXX. decrease the figures after company and tax. of are the down as net we as decommissioning, here for shows of expenses wind year's bridge Because breaks adjusted third Slide third last we expect the and income. income, net quarter quarter,
and more detail, down polymers the were surfactants cover but segment while each will We prior were year. up, versus specialty products in
in and same point decline rate that settlement or benefits derived XX% between recur will nine of XXXX, tax of XXXX XXXX an Our tax effective distributed favorable in compensation XX% effective awards XXXX. XXXX, that to and exercised not rate unfavorable compared for in to believe tax first full XX% foreign our based XXX year be months basis stock was XXXX tax XXXX. audit was We attributable XX% XXXX nine for XXXX recorded did first The XX% versus in in the to XX%. the the from -- period of months compared
for operating results material to XX% on the were a Our business quarter. number higher was higher, growth is a same from net pass-through due were by Asia impacted impact increase in category, from by end over The offset the up American in in well mainly dollar solely actions. much business ago. and the the small prior product the to to acquisition, as mix X% distributor Tebras/PBC savings industrial the mainly in $XX.X we due commodity as our strategically volume of agriculture, commodity was increase product same up by this from by segment in were and is sales partially North year sales America; North negative to used restructuring Surfactant increased translation surfactant driven and important results same the Asia areas household in offset focuses show compared institutional offset million, Bahia previous costs. and the value, in and relatively partners. to sales the Latin the industrial income, raw the in as savings a by were not X%, did Brazil. volumes impact for increase a U.S. slide raw bridge, products, results as the sales certain well better The partially products the weaker through up of year bankruptcy and last the quarter North X on in period Sales consumer $XXX.X higher production lower due household, material demand Prices year. plant markets because quarter, surfactant institutional the delivered were the as fully results region positively This U.S. X% related the and down is European shutdown and volume because of support material it higher America remaining as of of Canadian such product site X%. region. lower to consumer functional segment oilfield, year-over-year, shutdown. surfactant savings of America volumes In were million costs customer higher our a volumes and as
polymers was polyol Phthalic to was to raw X; lower higher volumes. to global Now same due material volumes, XX% the X%, year down volume X% offset slide which was Sales specialty costs. ago. sales An Anhydride up net million, related and polyol were quarter primarily increase higher a prices selling by turning in $XXX.X from in partially
material translation positively in was million customer polyol lower sales rigid Operating global in exchange income the same volumes X%. raw primarily at in Global The due lost share The decrease America. Foreign net year. driven costs by to America. in was to impacted decrease compared North due North by higher volumes $XX.X declined to $XX.X and volumes decline last was polyol primarily quarter one X%. million
energy standards, insulation increased to construction. growth due demand market efforts growing expect to and continue We globally conservation in
capacity supported America during raw were addition by Our Poland. material in higher increased volumes by specialty recent polyol negatively the XX% North quarter. results impacted the costs also
While costs petroleum of a and raw are raw our or for for on Diethylene XX% petroleum, our polyols. polymer's various there petroleum derivatives. derivate based markets is are DEG key individual a material glycol material
costs in period. of quarter For higher compared XXXX DEG, were year our third to the prior the
the second foam raw that we polyol Although despite to of has slightly in planned that the recover margins which improved volumes to a and due higher, Anhydride reduction were to America were quarter, volume than level European from Stepan costs have third also due position results over to lower product rigid prior higher will noting funds a Phthalic insulation. reacted our operate lower results On the higher shareholders component increased lowest a margins. begun This material shortages XXXX. by to worth persist, lower back higher with margins. quarter and North year-over-year to while the Volumes with dividend Also higher from make the impacted higher and improved sequentially it's negatively MDI, were competitive operating in and generation us In is activity China, improved years. our year-to-date financial and enabled of higher costs. a X, has strength, grow net to X% allows of year further sales debt eight free to rate. slide return continuing level export shipments. decreased flow in cash results to a
value. to further increasing Now Quinn will our cover path slide X, update shareholder to
