Thank you, generally Quinn. slide presentation. will follow the My comments
four was or recap first per XX% per share the share, Let's in diluted the million, start versus a decrease to with diluted quarter. $XX.X of net quarter for income slide quarter million, of XXXX XXXX. the Adjusted $XX.X $X.XX $X.XX first or
Because basis. impacts is pre-tax time, We're the Millsdale $XX all the still impact determining this the process At incident. least measures. is of II on we and can press income comparable the measure, found net the be full non-GAAP release. Appendix presentation Table of GAAP And adjusted million the associated we at in a to the reconciliations with of believe II provide a in this
period net compensation to excludes of quarter the share diluted income for expenses. and deferred Adjusted last net some income adjusted the in share, consist for deferred adjustment compensation of per income million minor or of restructuring reported cash-settled million deferred quarter, or expense $X.XX Specifically $X.X compared and compensation $X.XX diluted to this $X.X year. income same per SARs
price, with company's net for as change this appreciation the the our stock employees. item these the to rights discussions. our related expense stock deferred represent Because plan, operational the numbers liabilities from exclude cash-settled compensation well we movement compensation deferred in The as
five Slide figures breaks income, in year's and basis. the quarter, first first company on are adjusted to decrease last the noted total here after-tax earnings quarter net for this down the is compared an bridge net shows the income. Because
cover to summarize Specialty down, up in but Surfactants year. will the while more segment and each detail, were We prior versus was Polymers product
and tax during related losses. expenses all Corporate higher the expense acquisition-related was net foreign higher a quarter others due exchange to higher interest acquisition, were income. to Favorable the and for interest NatSurFact effective expenses higher rate
compensation XXXX stock-based in derived XX.X% The benefits the the XXXX. the XX.X% in from effective quarter was lower tax Company's first increase primarily of of tax first versus rate awards. to was quarter attributable
effective full expect to XX%. in XX% to tax the be rate We year XXXX the range of
six on volume quarter, the lower sales primarily down net Selling the results versus for were to $XXX prices the for segment a million Sales was the Surfactant were focuses X% of year. Slide costs. year. quarter. raw decrease the due X% prior prior pass-through material versus X% Surfactant down
and consumer cleaning markets, for product a end sales by of driven lower our our end from was product by Higher product increased for functional agriculture field. and sold oil result demand markets into disinfection offset COVID-XX, volume primarily as products demand
Surfactant operating currency Mexico. prior operating outage were year, partially sales in the of impact income plant costs income $X.X These lost Millsdale decreased improvement negative by with associated $X to translation. and higher and million power offset foreign a primarily million due our versus the items
decreased products and incident higher in end demand in oilfield associated primarily was volumes driven sales expenses agricultural the in chain COVID-XX. Millsdale strong to by consumer driven partially and supply the lost results higher at North lower markets. This disinfection and due demand power and America cleaning products the plant offset with by by outage
improvement a by a Mexico flat demand results volume basically results million and in important to by XX% higher growth by were income was were customer. margin offset expansion. volume due consumer Europe COVID-XX up operating result product reductions driven one as of $X.X Latin America as
reduction Sales slide due volume, the in Millsdale to volume Now, year. primarily significant decrease turning were prior the in on XX% X% power in PA Net decreased the the X. to Polymers quarter, an million sales outage. $XXX.X to due quarter, versus
higher Rigid Polyols and cost X%. volumes flat. Polymer with prices loss Millsdale due Global associated decreased power primarily volume declined were income plant to $X.X operating outage. Selling the million,
to North results digits. Polyols decreased incident. Millsdale Europe of America to due results with were and PA low with the higher basically end at due associated the cost increased results volumes quarter flat single Rigid lower incident. volume to Polymer the COVID-XX. decreased due shortfalls the demand Millsdale by rigid
strong on improved demand driven of results by storage the China Finally, in a market. growth cold growing volume XX%
Sales Polyol for the million a prior quarter, for up Our declined quarter. growing were operating was $XX.X net all XX% volume regions sales X% Specialty year-on-year. the versus the business year. Products with Specialty income decrease
and million margins Operating loading infant primarily $X.X within the year, MCT driven a improved as versus product to income prior market nutrition due a strong the increased of demand volume by our result the outbreak. in pantry and COVID-XX line
X. Turning to slide
cash We negative the million, $XXX end remains $XX.X at $XX.X million million of spending as balances balance Our total debt strong. exceeded prior debt year of quarter. in versus net had quarter sheet $XXX million. Capital was
the low range are to year expenditures of million. the full capital to the For $XXX expected million be side $XXX on of
believe liquidity in have We environment. challenging X. slide sufficient operate to to near-term levels Moving we this
committed a million cash access hand, and million to on $XXX have credit revolving $XXX have we We agreement.
is XXXX is in maturity million. $XX scheduled only debt Our
on will Quinn XX, slide outlook. XXXX you now update on Beginning our
