Thanks, Chris.
$XXX.X For million the third were $X.XX were earnings sales share. diluted per and quarter of XXXX, net
For per were share. sales net the million were $X.XX earnings corresponding period and in diluted XXXX, $XXX.X
For net were sales and XXXX, per earnings million diluted $X.XX the share. months first were nine of $XXX.X
period $X.XX corresponding diluted share. $XXX.X XXXX, were million the and net earnings For sales per in were
remained demand quarter, Consumer prior often which below by inflationary dampened the which year. part demand consistent level in reduction was with from constrained resulted of This second discretionary in the in the sales a our spending. XX% pressures, in XXXX,
our XX%. inflationary by offset as third and from in Our XXXX, profitability margin decreased which as difficulty] fuel deleveraging commodities, the margin cost by was increased costs, services, in partially of unfavorable increases of resulting energy, from from of declined gross XX% decreased sales, as materials, [technical fixed production pricing. were the XXXX quarter third to quarter The lower driven well
credits rate Our decrease effective tax the of tax effective rate which realized through in research XXXX XX.X% were primarily amended third tax compared the The by XXXX. in to to for prior benefited tax quarter results credits, XX.X% earned returns quarter income of an third was in development unusually related and XXXX. to attributable income low years,
development adjustment The expected impact originally research the to in tax to XXXX. than research effective of realized tax future credit rate provision In years. greater quarter on development that in third a our estimated, resulting is credits the favorable and addition, was in return of XXXX and decline was
strong evident on in long-term shareholder continued financial our value discipline is cultivation Our the sheet. balance and debt-free of focus
Xst, At cash our October short-term investments and totaled XXXX, $XXX million.
market in one and fund mature Treasury are year. in that invests the short-term the exclusively invested within States instruments, United bills Our in States investments United money Treasury which
Our had no we and ratio was debt. X.X:X, current
consider opportunities emerge. and provides sheet balance we versatility strength that Our debt-free may robust and explore as
and October XXXX $XX.XX per equity per $XX.XX was million, to book share, cash of which equates investments. Xst, share of value which, was At short-term stockholders’ $XXX.X a
million first company operations. the expenditures. XXXX, back the $XX from nine into that During months of capital of in we of form million of $XX.X the reinvested We generated cash
related We expect and to to new introductions to our equipment approximately product XXXX million. upgrades facilities manufacturing capital our expenditures and total $XX
In in addition foot Mayodan, for purchased XXXX, the our investments, operations. to XXX,XXX in manufacturing million of Carolina those fourth and square $X.X use a North in we for warehousing quarter facility
our we’ve XXXX, to primarily dividends. In the payment $XX returned first the through shareholders, nine months of million of
quantity We quarter. very modest third stock a the during shares also our repurchased of X,XXX about
as quarterly net per income, dividend of share record Directors XXth, quarter-to-quarter. difficulty] approximately [Technical and a our Board quarterly XXXX, November XXth, is of of for varies November therefore XXXX. shareholders declared of XX% Our $X.XX dividend on payable
That’s update for quarter. the the financial Chris? third
