Thanks, Majdi.
organization. would Majdi $XXX.X momentum seen our have flow the into to we've seen expectations. in improvement organization cash favorable a the by get I by dramatic on mentioned, versus since positive by the year, like a debt, as net we third of the is I Before emphasize internal entire the on last in focus cash million detail, quarter which supported
improvements. now is enhancing sustaining on concentration these and Our
these trends. and Also during XXXX overall quarter in our portfolio, the to diameter highlighting be quarter, third our more from the wheel to roughly increased XX% of tailwinds one-third market mix of the up front of in ability than secular our the large
quarter Let more nine review performance the me for and now first provide our months XXXX. a of of the detailed financial third
our Turning the to mentioned earlier, and market key due lower Slide take including production North rates share, X, the overall than shipments our more at America to customers. items declined reduced Majdi
our percentage the Europe .X%. North X.X% America region. larger, and wheels Note Europe results shipped down units for resulted per Superior's due our year-over-year units versus in market, X.X% of was were of Year-over-year region. value-added sales to and were to increase per sales were favorable customers in North for assembly. year-over-year content shipped X% produced adjusted Value-added the the which this Superior in down higher -- wheel America overall mix wheel in in down change that is
shift driven Superior's America region, despite In in more in were up European growth the are year-over-year, Value-added mentioned, figures our market I North Europe, being key segment unit for our aftermarket at as X.X% from the of and per customers, Again wheels. assembly. our larger which business. up Superior is sales higher by wheel volumes to unit we shipments X% year-over-year saw growth complex production in the resulted X.X% higher for including towards flat, adjusted
as reflects of by for sales to Slide quarter third and compared value-added period. the X X, Slide unit year region XXXX net the sales shipments, of the prior Turning to breakdown
million increased Majdi volumes shipments unit by units aftermarket units was As X.X Europe, in the North to lower including by business, partially million offset in prior increase our previously, shipments higher in compared year in The shipments X.X mentioned our driven to America. period.
unit to approximately XX,XXX strike. impacted the due Our units North UAW America were shipments negatively by
loss of a prior-year we $XXX,XXX of per reported or $X.X loss Including to share loss diluted $X.XX million, share a per in a compared share. $X.XX quarter, net the nonrecurring of of loss a of net loss period. diluted $X.XX a equating per to diluted the For
and quarter totaling is accelerated This comprised depreciation which $XX to restructuring of inventory other appendix a $XX total on totaled included Please expenses, the of net table Please per Fayetteville, note in income The to the million $X.X diluted net see of with million the million. which for on the costs. third of for consumable the reconciliation includes income adjustments to assets net location, of $XX workforce the and net severance the and to million supplies and our write-downs Fayetteville million for earnings relate that income. share adjustments $X.X $XX million. other
loss per nine a net which income compares of diluted Year-to-date, the net $XX.X for a $X.XX million to year-to-date $X.X totaling adjustments was Please and income of of in diluted XXXX share acquisition, period. or to prior first or income. net share. million $X.XX net that adjustments the include months restructuring other per loss the This note cost $XX.X of $X.XX million of per includes share,
million reform income income tax taxation a forecasted million valuation of to allowance under the period. primarily The the benefit pretax of income partially of foreign and intangible or offset $XX.X tax quarter low on effects million a a benefit the of prior-year on third provisions for earnings due GILTI the earnings benefit benefit tax of $X.X an jurisdictions. on compared was million to The due the loss interest pretax mix tax of loss is nondeductible amount $X.X in tax $X.X with amongst of global on U.S by tax
XXXX by tax was operations as for GILTI, $XX.X year-to-date tax The as the compared the income impacts which includes first now quarter. well months provision on the provision compared $X.X nine on third $XX.X income as was driven mentioned of of XXXX. The a primarily months company's to in in full an phase XXXX nine of previous pretax to taxation the of income for pretax of million GILTI the tax in of million million first provision income foreign the under $X.X million
rate tax to year-to-date mentioned the quarter remains Due effective impacts and our these for high. period,
We full-year expect tax XXXX. effective rate of high a for the
for of full-year In operations. we outlook terms is to cash expect cash of the $XX our into for full-year, taxes, continue already approximately incorporated cash from million flow which taxes
finishes you walk sales period, million for XXXX. the as in year-over-year Value-added improvements by to mix, product and quarter $XX million mix increased me by driven impact comprised weaker to euro, premium larger volumes, and compared prior which our On third in positive sales offset Slide X, through improved of a higher let segments, sales both $XXX.X diameter had in $XXX.X value-added change in net wheels well million. which were of of sales as by These the impacted million. $X year value-added partially
of the X, EBITDA slide exchange adjusted $XX.X foreign compared and by was The million by the negligible in peso U.S the volume. mix driven impacts dollar of On our rate third weaker program. for higher was euro in primarily including impact as The FX hedge adjusted the $XX.X improved million XXXX period. to EBITDA the prior offset quarter was increase was foreign-exchange
energy offset and Europe, in higher savings, in energy North XXXX, seen In initiatives. procurement quarter approximately performance XX%. the other electrical in with global third the lower prices favorable spike since in prices Poland slightly was rates by by in performance of North America, decline America being energy specifically prices Cost we've
in fully this time, result XXXX first in the As made be on we of in discussed expect in previously, these purchase At to in the Mexico capital markets. reduced the electricity we of secondary systems costs enable our quarter electric will and investments locations North America. had operational early to
natural seen increase In by specifically an Europe, Poland. in and we electric XX%, rates approximately have in gas
third a year-to-date other this periods. quarter in but efficiency have focused We offsetting and been through was the headwind on it increase initiatives,
SG&A expenses net million of the were of for or quarter third reference, $XX.X sales X.X% period. in compared XXXX to For the $XX million prior-year
to more energy procurement and higher by operating including a initiatives, Europe. on year-over-year quarter, X.X% prices of offsetting adjusted wheels XX.X% the For larger EBITDA complex percentage as of sales, value-added leverage volume, driven improved by increased improved savings performance in mix
premium added I in XXXX. a period had in months of sales reduction mix million this nine wheels impact offset had compared Slide take were million $XXX.X of impact volume million. was XXXX. of the net you $XX sales to which XX, partially period will value-added in sales through Value diameter million. Lower favorable Moving first the primarily same and driven finishes larger comprised euro, negative of walk $XX for by in by $XXX.X to The regions for a a weaker improved of both
nine million in a adjusted lower Slide in million XX, Turning to $XXX.X volume was and XXXX The decrease of regions. adjusted compared EBITDA period. prices the energy $XXX to first EBITDA for prior a the months both by in was higher driven
in While are of mentioned, headwind. basis, also as a the the last energy were is America it in than lower compared been Poland prices to year-to-date previously North Also a year, last on year. third still higher quarter rates
sales consisting partially savings. including value-added the higher and these All energy constitute product negative negative and driven the partially improved These in content by offset volume most energy an year-over-year. favorable first procurement XXXX, cost year-over-year adjusted of performance material mix items energy -- by these were prices performance half of procurement and with Year-to-date, of X.X% a percentage by offset costs, wheels as of savings. decreased mix XX.X%, higher EBITDA to higher
and SG&A expenses integration for net compared SG&A an or reduction expenses decrease in the due reporting The of $XX.X to were of was nine in alignment first XXXX our $XX.X regions. X.X% period. months million of prior-year the acquisition to primarily of in million and for sales both
result to I XX. will to operations in the largely was million capital cash other was accounts the prior on operating Net period. $XX.X the last million quarter third $XX.X cash and address by year's our structure of the very This cash is from that flow year program. activities -- compared usage from of prior compared driven receivable the flow as strong factoring compared Slide to
for in cash Net XXXX million million the quarter used investing of the $XX.X period. in activities $XX.X compared third to prior-year was
annually, approximately and common to inclusive During to preferred business quarterly participation in $XX the debt. the reallocate shareholder reduce to the shareholders common net million of and invest its quarter, Superior dividend, company allowing the the of dividends suspended
the This will Superior quarter million Europe of for the of Dividends last paid a $X.X from the -- minority for Industries million. the be dividend. in common holders Purchases quarter. $X.X totaled quarter during payment totaled
As ownership or $X.X of minority the approximately had end of we million X% the quarter, outstanding. of the third
€X value which at payments in arrive deducted a adjusted Also is during €X.X debt face the the total net has of unsecured during in in million and quarter, been our the debt reduction million, unsecured EBITDA. Superior other of income its on The notes for $X market other in million principal gain repurchased and quarter. senior X% of senior repurchase of notes pretax million, resulting included open resulted to our $XX.X of a
available more $XXX facilities our near-term cash debt. and Currently of under maturities no of million, we liquidity which our than credit availability have funded revolving and includes
We also receivable have an factoring incremental accounts availability under our program.
third As the was of our nearly a period. turn down quarter, X.Xx, of net the the end leverage from half prior-year approximately
our XX. Finally, to on outlook Slide on move
current production impact General Motors Motors, range narrowing view This XXXX, the flow Looking the the for $XXX the from our the due value-added working UAW are up net and of of for units, capital so $XXX ahead expected strike sales, increasing remainder operations, the sales our of for are to ramp Reflecting outlook year of this we remainder initiatives and we million now adjusted million rate the for General for EBITDA. the be to reflects at to sustained progress of our year. the is to which outlook at year. cash
maintaining capital for expenditures. range Finally, the we are
the and questions. back turn open-up for the operator now will to I call
