date:Aug 24, 2012
Last years results included an after-tax gain of $4.7 million on the sale of the companys interest in KK Mexico, while this years results reflect a book tax rate of 45% compared to a rate of 12% in the second quarter of fiscal 2012.
Adjusted net income for the second quarter totaled $8,219,000, or 12c per share, up from $4,216,000, or 6c per share, in the same period a year ago.
Revenues for the second quarter rose 4% to $102,115,000 from $97,952,000.
We were very pleased with our quarterly perf