Spino - There was a little back and forth earlier, and the real answer is that "Net Profit" is an ambiguous term by accounting standards.
Some thought, and very well could be correct, that Net Income was synonymous with Net Income, which would be after taxes.
I never use the term Net Profit, but assumed it meant Net Operating Profit, which would be before taxes, with Net Income being after taxes.
With the 1st quarter 2010 figures being $70M vs $50M for the entire 2009 fiscal year, I am not real sure that it is necessarily vastly important whether the $11M is before or after taxes.
Either way, it is a VERY solid number, keeping in mind this occurred in the midst of the biggest economic crisis the U.S. has faced since the Depression.
I'm not trying to be melodramatic about it, but this is all just almost surreal to me.
