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Thursday, 08/04/2011 10:51:59 AM

Thursday, August 04, 2011 10:51:59 AM

Post# of 7332
Second-Quarter Financial Summary



Product sales of $2.18 billion, up 15 percent from second quarter 2010
Net income of $26 million, or 50 cents per diluted share, including restructuring and refinancing costs of $43 million
Adjusted EBITDA of $201 million, up 21 percent from second quarter 2010
Cash balances of $861 million; total debt of $596 million
Completed $500 million debt refinancing on April 6
2011 full-year sales and earnings guidance increased

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