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American Pacific Reports Fiscal 2012 Third Quarter Results; Full Year Guidance Improves
Date:8/9/2012

f $10.9 million.
  • Diluted earnings per share from continuing operations was $0.81 compared to an adjusted diluted loss per share from continuing operations of $1.44.
  • Results for the first nine month period and third quarter in the year ended September 30, 2011 ("Fiscal 2011") include other charges and gains that have been excluded from the computations of Adjusted Operating Income, Adjusted Net Loss from Continuing Operations and Adjusted Diluted Loss  per Share for the Fiscal 2011 periods.  The adjusted results for Fiscal 2011 periods have been provided to facilitate comparisons to the year ending September 30, 2012 ("Fiscal 2012") periods.  See discussion of the adjusting items below.The following table reconciles each adjusted Fiscal 2011 result to the most directly comparable GAAP measure (dollars in thousands except per share amounts). Continuing Operations  Operating 

     Net Income 

      Diluted Earnings  Income (Loss) 

     (Loss) 

     (Loss) per Share  Nine Months Ended June 30, 2011  As Adjusted 

    $
    (7,267)

    $
    (10,881)

    $
    (1.44) Remediation Charge 

    (6,000)

    (3,600)

    (0.48) Other Operating Gains 

    2,929

    1,757

    0.23 As Reported 

    $
    (10,338)

    $
    (12,724)

    $
    (1.69) Quarter Ended June 30, 2011  As Adjusted 

    $
    ,138

    $
    (3,115)

    $
    (0.41) Remediation Charge 

    (6,000)

    (3,600)

    (0.48) As Reported 

    $
    (4,862)

    $
    (6,715)

    $
    (0.89)CONSOLIDATED RESULTS OF OPERATIONSRevenuesFor our Fiscal 2012 third quarter, revenues increased 38% to $57.6 million as compared to the Fiscal 2011 third quarter.  For the nine months ended June 30, 2
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    SOURCE American Pacific Corporation
    Copyright©2012 PR Newswire.
    All rights reserved

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