Net sales were $0.798 billion for the second quarter, compared to $1.164 billion in the prior year's second quarter.
Selling, general and administrative (“SG&A") expenses were $270.8 million, or 33.9% of net sales for the second quarter, compared to $322.5 million, or 27.7% of net sales, in the prior year's second quarter.
Net income was $14.8 million for the second quarter, compared to a net loss of $2.8 million for the prior year’s second quarter. Cash, cash equivalents and marketable securities were $4.204 billion at the close of the quarter. |