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Investor Relations |
1996 Annual Report
Financial Highlights
Net sales $3.8 billion
Income (1) $236.5 million Earnings per common share(1) $1.34 Return on stockholders' equity(1) 28.30% Return on average capital employed(1)(2) 18.90% Net debt to total capitalization (3) 29.20% (1) Before unusual items of $23.5 million or $0.14 per common share.
(2) Capital employed is defined as stockholders' equity plus all long- and short-term debt and noncurrent deferred taxes. Income is adjusted for after-tax interest expense.
(3) Debt is reduced by cash on hand.