date:Dec 17, 2013
e early extinguishment of senior secured notes ($9.8 million) which provides greater flexibility in day-to-day operations and lower ongoing borrowing costs; an increase in workers' compensation reserves for claims exposure ($9.1 million); and disposal costs related to leases and equipment ($2.5 million).
This was a year of transition, course corrections and establishing a solid foundation for growth, said Bob Ling, President and Chief Executive Officer, Unified Grocers. Ling, who has been Presi