date:May 08, 2014
x expense due to certain favorable tax items associated with the American Taxpayer Relief Act (H.R.8) enacted on January 2, 2013 and other income tax changes.
On a comparable basis, the Company earned $3.3 million in the first quarter of 2014, or comparable basic net income per share of $.36, versus $5.1 million in the first quarter of 2013, or comparable basic net income per share of $.55.
J. Frank Harrison, III, Chairman and CEO, said, Our business continues to face a challenging market plac