Consolidated Graphics Reports Small Net Loss on Lower Sales

Adjusted operating income for the quarter ended June 2012 was $2.8 million, or 1.2 percent of revenue, compared to $8.9 million, or 3.7 percent of revenue, last year. Adjusted net income was $1.0 million, compared to $4.9 million for the prior-year quarter.

Operating income during the totaled $.5 million and included other charges of $1.7 million primarily related to relocating certain production facilities. Operating income for the prior year quarter was $3.6 million and included $4.6 million in other charges due to withdrawing from certain multi-employer pension plans.