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References in periodicals archive ?
The comparison of a current account balance or item with the prior year balance or with a trend in two or more prior periods' balances.
Operating income for the quarter was $188 million, compared to $101 million in the prior year quarter.
When adjusted for Foreign Exchange and Acquisitions, Divestitures and certain other items, including the Project Terra Stock Keeping Unit ('SKU') rationalization3, net sales decreased 6% compared to the prior year period.
Excluding Linde AG purchase accounting impacts and other charges, adjusted pro forma income from continuing operations was $1,000 million, up 11[??] versus prior year adjusted pro forma and 8[??] sequentially.
Operating income for the quarter was $210 million, compared to $199 million in the prior year quarter.
Travelers said that those results were partially offset, however, by elevated non-catastrophe weather-related losses and lower net favorable prior year reserve development.
Direct premiums written grew 12.5% from the prior year's quarter to $309.2 million, with 9.1% growth in our Florida book and 34.9% growth in our Other States book.
GAAP operating income was USD 35 million, compared with USD 49 million in the prior year; adjusted operating income was USD 60 million, compared with USD 71 million in the prior year;
* Segment gross profit was $259 million versus $262 million in the prior year.
Total operating expenses for the third quarter of 2017 increased 14% to USD 171.3 million from USD 150.4 million in the prior year period.
Total net debt outstanding (including capital leases) as of the end of 2015, net of cash, was $2.2 billion, compared to $2.4 billion for the same period the prior year. Cash and cash equivalent balances at the end of the year were $41 million, compared to $44 million for the same period in the prior year.