compared with net income of $8.1 million in the same quarter in 2004. Net income for the 2005 third quarter included a $2.8 million or 4 cents non-recurring tax benefit.
Looking ahead, the company expects
. for approximately $854 million.
Fourth-quarter profit was $11.3 million, compared with $10.2 million in the year-ago quarter. The most-recent quarter earnings included a $1.4 million tax benefit compared to a $700
% to $331.9 million in the first quarter, compared with $307.3 million in the same period last year.
The first-quarter results were favorably impacted by a $1.6 million pre-tax reversal of a legal accrual
, respectively, for a growth rate of 2.4% over this period. Combined net income on a diluted basis was 55 cents per share and 13 cents per share, but a $5.4 million federal income tax refund granted for a 2001 tax
ended Dec. 29, 2003. The loss of 5. per share includes a non-cash after-tax charge of 7. per diluted share, due to the write-off of fees associated with the early extinguishment of the company's previous
Etter and Harvey Shulman joined Roberts on the panel. Etter is a shareholder at Greenburg Traurig. He has represented clients in the IT services in matters related to employment taxes, international taxes
experienced on skyrocketing workers compensation expenses - especially in California, where Remedy generated 45% of its revenue in the quarter - and state unemployment insurance taxes.
Palmer is hoping
in progress when the survey was conducted. The total amount, as well as the mix (tax reduction vs. spending), were not fully known. Respondents expected the stimulus package to total $806 billion; the final
.5%, is the first time since 1972 the salary and fringe benefit survey has not measured an income increase. The survey asked workers to report figures from their 2003 tax returns. A new survey will begin in late