The immediately preceding quarter ended September 30, 2007, had net earnings of $86.5 million, or $1.56 per common share, on revenues of $319 million.
Included in net earnings for the quarter ended December 31, 2006, was a gain of $6 million, $3.7 million after tax, or $0.07 per common share, related to the sale of three of the company’s offshore tug vessels for a total sales price of $8.9 million.
