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Excluding special items and its discontinued Hawaiibusiness, the company earned $1.56 per share. Special itemsincluded a benefit of 24 cents a share for a pipeline settlementin California and costs of 8 cents a share related to itsacquisition of BP's Southern California refining,marketing and logistics business.
viswiss forums Net income for the quarter was $15.6 million, compared to $17.3 million for the first quarter of 2013. Net income applicable to common stockholders for the quarter was $11.8 million, or $0.39 per diluted share, compared to $13.6 million, or $0.44 per diluted share, for the first quarter of 2013. Net income for the second quarter included a $5.4 million pre-tax ($3.2 million after-tax) expense for the early extinguishment of debt costs related to prepaying $37.5 million of 8% subordinated notes. The following table compares selected financial information for the periods indicated:
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