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financial highlights
Financial Highlights
| Dollars in thousands except per share data |
2008 |
2009 |
2010 |
| Net Sales |
$883,552 |
$703,237 |
$852,538 |
| Gross Profit |
$224,899 |
$188,188 |
$216,830 |
| Operating Profit |
$79,246 |
$53,486 |
$68,532 |
1 (1) *Excludes $0.84 per share for non-cash losses recorded on our investment in Ashapura Minechem Limited, which was accounted for as an equity method investment joint venture in 2008 and prior. These losses stem from mark-to-market accounting on derivative contracts.
2(2) Exclude non-cash losses from impairments associated with two of our joint ventures of $0.37 per diluted share, expenses of $0.05 per diluted share associated with the retirement of our previous CEO, expenses of $0.15 per diluted share resulting from operational issues in our domestic personal care products group, and tax expenses of $0.04 per diluted share associated with the recognition of valuation allowances in our foreign jurisdictions.