Commercial Metals Q2 Earnings Call Highlights

Lawrence detailed $47.2 million in pre-tax items during the quarter, including $45.1 million tied to the CP&P and Foley precast acquisitions. That acquisition-related amount included $20.6 million of transaction and integration costs and $24.5 million of non-cash purchase accounting adjustments related to inventory and order backlogs. The quarter also included $4.1 million of interest on a judgment amount associated with previously disclosed PSG litigation and $2 million related to an unrealized gain on und ...