ParkOhio(PKOH) - 2023 Q2 - Earnings Call Transcript

SG&A expenses were up $6 million year-over-year and similar to first-quarter levels, primarily due to SG&A from our 2022 acquisitions, higher sales levels and increased personnel costs. As a percentage of sales, SG&A was 10.9% compared to 11% in last yearÂ's quarter. Consolidated operating income from continuing operations was $19.2 million compared to $13.8 million a year ago. On an adjusted basis, which excludes restructuring and other one-time charges, operating income totaled $23.3 million and was up 77 ...