The Dixie Group has reported financial results for the third quarter.
For the quarter, the company had sales of $108,908,000 and income from continuing operations of $84,000, or $.01 per diluted share, compared with sales of $109,006,000 and a loss from continuing operations of $8,000, or $0 per diluted share for the third quarter of 2014. Income from continuing operations, excluding facility consolidation and asset impairment expenses, tax affected, was $465,000 (non-GAAP adjusted income from continuing operations, as set forth herein), or $.03 per diluted share for the period. The company had $614,000 in facility consolidation expenses during the period as it implements its previously announced plans to expand capacity, focus operations and consolidate its corporate offices.