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Adjusted EPS expands 13% to a new second quarter record of $0.71 driven by a 17% increase in operating income from Color, Additives and Inks (CAI) and an 8% increase in operating income from Specialty Engineered Materials (SEM)

This was more than offset by weak automotive and consumer discretionary demand, as overall sales declined by 18.6% or 17% on a constant currency basis.

In doing so, we extended our streak to 17 consecutive quarters of double-digit adjusted EPS expansion and a growth CAGR of 25 percent over this period. POLYONE CORPORATION 17 ITEM 3. As of December 31, 2013, there was $3.2 million of total unrecognized compensation cost related to SARs, which is expected to be recognized over the weighted average remaining vesting period of 17 months.

Milan, Italy Wisconsin 17. Pamplona, Spain 17. In November 2015, the FASB issued Accounting Standards Update 2015-17, “Balance Sheet Classification of Deferred Taxes” (ASU 2015-17).

The company reported that on a constant currency basis, its Color and Engineered Materials segments increased operating income 17% and 13%, respectively, in 2015 versus the prior year. 

For the year, Color increased revenue and operating income by 17% and 14%, respectively."

Due to our unwavering focus on executing our four pillar strategy, we have now delivered 17 quarters of consecutive double-digit adjusted earnings per share growth, with a compounded annual growth rate of 24%, a distinguished performance that all of our associates are justifiably proud of.”

delivered strong results, growing organic sales 9% and 17%, respectively,"

Khandpur. 2 “From a regional perspective, Asia and Latin America delivered strong results, growing organic sales 9% and 17%, respectively,” Dr.