Finally, our 2011 results include a $5.5 million, or $0.07 per share, after-tax charge related to a restructuring of our international operations. As I noted, the performance of our international operations has been affected by the economic turbulence in Europe and the impact of the Arab Spring in the Middle East.In the fourth quarter, we took actions to address the slowdown, including reducing our work forces in these markets and consolidating systems and offices. Early results would indicate that these actions have been successful and we now have our international operations on a solid footing.
URS Corporation's CEO Discusses Q4 2011 Results - Earnings Call Transcript
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