The effective income tax rate was 29.7 percent in the current quarter compared to 31.2 percent in the third quarter of 2012.Cash provided by continuing operations was $350 million in the third quarter of fiscal 2013, compared to $157 million in the prior year third quarter. The increase in cash provided by continuing operations during the third quarter was primarily due to the collection of accounts receivables and a reduction in inventories. These decreases were partially offset by a reduction in advance payments resulting from lower original equipment orders.
Joy Global Inc. Announces Third Quarter Fiscal 2013 Operating Results And Share Repurchase Program
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