Hawkins Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 30, 2012. For the quarter, the company reported net income of $1,348,000 or $0.13 per basic and diluted share on sales of $85,527,000 against net income of $5,552,000 or $0.54 per basic share and $0.53 per diluted share on sales of $84,160,000 a year ago. Operating income was $509,000 compared to $8,516,000 a year ago. Income from continuing operations before income taxes was $544,000 compared to $8,542,000 a year ago. Income from continuing operations was $1,348,000 or $0.13 per basic and diluted share compared to $5,285,000 or $0.51 per basic and diluted share a year ago. Adjusted net income from continuing operations was $5,800,000, or $0.56 per share, fully diluted.

For the nine months, the company reported net income of $12,961,000 or $1.24 per basic share and $1.23 per diluted share on sales of $262,786,000 against net income of $19,180,000 or $1.86 per basic share and $1.84 per diluted share on sales of $260,624,000 a year ago. Operating income was $19,330,000 compared to $29,492,000 a year ago. Income from continuing operations before income taxes was $19,429,000 compared to $29,611,000 a year ago. Income from continuing operations was $12,943,000 or $1.24 per basic share and $1.23 per diluted share compared to $18,356,000 or $1.78 per basic share and $1.76 per diluted share a year ago. Adjusted net income from continuing operations was $19,400,000, or $1.85 per share, fully diluted, compared to adjusted net income from continuing operations of $18,400,000 or $1.76 per share, fully diluted, for the first nine months of fiscal 2012.