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Burns Company reported $407.200 million in net income in 2016. On January 1, 2016, the company had 392 million shares of common stock outstanding. On March 1, 2016, 19.2 million new shares of common stock were sold for cash. On June 1, 2016, the company's common stock split 2 for 1.
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The segment's contribution to operating income in the second quarter totaled $3.0 million, compared to $3.5 million at the peak of 2004's operations.
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