Second-quarter net income came to $12.2 million, or 3 cents per share, compared with a year-earlier loss of $5.5 million, or 1 cent per share.

Excluding debt retirement costs and other one-time expenses, earnings rose to 8 cents per share from 5 cents.

(Reporting by Atossa Araxia Abrahamian; Editing by Lisa Von Ahn)