• Operating income in 2012 increased to $17.7 million from $14.1 million in 2011.
Direct Checks
• Revenue was $51.0 million compared to $55.5 million in 2011, primarily driven by lower order volume resulting from the continued decline in check usage.
• Operating income in 2012 decreased to $15.4 million from $16.9 million in 2011.
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- People:
- Lee Schram
- Places:
- St. Paul, Minnesota
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