Selling, general and administrative expenses were 222.6 million, and as a percentage of sales increased 20 basis points to 31.1%. This was primarily due to acquisition related costs of $2.5 million and administrative cost increases supporting strategic initiatives, partially offset by a $3.9 million favorable settlement from the De Beers anti trust litigation. Other operating income was $39.7 million, up $7.5 million versus last year reflecting interest on the higher level of accounts receivable and the change in the mix of finance programs selected by customers.
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