Because of the timing of price changes, paper prices in the third quarter are expected to be similar to those of the prior year. Summary fiscal 2020 fourth quarter and full year results compared to the prior year periods: Earnings (loss) from continuing operations, Earnings from continuing operations before special items 2, Net cash provided by operating activities. The adoption of SFAS No. Of note: "Meredith's strength lies with our brand depth and consumer reach, which have stood the test of time and have become even more relevant as consumers seek high quality content they can trust," said Harty. As expected in a non-political year, political spot advertising revenues were $4 million compared to $66 million in the prior year period. The increase reflected a net unfavorable fair market value adjustment on interest rate swap contracts in the current year-to-date period. The Company has no material commitments for capital expenditures. 142. Actual results may differ materially from those currently anticipated. Major factors affecting the change in cash usage included a 57 percent increase in cash provided by operations, the acquisition of the American Baby properties and the effect of that acquisition on the change in net debt outstanding during the period. Intangible assets and goodwill at December 31, 2002, consisted of the following: Intangible assets subject to amortization: Intangible assets not subject to amortization: On December 5, 2002, Meredith acquired American Baby magazine and related assets from The following discussion presents the key factors that have affected the Company's business in the second quarter and first six months of fiscal 2003 and fiscal 2002. The Company expects to continue to repurchase shares from time to time in. In December 2002, Meredith acquired American Baby magazine and related assets from Primedia, Inc., for $115.0 million. Earnings from continuing operations before special items (non-GAAP), Tax impact of depreciation and amortization, Adjusted diluted earnings per share attributable to common shareholders, Per share impact of depreciation and amortization. Management believes this multi-tier franchise will help the Company reach young families who are just beginning to build their home and family lives. The Company re-evaluates its estimates on an ongoing basis. The notional amount varies over the terms of the contracts. These actions resulted in a fiscal 2001 net nonrecurring charge of $25.3 million ($15.4 million after tax), or 30 cents per share, for personnel costs ($18.4 million) and asset write-downs and other ($8.2 million), offset by the reversal of excess accruals ($1.3 million). Special items for the year ending June 30, 2020, represent those incurred in the first six months of fiscal 2020, as shown in Table 1. Estimated annual amortization expense is $2.4 million in fiscal 2003. For the first six months of fiscal 2003, operating profit was $38.5 million, up 73 percent from $22.2 million in the comparable prior-year period. Excluding special items, earnings from continuing operations were $73 million, compared to $93 million, and earnings per share from continuing operations were $1.14 compared to $1.55 in the prior year period. The exchange is expected to result in a revenue reduction of approximately $10 million in fiscal 2003, but it is not expected to have a material effect on operating results.