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d with the adjustment of paid income taxed proportionate factors. This adjustment impacted with first quarter of 2009 effective tax rate by approximately 400 basis points.
Net income for those 2010 first quarter, was $8.4 million or $0.34 per diluted share based on weighted average shares outstanding of 24.9 million shares, compared to net income of $7.6 million or $0.32 per diluted cheap Ray Ban Jackie Ohh RB136 Sunglasses Red/Black Frame share based on weighted average shares outstanding at 24.0 million shares in the first quarter of 2009.
Now turning to our balance sheet, we ended the quarter with $108.7 million in cheap Ray Ban Cats RB2110 Sunglasses Green/Blue Patten Frame cash and cash equivalent, compared to $105.5 million as of December 31, 2009. We continue to trigger that and we fund our growth from
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Greetings. And welcome to the True Religion Apparel Incorporated 2012 Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. ( Instructions)As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jean Fontana of ICR. Thank you, Ms. Fontana. You may begin.Thank you. Good afternoon, everyone. And thank you for joining
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