) reported net income for the fourth quarter 2010 of $15.1 million, or $0.15 per share, on sales of $1.04 billion. Fourth quarter 2010 results were impacted by a $19.5 million LIFO inventory valuation reserve charge and $20.4 million in start-up and idle facility costs, which reduced earnings by $0.26 per share. In the fourth quarter 2009, ATI reported net income of $37.8 million, or $0.36 per share, on sales of $815.7 million. The fourth quarter 2009 results benefited from a $43.8 million reduction in the LIFO reserve. Results for the fourth quarter 2009 were adversely affected by start-up and idle facility costs of $13.5 million.