Press Release: Houghton Mifflin Harcourt Reports Significant Revenue Growth in Q2 Earnings Report
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Selling and Administrative Costs: In the second quarter of 2014, Selling and Administrative costs were $152 million, or 14% higher than the $133 million recorded in the same period in 2013. The higher costs were primarily due to increased commission costs associated with the higher sales volumes, increased outside labor costs to support the adoptions in 2014, and increased technology costs to support ongoing digital initiatives.
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