Sealed Air Corp. on Thursday morning reported net earnings for its common shareholders of $28.01 million, or 13 cents per diluted share, for the second quarter. That's down from $60.1 million, or 28 cents per share, in the same period a year earlier, but the latest quarter included a nearly $111 million expense on refinancing and payments on debt as well as higher restructuring costs, the company's news release shows .