NEW YORK — Phillips-Van Heusen Corp. is on track with its integration of Calvin Klein, though the cost of combining the two businesses helped drag down profits in the second quarter.

Net income available to common stockholders for the three months ended Aug. 3 dropped 50.3 percent to $3.9 million, or 13 cents a diluted share, from $7.9 million, or 28 cents a year ago.

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