• Net sales of $598 million, a 5% increase, with core sales growth of 8%. **
  • Operating margin was 14.0% and adjusted operating margin was 20.5%.
  • Net earnings were $54 million, or $0.94 per diluted share.
  • Adjusted EBITDA was $136 million, an increase of 65% year over year. Adjusted EBITDA margin was 22.8%, an increase of 830 basis points year over year.
  • Generated operating cash flow of $78 million and free cash flow of $70 million, an increase of 57% year over year.
  • Returned $58 million to shareholders through repurchase of 2.2 million shares.

*This press release contains financial measures in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) in addition to non-GAAP financial measures. Reconciliations of the non-GAAP financial measures to the comparable GAAP measures are presented in the tables accompanying this release.

**Core growth represents revenue growth excluding the impact of foreign exchange rates, acquisitions, and divestitures. A reconciliation of core sales to the comparable net sales are presented in the tables accompanying this release.

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