Nutraceutical International Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended September 30, 2015
For the year, the company reported net sales of $216,479,000 against $214,474,000 a year ago. Income from operations was $24,289,000 against $26,497,000 a year ago. Income before provision for income taxes was $23,238,000 against $25,076,000 a year ago. Net income was $15,271,000 or $1.59 per diluted share against $15,889,000 or $1.62 per diluted share a year ago. Adjusted EBITDA was $38,864,000 against $38,232,000 a year ago. Operating cash flow for the fiscal year ended September 30, 2015 was $25.0 million, compared to $20.0 million for fiscal 2014. The operating cash flow for the fiscal year ended September 30, 2015, combined with existing cash, was primarily used to repay net borrowings of $11.5 million on the Company's revolving credit facility and to invest $8.6 million in purchases of property, plant and equipment, $5.3 million in purchases of common stock for treasury and $1.3 million in acquisitions of natural product businesses.